Technotrans : Corporate Governance Declaration 2025

About this update from Technotrans Se

Ready for Growth Corporate Governance Declaration pursuant to Sections 289f, 315d German Commercial Code (HGB) The Corporate Governance Declaration in accordance with Section 289f HGB and Section 315d HGB contains the disclosures in accordance with Section 289f (2) HGB and in particular the Declaration of Compliance with the German Corporate Governance Code (GCGC), notes on the publication of the Section 162 AktG and notes on the remuneration resolution, relevant disclosures on corporate governance practices, information on the management and control of the company, the description of the modus operandi of the Board of Management and Supervisory Board as well as of their composition and the modus operandi of Supervisory Board committees, the specified targets according to Section 76 (4) and Section 111 (5) AktG and the disclosures on attainment of the targets as well as a description of the diversity concept pursuant to Section 289f (2) No. 6 HGB. website under the menu item Company/Corporate Governance. Fundamentals of corporate governance General disclosures on the company and the governing bodies technotrans SE is a German company with the legal form of a European Company (Societas Euro-paea) with its registered office in Sassenberg, North Rhine-Westphalia. It is entered on the Commercial Register of the Local Court of Münster under HRB 17351 and listed on the Frankfurt Stock Exchange in the Prime Standard. The object of the business is the development, manufacture, construction, sale, installation, repair and servicing of technical plant, systems and components, the trading in such plant, systems and components, and the provision of maintenance and other services, including technical services. technotrans SE may also set up branches, establish subsidiaries or acquire identical or similar companies, or invest therein. technotrans SE has a dual-board management structure comprising Board of Management and Supervisory Board. The Board of Management is responsible for the operational management of the company. The Supervisory Board performs a supervisory role. Both boards work together on a basis of trust in the interests of technotrans SE and the technotrans Group. The Articles of Association can The Board of Management has set up an Internal Control and Risk Management System within the Group. In the course of its regular examination of the Internal Control and Risk Management System, the Board of Management has not identified any indications of insufficient adequacy or effectiveness. Independent supervision of the Internal Control and Risk Management System is performed by the Supervisory Board. Furthermore, the adequacy and effectiveness of areas of the Internal Control and Risk Management System are examined by independent external auditors. The governing bodies of technotrans SE Corporate and Group structure technotrans SE is an operationally active Group parent. The Consolidated Financial Statements include technotrans SE and its 15 subsidiaries. Declaration of Compliance pursuant to Section 161 of the German Stock Corporation Act (AktG) Corporate governance means a responsible form of corporate management and control in a manner that strives for long-term value creation. This especially includes purposeful, effective collaboration between the Board of Management and Supervisory Board, upholding the interests of shareholders and employees, openness and transparency in corporate communications, and the suitable handling of risks. The Board of Management and Supervisory Board consider themselves obliged to protect the company as a going concern and create value sustainably. Our corporate bodies believe sound corporate governance is an essential component of sustained corporate success. Responsible, value-led corporate management and transparent corporate information are important elements in every area of the company. Corporate governance at technotrans SE takes the recommendations of the GCGC, in each case as amended, as its benchmark. On September 19, 2025 the Board of Management and Supervisory Board issued the following Declaration of Compliance pursuant to Section 161 AktG on the basis of GCGC as amended on April 28, 2022: ward, technotrans SE has complied and will comply with the recommendations of the German Corporate Governance Code (GCGC) as amended on April 28, 2022 (announced in the Federal Gazette on June 27, 2022) with the exception of the following departures: Article B.1 (Composition of the Board of Management; diversity) GCGC recommends in Article B.1 of its current version that the Supervisory Board also heed diversity in the composition of the Board of Management, with the company particularly taking the recommendation to mean that women are to be adequately represented. Until the appointment of Natascha Sander as member of the Board of Management with effect from February 1, 2025 all mem- siders that a specific gender is not an attribute that would specially qualify a female or male candidate for a particular position as a primary consideration. However the Supervisory Board has followed the GCGC recommendations with the appointment of Natascha Sander. The departure from Article B.1 GCGC is therefore declared exclusively for the period between submis- Article F.2 (Transparency and external reporting; publication deadlines) In its current version in Article F.2, the GCGC recommends that the Consolidated Financial Statements and the Group Management Report be made publicly accessible within 90 days from the end of the financial year, and that mandatory interim financial information be made publicly accessible within 45 days from the end of the reporting period. In certain respects the company did not satisfy the recommendations in financial years 2024 and 2025. Bearing in mind the increasing regulatory requirements for reporting, the Board of Management and Supervisory Board fundamentally consider it to be adequate to treat these deadlines merely as guidance. In particular the Board of Management and Supervisory Board believe that briefly exceeding the deadlines recommended by the GCGC, which are transparently shorter than the statutory deadlines applicable in the respective stock exchange rules for the Frankfurt Stock Exchange (Prime Standard), is not at odds with diligent transparency and the requirement to inform shareholders and other users. The provision of information by the company both to meet the statutory requirements and to satisfy the interests of stakeholders is therefore assured and prioritised throughout. This de- formation. The company has brought the processes for financial reporting in line with the rising regulatory requirements and intends to meet the recommendations from the 2026 financial year. 00

View stock analysis, news, and events for Technotrans Se