A-TEC INDUSTRIES AG ::: Corporate Governance

Corporate Governance

Compulsory disclosures under section 243b Austrian Business Code

A-TEC Industries AG, a company listed on the Vienna Stock Exchange prime market, has voluntarily committed itself to compliance with the Austrian Code of Corporate Governance as amended in January 2010, which is posted on the Company’s website www.a-tecindustries.com.

This Code is generally recognised at the Vienna Stock Exchange. No external audit was carried out in 2009; the auditor of the financial statements audited in accordance with section 269 UGB (Austrian Business Code) that a Corporate Governance Report was established.

The A-TEC Group aspires to advance the careers of equally qualified women, such that they attain management board, supervisory board and other management positions, without setting quotas. During the application and recruitment process, attention is paid to equal treatment of female and male candidates.

By virtue of the resolution of the extraordinary general meeting held on 19 October 2009, the Articles of Association of A-TEC Industries AG were amended to comply with the Aktienrechtsänderungsgesetz (Companies [Amendment] Act).

In addition to the compensation report, the following explanations are given with regard to C rules:

Rule 26:	CEO Mirko Kovats is the Supervisory Board Chairman of three external public limited companies.
Rule 27:	The remuneration of the A-TEC Industries AG Management Board and certain members of senior management includes performance related components.
Rule 34:	The rules of procedure of the Management and Supervisory boards are not published, either in their entirety or in extracts, since A-TEC Industries AG considers them to be confidential.
Rule 77:	The consolidated financial statements are audited in accordance with the Austrian statutory provisions currently in force, and the standards and guidelines for generally accepted auditing practice established by the pronouncements of the professional associations of auditors in Austria. These conform to the International Standards on Auditing (ISA).

Articles of Incorporation

The articles of incorporation of A-TEC Industries as PDF (Adobe Acrobat Reader) to download.



	ARTICLES OF INCORPORATION A-TEC INDUSTRIES

Corporate Governance Report

PDF-Files (Adobe Acrobat Reader) to download:



	Corporate Governance Report 2009

Corporate Governance Codex

The Austrian Corporate Governance Code (version January 2009) as PDF (Adobe Acrobat Reader) to download.



	Corporate Governance Codex (January 2009)