Mercedes 2013 Annual Report Download - page 179

183
E | Corporate Governance | Corporate Governance Report
Shares held by the Board of Management and the
Supervisory Board, directors’ dealings
At December 31, 2013, the members of the Board of Manage-
ment held a total of 0.24 million shares or options of Daimler AG
(0.022% of the shares issued). At the same date, members
of the Supervisory Board held a total of 0.03 million shares or
options of Daimler AG (0.002% of the shares issued).
In 2013, members of the Board of Management and the Super-
visory Board and, pursuant to the provisions of Section 15a of
the German Securities Trading Act (WpHG), persons in a close
relationship with the aforementioned persons, conducted trans-
actions with shares of Daimler AG or related financial instru-
ments as listed in the table below.  E.02 Daimler AG discloses
these transactions without delay after receiving notification
of them. Current information is available on our website at
w daimler.com/dai/dd/en.
Risk management and financial reporting
Risk management at the Group. Daimler has a risk manage-
ment system commensurate with its size and position as a
company with global operations. E see pages 129 ff The risk
management system is one component of the overall planning,
controlling and reporting process. Its goal is to enable the
Company’s management to recognize significant risks at an early
stage and to initiate appropriate countermeasures in a timely
manner. The Supervisory Board deals with the risk management
system in particular with regard to the approval of the opera-
tional planning. The Audit Committee discusses at least once a
year the effectiveness and functionality of the risk manage-
ment system with the Board of Management and the external
auditors. In addition, the Audit Committee regularly deals
with the risk report. The Chairman of the Supervisory Board
has regular contacts with the Board of Management to discuss
not only the Group’s strategy and business development, but
also the issue of risk management. The Corporate Audit depart-
ment monitors adherence to the legal framework and Group
standards by means of targeted audits and initiates appropriate
actions as required.
Accounting policies. The consolidated financial statements of
the Daimler Group are prepared in accordance with the Inter-
national Financial Reporting Standards (IFRS), as adopted by the
European Union, and with the supplementary standards to be
applied according to Section 315a Subsection 1 of the German
Commercial Code (HGB). Details of the IFRS are provided
in this Annual Report in the Notes to the Consolidated Finan-
cial Statements. E see Note 1 of the Notes to the Consoli-
dated Financial Statements. The annual financial statements of
Daimler AG, which is the parent company, are prepared in
accordance with the accounting standards of the German Com-
mercial Code (HGB). Both sets of financial statements are
audited by a firm of accountants elected by the Annual Share-
holders’ Meeting to conduct the external audit.
Interim reports for the Daimler Group are prepared in accordance
with IFRS for interim reporting, as adopted by the European
Union, as well as, with regard to the interim management reports,
the applicable provisions of the German Securities Trading Act
(WpHG). Interim financial reports are reviewed by the external
auditors elected by the Annual Shareholders’ Meeting.
Corporate governance statement
The corporate governance statement to be issued pursuant
to Section 289a of the German Commercial Code (HGB) is
published simultaneously with the Annual Report including the
Corporate Governance Report at w daimler.com/dai/dsr
and can be accessed there.
Directors’ dealings (and dealings of related persons pursuant to Section 15a of the German Securities Trading Act (WpHG)) in the year 2013
Date Name Function Type and place of transaction Number Price Total volume
Sept. 19, 2013 Dr. Weber, Frank Member of the Supervisory Board Sale of new shares, Frankfurt 4,000 €58.76 €235,040
Sept. 19, 2013 Dr. Weber, Frank Member of the Supervisory Board Acquisition of shares through
exercise of options (OTC)
4,000 €43.57 €174,280
July 17, 2013 Dr. Zetsche, Dieter Chairman of the Board of Management Acquisition of shares, Frankfurt 22,000 €52.08 €1,145,760
July 15, 2013 Dr. Zetsche, Dieter Chairman of the Board of Management Sale of new shares, Frankfurt 150,000 €51.89 €7,783,500
July 15, 2013 Dr. Zetsche, Dieter Chairman of the Board of Management Acquisition of shares through
exercise of options (OTC)
150,000 €43.57 €6,535,500
May 8, 2013 Renschler, Andreas Member of the Board of Management Acquisition of shares, Frankfurt 3,490 €43.18 €150,698
May 6, 2013 Renschler, Andreas Member of the Board of Management Sale of new shares, Frankfurt 45,000 €43.45 €1,955,250
May 6, 2013 Renschler, Andreas Member of the Board of Management Acquisition of shares through
exercise of options (OTC)
45,000 €43.57 €1,960,650
May 8, 2013 Prof. Dr. Weber,
Thomas
Member of the Board of Management Acquisition of shares, Frankfurt 4,650 €43.24 €201,066
May 6, 2013 Prof. Dr. Weber,
Thomas
Member of the Board of Management Sale of new shares, Frankfurt 60,000 €43.45 €2,607,000
May 6, 2013 Prof. Dr. Weber,
Thomas
Member of the Board of Management Acquisition of shares through
exercise of options (OTC)
60,000 €43.57 €2,614,200
E.02