maxingvest ag


 

Declaration on corporate governance

In June 2015, the Supervisory Board of maxingvest ag determined a target value of 25% for female representation on the Supervisory Board and 0% on the Management Board in accordance with section 111 (5) of the German Stock Corporation Act (Aktiengesetz, AktG).
In September 2015, the Management Board of maxingvest ag determined a target value of 0% for female representation at management level 1 (department head) and 50% at management level 2 (division and/or group manager) in accordance with section 76 (4) sentences 1 and 3 AktG.

 

The target values were to be reached by 30 June 2017. The defined target values have been met on 30 June 2017.

 

Given the current body composition and appointment periods as well as personnel planning, Management Board and Supervisory Board decided in June 2017 to further pursue the target values mentioned above. The target values for management level 1 and 2 shall be reached within four years (thus until 30 June 2021); the target values for Supervisory and Management Board within five years (thus until 30 June 2022).

 

The target values on the Management Board and at management level 1 explicitly do not express the intention of leaving the proportion of women permanently at the status quo, but merely represent the state to be realistically expected on 30 June 2021 or 30 June 2022 respectively.

 

The Management Board and the Supervisory Board aim for an appropriate participation of women in the event of any staff changes.