Responsible behaviour throughout the organisation is part of our identity. Long-term sustainable value creation is our duty. These are also the basic elements of good corporate governance at Progress-Werk Oberkirch AG. In order to maintain and increase the confidence in our management of shareholders and employees, customers and suppliers, and the general public, all of the Company’s officers have committed themselves to complying with these principles. In their implementation, Progress-Werk Oberkirch AG relies on the standards of good corporate governance commonly used by German businesses. The Company's Articles of Association do not contain any provisions deviating from those mentioned. The Management Board and the Supervisory Board work together closely, efficiently, and faithfully. Finally, we want to build trust through transparent and timely communication, both internally and externally.

Corporate Governance Report 2011
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