Avoidance of Conflicts of Interest and Mandates

Man Signing Contract Paper
In accordance with recommendations E2 and E3 of the German Corporate Governance Code, conflicts of interest shall be disclosed to the Chair of the Supervisory Board and to the Chair of the Board of Management without undue delay and members of the Board of Management shall only assume sideline activities, especially Supervisory Board mandates outside the enterprise, with the approval of the Supervisory Board.
In the reporting year 2024, there were no conflicts of interest of Board of Management members. No member of the Board of Management has accepted more than a total of two offices in non-Group listed companies or on supervisory bodies of non-Group entities that make similar requirements.

Mandates

The members of the Board of Management hold the following mandates on statutory supervisory boards and comparable supervisory bodies of business enterprises (as of April 1, 2025).
NameFirst appointedGroup company positions*External positions*
Jens Birgersson
Chief Executive Officer		September 1, 2025 
  • Dormakaba Holding AG, Ruemlang, Switzerland (listed) (non-executive Member of Board of Directors)
  • Randers Reb International A/S, Randers, Denmark (not listed) (Chairman of Board of Directors)
  • Urban Partner A/S, Copenhagen, Denmark (not listed) (Member of the Advisory Network)
Thomas Reisten
Chief Financial Officer		April 1, 2025  
*Membership of statutory supervisory boards and comparable German and foreign supervisory bodies of business enterprises

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