Corporate Gover­nance

CORPORATE GOVER­NANCE

The Austrian Corporate Gover­nance Codex was presented publicly on 1st October 2002 and is valid since then. Amend­ments to the Codex were imple­mented in February 2005, January 2006 and finally in June 2007.

This voluntary self-regulation effort will boost confi­dence of share­holders by improving trans­parency, increasing the quality of the inter­action between super­visory board, management board and share­holders and supporting a long-term view to create value. The Austrian Corporate Gover­nance Codex is an important building block for the further devel­opment and enhancement of the Austrian capital markets.

Due to the change in the stock exchange listing from the Frankfurt to the Vienna Stock Exchange in March 2007, Pankl Racing Systems AG will from then on focus volun­tarily on the Austrian Corporate Gover­nance Codex. Before the company complied with the German Corporate Gover­nance Codex. Pankl Racing Systems AG considers the strict principles of good corporate leadership and trans­parency its major focus in any of its entre­pre­neurial activ­ities.

For further infor­mation: www.corporate-gover­nance.at

CORPORATE GOVER­NANCE CODEX

Pankl Racing Systems AG welcomes the new Austrian Corporate Gover­nance Codex and intends to comply with its rules. The objec­tives of the Codex corre­spond to Pankl Racing Systems AG’s principles of good and trans­parent corporate leadership.

Corporate Gover­nance Codex

CORPORATE GOVER­NANCE REPORT

Due to the change of the stock exchange quotation from the Frankfurt to the Vienna Stock Exchange in March 2007, Pankl Racing Systems AG undertook to comply with the rules of the Austrian Corporate Gover­nance Codex. Before the company was subject to the German Corporate Gover­nance Codex.

The attached Corporate Gover­nance Report was created within the Annual Report.

Corporate Gover­nance Report

RULES OF PROCEDURE

The Super­visory Board of Pankl Racing Systems AG defined the following Rules of Procedure in accor­dance with Chapter 15(1) of the Articles of Associ­ation.

Rules of Procedure for the Super­visory Board

SHARE­HOLDINGS OF BOARD MEMBERS

Management Board and Super­visory Board volun­tarily undertook to disclose their share­holdings in Pankl Racing Systems AG.

Shareholding 31.12.2017
Management Board
Wolfgang Plasser 0
Christoph Prattes 0
Stefan Seidel 0
Supervisory Board
Stefan Pierer 0
Josef Blazicek 0
Friedrich Roithner 0
Alfred Hörtenhuber 0
Harald Plöckinger 0
Total 0

ARTICLES OF ASSOCI­ATION

Here you can find the Articles of Associ­ation of Pankl Racing Systems AG (version as of Juni 2018).

Satzung PARS AG