Corporate Governance

ALL STATEMENTS IN THIS CORPORATE GOVERNANCE REPORT REFLECT THE SITUATION THAT PREVAILED ON 16 FEBRUARY 2017.

As an unlisted company, HSH Nordbank has been recognising the German Corporate Governance Code (GCGC) voluntarily since 2005. The Management Board and the Supervisory Board of HSH Nordbank expressly support the recommendations and objectives of the GCGC. Corporate governance at HSH Nordbank is also principally based on the provisions of the German Stock Corporation Act, the German Banking Act and internal rules such as the Articles of Association and the rules of procedure that apply to the Management Board and the Supervisory Board, as well as the Code of Conduct of HSH Nordbank. By presenting our system of corporate governance and control and transparent reporting on conformity to the recommendations of the Code, we aim to strengthen the confidence that investors, clients and employees, as well as the general public, have in HSH Nordbank.