Corporate Governance
SolarWorld AG is committed to good and responsible corporate management and supervision, subsumed under the term 'corporate governance'.
Having signed the German Corporate Governance Code promulgated by the Government Commission of the Federal German Ministry for Legal Affairs, the bodies of SolarWorld AG have committed themselves to complying with the principles and recognized standards of responsible and fair corporate management in the company.
SolarWorld AG has thus committed itself to promoting a best practices standard of good corporate governance and reciprocates the confidence of shareholders that shoulder some of the entrepreneurial risk by means of providing equity.
The Code outlines the shareholders' rights and the cooperation between Management Board and Supervisory Board. In addition, the Code comprises some provisions on transparency, accounting and auditing of financial statements. This helps to reinforce trust in the corporate management among national but in particular also international investors.
With its annual declaration of compliance pursuant to section 161 of the German Stock Corporation Act, SolarWorld AG has declared whether or not the recommendations were complied. This has been done every year since the Code was adopted in February 2002. This declaration is made permanently accessible to SolarWorld shareholders in the annual report and under www.solarworld.de.
Declaration of Compliance with the German Corporate Governance Code
by the Board of Management and the Supervisory Board of SolarWorld AG pursuant to § 161 AktG
In their respective meetings on December 13th, 2011 the members of the Board of Management (Vorstand) and the Supervisory Board (Aufsichtsrat) of SolarWorld AG passed a resolution that the recommendations of the “Government Commission of the German Corporate Governance Code” in its current version have been complied with since the last declaration of compliance and shall continue to be complied with.
Archive
- 2010 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2009 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2008 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2007/06/14 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2007/03/15 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2006 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2005 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2004 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
- 2002 Declarations by the Board of Management and the Supervisory Board of SolarWorld AG
