Corporate Governance

At Krones, corporate governance stands for responsible, trustworthy corporate management and control. The Executive board and the Supervisory board are committed to this for the purpose of sustainable value creation.

This German Corporate Governance Code (the "Code") presents essential statutory regulations for the management and supervision of German listed companies (corporate governance) and includes internationally and nationally recognised standards for good and responsible corporate governance. The aim of the Code is to make the German corporate governance system transparent and understandable. Its purpose is to strengthen the trust of international and national investors, customers, employees and the public in the management and supervision of listed German companies.

The Code clearly underlines the duty of executive board and supervisory board to secure the continuing operation of the enterprise in accordance with the principles of the social market economy (the interests of the enterprise).