The auditor's evaluation of compliance with the rules of the Code and the correctness of our announcement indicated that this public declaration of compliance with the Code is correct.
The implementation and correctness of our public announcements is evaluated by KPMG Wirtschaftsprüfungs- und Steuerberatungs AG based on a two-year cycle in accordance with the standards issued by the International Federation of Accountants for reviews, and their report is published on our website. The last auditor’s evaluation of our adherence to the rules of the code and the correctness of our announcements was carried out in 2012 and confirmed that the public declarations of compliance are correct. Compliance with the provisions of the code that relate to the auditor is evaluated by the Audit Committee of the Supervisory Board. The Audit Committee recently evaluated the auditor’s compliance with the provisions of the code, and reported to the Supervisory Board that this review did not identify any deviations.
The questionnaire issued by the Austrian Working Group for Corporate Governance is designed to guarantee the greatest possible consistency in voluntary evaluations, and thereby ensure that results are generally comparable.
The goal of this evaluation is to give the public an indication of compliance with the announced principles of corporate governance by companies. It should be noted that external evaluation is only set forth as a recommendation in the preamble to the Code, and does not represent a rule as defined by the Code (L-C-R rules). Therefore, the use of this questionnaire is also voluntary. This questionnaire was designed in a clear and simple manner to give investors an overview of corporate governance practices in a company.