Supervisory Board

 


Members


Committees of the Supervisory Board

OHB's corporate governance serves to ensure responsible management and control of the Group geared to value creation. OHB SE's Supervisory Board has delegated individual tasks to three committees, which deal with these in greater detail for the attention of the Supervisory Board. The Personnel Committee, the Audit Committee and the Corporate Governance and Nomination Committee each comprise at least three members of the Supervisory Board.

The Audit Committee is composed of the members of the Supervisory Board Ingo Kramer (Chairman of the Committee), Robert Wethmar and Raimund Wulf.

The Audit Committee supports the Supervisory Board in monitoring the management of the company, in particular from a financial perspective. Specifically, it reviews:

  • the structure of the accounting system
  • the organization and content of financial controls, including internal audits;
  • the financial reporting to the shareholders, the capital market and the public as well as the relationship with the group auditors;
  • the financial planning and budget and its fulfillment;
  • the investment of cash and cash equivalents and the financial situation
  • the longer-term business plans and strategy and their communication in the annual report;
  • the risk management, internal control systems, risk plans and risk assessment of the Executive Committee;
  • the tax matters and monitors the tax risks and tax governance including the tax strategy of the Company.

Besides that, this committee monitors the sustainability reporting.

The Personnel Committee is composed of the members of the Supervisory Board Robert Wethmar (Chairman of the Committee), Ingo Kramer and Dr. Hans Königsmann.

The members of this Committee prepare proposals for the attention of the Supervisory Board for the appointment of new Management Board members and deal with succession planning and the evaluation of candidates for the Management Board. In the selection and nomination process, the Nomination Committee takes into account independence, expertise, experience as well as the competencies (also with regard to economic, environmental and social aspects) required for the tasks of the Management Board or the Corporate Senior Management. As far as possible, a balance in terms of diversity shall be sought - in particular with regard to gender, age, nationality or country of origin, competencies, experience and ways of thinking. These criteria generally include ethnic origin and affiliation.

The ESG, Corporate Governance and Nomination Committee is composed of the members of the Supervisory Board Robert Wethmar (Chairman of the Committee), Raimund Wulf and Dr. Hans Königsmann.

This committee supports the Supervisory Board in matters relating to corporate governance, compliance and the alignment of the Company's activities with sustainable management. It monitors compliance with internal business and behavioral principles, including safety and environmental protection, from a legal perspective.

In the selection and nomination process, this committee takes into account independence, expertise, experience, and the competencies (also with regard to economic, environmental, and social aspects) required for the tasks of the Supervisory Board. As far as possible, a balance in terms of diversity shall be sought - in particular with regard to gender, age, nationality or country of origin, competencies, experience and mindset. These criteria generally include ethnic origin and affiliation.

 

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