Business
MLP : Declaration of Corporate Governance 2025
MLP : Declaration of Corporate Governance
About this update from Mlp Se
DECLARATION OF CORPORATE GOVERNANCE PURSUANT TO §§ 315D, 289F OF THE GERMAN COMMERCIAL CODE (HGB) Pursuant to §§ 315d, 289f of the German Commercial Code (HGB), the Executive Board and Supervisory Board submit the corporate governance statement for both MLP SE and the Group. Wording of the Declaration of Compliance of MLP SE pursuant to § 161 of the German Stock Corporation Act (AktG) (As per November 12, 2025) "Pursuant to § 161 of the German Stock Corporation Act (AktG), the Executive Board and Supervisory Board of MLP SE hereby declare that the Company has generally complied with the recommendations and suggestions of the Government Commission for the German Corporate Governance Code in the version dated April 28, 2022 (hereinafter also referred to as the "GCGC 2022"). With regard to the recommendations and suggestions of the Government Commission for the German Corporate Governance Code in the version dated April 28, 2022, only recommendations B.5, C.2 and G.10 have not been complied with. The reasons for these deviations from the recommendations are as follows: Recommendation B.5 of the GCGC 2022 (age limit for members of the Executive Board and disclosure in the corporate governance statement) As per the recommendations of the GCGC 2022, an age limit is to be specified for members of the Executive Board and disclosed in the declaration of corporate governance. No age limit has been set for members of the Executive Board. The appointment of members of the Executive Board should be based solely on their knowledge, skills and specialist experience. MLP did not follow this recommendation in the financial year 2025 and will also not follow it in the financial year 2026. Recommendation C.2 of the GCGC 2022 (age limit for members of the Supervisory Board and disclosure in the corporate governance statement) As per the recommendations of the GCGC 2022, an age limit is to be specified for members of the Supervisory Board and disclosed in the declaration of corporate governance. No age limit has been or is set for members of the Supervisory Board at MLP. The election of members of the Supervisory Board should be based solely on their knowledge, skills and specialist experience. MLP did not follow this recommendation in the financial year 2025 and will also not follow it in the financial year 2026. Recommendation G.10 GCGC 2022 (share-based compensation; dispo...