Corporate Governance

As of 2004, Dutch listed companies are required to report in their respective annual reports whether or not they comply with the principles and best-practice provisions of the Netherlands Corporate Governance Code (the ‘Code’).

The Board of Management and Supervisory Board of Draka Holding endorse the Code, meaning that Draka maintains long-term alliances with various parties. These stakeholders are the groups and individuals that directly or indirectly influence the achievement of Draka Holding’s goals and objectives or are influenced by them. This includes for example employees, shareholders and other capital providers, suppliers, customers as well as the government and diverse groups in the society at large. The Board of Management and the Supervisory Board recognise their integral responsibility for correctly balancing these interests against securing the successful continuity of the business. Unless stated otherwise here, Draka Holding follows the best-practice (‘Bp’) provisions included in the Code.

Any substantial changes in Draka Holding’s corporate governance structure or in the manner in which Draka complies with this Code will be presented to the General Meeting of Shareholders (hereinafter referred to as ‘the General Meeting’) as a separate item on the agenda.

Governance Structure

Draka Holding N.V. is a public limited liability company under Dutch law. Draka Holding is registered in Amsterdam, the Netherlands. The management of Draka Holding is entrusted to the Board of Management, under the supervision of the Supervisory Board.

Articles of association Draka Holding N.V.