DHL 2012 Annual Report Download - page 117

Hard work by the committees
e Executive Committee met ve times during the year under review. Meeting agendas focused
primarily on business-related questions and Board of Management matters.
e Personnel Committee met four times, examining both existing and planned measures to promote
women in management. e committee discussed the global First Choice Way management approach, the
Group’s data protection guidelines, and the topics “health management”, “global volunteering day” and
programmes for employees and their children. e annual employee opinion survey was also discussed.
e Finance and Audit Committee met nine times. e chairman, Hero Brahms, is a nancial expert
as dened by sections   and   of the Aktiengesetz (AktG – German Stock Corporation Act). At
its meeting in March, the committee examined the annual and consolidated nancial statements for 
and recommended that these be approved by a plenary meeting of the Supervisory Board. e auditors
attended this meeting. Following the , the Finance and Audit Committee engaged the auditors to
perform an audit of the  annual and consolidated nancial statements and the interim nancial
report for the rst half of the year. e committee also dened the key audit priorities. In advance of their
publication, the reviewed quarterly nancial reports and the interim nancial report for the rst half of
the year were discussed by the committee together with the Board of Management and the auditors. e
main risk factors for the Group were also discussed at the March meeting as planned.
At an extraordinary meeting on  May , the Finance and Audit Committee discussed the add-
itional  payment demanded for the period from  to .
With regard to the acquisition and disposal of companies, in its meeting of  June  the com-
mittee discussed the acquisition of intelliAd Media GmbH. e committee was apprised of other acqui-
sitions and disposals during the course of the year. e results of the internal audit were also discussed
by the committee.
At its meeting on  September , the Finance and Audit Committee received a detailed progress
report on compliance organisation and compliance management from the Chief Compliance Ocer. e
main risk factors for the Group were also discussed further.
On  and  December , the Finance and Audit Committee considered the proposed convertible
bond issue and approved the relevant Board of Management resolution. In addition, on  December, the
committee examined the business plan for the years from  to  and approved the internal audit
plan for . e committee regularly discussed the Group’s business development and the internal
control and risk management system. e appropriateness of the Group’s accounting system was discussed
by the committee together with the auditors.
e Nomination Committee met on one occasion in  to consider nominations for the  .
e chairs of the committees reported on the committees’ deliberations in the subsequent plenary
meetings.
In  there were no meetings of the Mediation Committee, formed pursuant to section   of
the Mitbestimmungsgesetz (MitbestG – German Co-determination Act).
Changes to the composition of the Supervisory Board and Board of Management
No changes occurred during  with regard to the shareholder representatives on the Supervisory
Board of Deutsche Post . With respect to employee representatives, Wolfgang Abel stepped down on
 September  and Stephan Teuscher was appointed by the court on  October . In accordance
with the Mitbestimmungsgesetz, a Delegate Assembly will be held in April  to elect or re-elect all
employee representatives. e elected representatives’ ve-year term of oce will commence when the
 closes on  May .
Deutsche Post DHL Annual Report 
Corporate Governance
Report of the Supervisory Board
113