Corporate Governance Report

Beiersdorf reports on the Company's Corporate Governance in the Annual Report. Details of the remuneration system of the Company's Executive and Supervisory Boards can also be found there.

German Corporate Governance Code

The aim of the "German Corporate Governance Code" presented by the Government Commission is to make the German Corporate Governance system transparent and understandable and therefore to strengthen the confidence of international and national investors, customers, employees and the general public in the management and supervision of listed German corporations. The Code represents material statutory regulations for the management and supervision of listed German corporations, and also contains internationally and nationally recognized standards for good and responsible Corporate Governance in the form of recommendations ("shall") and suggestions ("should"/"can").