Reebok 2013 Annual Report Download - page 56

adidas Group
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2013 Annual Report
To Our Shareholders
52
2013
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01.8
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Corporate Governance Report including the Declaration on Corporate Governance
Share ownership of the Executive Board and
Supervisory Board
At the end of 2013, the total number of shares or related financial
instruments held by the members of the Executive Board of adidas AG
was well under 1% of the shares issued by the company.
At the same time, the members of the Supervisory Board owned 1.63%
of the shares issued by the company or related financial instruments.
A detailed overview of Directors’ Dealings in 2013 is published on our
website at :
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WWW.ADIDAS-GROUP.COM/DIRECTORS_DEALINGS.
Accounting and annual audit
adidas AG prepares the annual financial statements in accordance with
the provisions of the German Commercial Code (Handelsgesetzbuch –
HGB) and the Stock Corporation Act. The annual consolidated financial
statements are prepared in accordance with the principles of the
International Financial Reporting Standards (IFRS), as adopted by the
European Union (EU)
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SEE AUDITOR’S REPORT, P. 185.
KPMG AG Wirtschaftsprüfungsgesellschaft was appointed as auditor for
the 2013 annual financial statements and annual consolidated financial
statements by the Annual General Meeting. The Supervisory Board had
previously assured itself of the auditor’s independence.
Further information on the principles of our management
More information on topics covered in this report can be found on our website at
:
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W WW.ADIDAS-GROUP.COM including:
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Code of Conduct
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Sustainability
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Social commitment
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Risk and opportunity management and compliance
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Information and documents on the Annual General Meeting
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Directors’ dealings
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Accounting and annual audit
Compliance and risk management within the
adidas Group
Our compliance management system is linked to the Group’s risk
and opportunity management system. Both systems are closely
aligned and continuously developed and improved. The compliance
management system establishes the organisational framework for
Group-wide awareness of our internal rules and guidelines as well as for
ensuring the observance of the respective governing law. The risk and
opportunity management system ensures risk-aware and opportunity-
oriented actions in a well-monitored business environment in order to
guarantee the competitiveness and sustainable success of the adidas
Group. Further, the compliance management system and the risk and
opportunity management system are oriented towards continuously
strengthening the reputation of the adidas Group as a reliable and fair
business partner
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SEE RISK AND OPPORTUNITY REPORT, P. 158.
Transparency and protection of shareholders’ interests
It is our goal to inform all institutional investors, private shareholders,
financial analysts, employees and the interested public about the
company’s situation, at the same time and to an equal extent, by
regular open and up-to-date communication. We publish all essential
information, such as press releases, ad hoc announcements and voting
rights notifications as well as all presentations from analyst conferences,
all financial reports and the financial calendar on our website :
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WWW.
ADIDAS-GROUP.COM/EN. Our Investor Relations department maintains close
contact with our shareholders and provides a comprehensive range
of services to shareholders and the financial community
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SEE OUR
SHARE, P. 58.
In addition, we also provide all documents and information on our Annual
General Meeting on our website. The shareholders of adidas AG exercise
their shareholders’ rights at the Annual General Meeting. Each share
grants one vote. Thus our shareholders are involved in all fundamental
resolutions at the Annual General Meeting. It is our intention to
support our shareholders in exercising their voting rights at the Annual
General Meeting. At our next Annual General Meeting, taking place on
May 8, 2014 in Fuerth (Bavaria), we will again provide our shareholders
with the best possible service. Shareholders have the possibility, inter
alia, to electronically register for the Annual General Meeting or to
participate in online voting by granting powers of representation and
voting instructions to the proxies appointed by the company. Further,
all shareholders can follow the Annual General Meeting live and in full
length online.