Reebok 2009 Annual Report Download - page 40

36 TO OUR SHAREHOLDERS Declaration on Corporate Governance including the Corporate Governance Report
The Nomination Committee, com-
prised of three members, is the only
Supervisory Board committee consisting
exclusively of shareholder representa-
tives. Its tasks involve preparations with
regard to elections of shareholder rep-
resentatives to the Supervisory Board,
and it submits recommendations to
the Supervisory Board for its proposal
to the Annual General Meeting. When
drawing up proposals for the election to
the Supervisory Board, care is taken to
ensure that candidates have the required
knowledge, abilities and professional
experience. In addition, the candidates
are chosen with a view to diversity on an
international level.
In addition, a committee which
is responsible for the handling of real
estate matters, composed of three mem-
bers, was established ad hoc in 2009
see Supe rvisory Board Report, p. 28.
Avoiding conflicts of interestAvoiding conflicts of interest
In accordance with the Rules of Pro-
cedure of our Supervisory Board, the
members of the Executive Board and
Supervisory Board disclose any conflicts
of interest to the General Committee
instead of the entire Supervisory Board
without delay. Significant transactions
between the company and the mem-
bers of the Executive Board or persons
in close relationship with them require
the approval of the General Committee.
The Supervisory Board reports any con-
flicts of interest, as well as the handling
thereof, to the Annual General Meeting.
In the year under review, neither the
members of the Executive Board nor the
members of the Supervisory Board faced
any conflicts of interest.
Relevant management practicesRelevant management practices
Our business actions are orientated
towards the legal systems in the vari-
ous countries and regions from which
manifold obligations arise for the adidas
Group and its employees in Germany and
abroad. Besides responsible manage-
ment in compliance with laws, provisions
and other guidelines, we have estab-
lished Group-internal policies which
reflect the values and leadership prin-
ciples of our everyday actions.
Compliance in the adidas GroupCompliance in the adidas Group
We regard compliance as the conform-
ity of our actions with statutory provi-
sions and regulations as well as ethical
and moral principles which our company
is required to observe or to which we
have committed voluntarily. The adidas
Group perceives compliance as being all-
embracing, oriented towards the product
cycle and extending from the supply
chain to the final consumer. Our Social
& Environmental Affairs team deals with
the rights of employees in the supply
chain and coordinates product safety
standards. Before our products reach
the market, our Intellectual Property
department researches the technologies,
trademarks, logos and other designs
to identify possible infringements of
the rights of third parties. The internal
compliance programme includes, inter
alia, web-based training which is imple-
mented consistently. This training is
available to all employees worldwide and
in ten languages. Furthermore, we have
designated local Compliance Officers
globally as contact persons, to whom
complaints and information concerning
possible compliance infringements
can be reported. In the area of data
protection, we also have a web-based
training programme for all employees,
in ten languages. Additionally, the Group
has a “Marketing Guide” to raise our
employees’ awareness with regard to
data protection when in contact with
customers. As a next measure, additional
online training programmes in the
sectors anti-trust law and competition
law are being prepared.
N °-
01
DIRECTORS’ DEALINGS IN 2009
Frankfurt am Main,
Date Name Position Type of transaction Number of shares Price in € Total volume in €
August 5 Christian Tourres Supervisory Board
member Sale 50,000 31.999875 1,599,993.75
December 1 Christian Tourres Supervisory Board
member Sale 50,000 38.30 1,915,000.00