Corporate governance report including corporate governance declaration
Corporate governance stands for responsible management focused on adding long-term value. Efficient cooperation between the Board of Managing Directors and the Supervisory Board as well as openness and transparency in corporate and financial communications are key aspects of the Schaeffler Group’s corporate governance that strengthen the confidence of stakeholders in the company’s management and supervision.
The following is a report by the Board of Managing Directors and the Supervisory Board on the corporate governance of Schaeffler AG in accordance with item 3.10 of the German Corporate Governance Code. The corporate governance report also includes the corporate governance declaration in accordance with section 289f HGB. The corporate governance declaration required by sections 289f, 315d HGB has been combined for Schaeffler AG and the group. Therefore, the following discussion applies to Schaeffler AG and the group unless noted otherwise below.
Corporate governance report including corporate governance declaration including the declaration of conformity pursuant to section 161 AktG at: www.schaeffler.com/ir