Capital market-relevant press releases, 2003-05-06, 02:00 AM
ThyssenKrupp fulfills all Code recommendations
On April 30, 2003, the Executive Board and Supervisory Board of Thyssen Krupp AG issued a new Declaration of Conformity with the recommendations of the Government Commission on the German Corporate Governance Code in accordance with Art. 161 of the Stock Corporation Act (AktG). The declaration stated that ThyssenKrupp AG now fulfills all the Government Commission`s recommendations.
In addition to the recommendations, the Code contains a number of suggestions for responsible corporate governance. Compliance with these suggestions is not subject to statutory disclosure. ThyssenKrupp complies with all but one of these suggestions: There are currently no plans to stagger the election dates or periods of office of Supervisory Board members.
Dr. Jürgen Claassen
Corporate Communications and Central Bureau
Telephone +49 211 824-36002
Fax +49 211 824-36005