DHL 2013 Annual Report Download - page 115

e Finance and Audit Committee met seven times. Its chairman, Hero Brahms, and Stefan Schulte
are nancial experts as dened by sections   and   of the Aktiengesetz (AktG – German
Stock Corporation Act). At its meeting in February, the committee examined the annual and consoli-
dated nancial statements for  and recommended that these be approved by a plenary meeting of
the Supervisory Board. e auditors took part in this meeting and gave a detailed presentation on their
ndings regarding the key audit priorities set by the committee for , along with recommendations
arising from their ndings. 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 February meeting as planned.
At its meeting on  June , the Finance and Audit Committee considered the planned acquisition
of companies and holdings aimed at optimising Deutsche Post ’s investment portfolio. e committee
received ongoing updates about other acquisitions and disposals throughout the year. e committee’s
deliberations included the acquisition of optivo GmbH, a leading German provider of e-mail marketing
services. e results of internal audits 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  December , the Finance and Audit Committee considered the Group’s investment strategy
for pension assets as well as equity transactions. It also examined the business plan for  and approved
both the  internal audit plan and the sale of property in Hamburg. e committee regularly discussed
the Group’s business development and the internal control and risk management system. e appropriate-
ness of the Group’s accounting system was discussed with the auditors by the committee.
e Strategy Committee that was set up in December  will meet for the rst time in .
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).
No changes to the composition of the Supervisory Board and Board of Management
ere were no changes to the members of the Board of Management or the Supervisory Board during
. At the Deutsche Post   on  May , I was re-elected as a shareholder representative on
the Supervisory Board. e end of the  also marked the start of a new term of oce for the Super-
visory Board’s employee representatives who were re-elected in April  by the Delegate Assembly, in
accordance with the MitbestG. At its extraordinary meeting immediately aer the , the Supervisory
Board re-elected Andrea Kocsis as deputy chair and I was re-elected as chairman of the Supervisory Board.
e meeting also conrmed the positions of all committee members. Details of the current members of
the Supervisory Board committees are shown on page .
111Deutsche Post DHL 2013 Annual Report
Report of the Supervisory Board Corporate Governance