DHL 2015 Annual Report Download - page 113

Deutsche Post  Group —  Annual Report
e Personnel Committee met on four occasions. Items for discussion included increasing the num-
ber of women in executive positions, the strategic priorities for Human Resources, personnel develop-
ment, enhancing the Group-wide “Certied” initiative, which promotes employee commitment and
changes in corporate culture, and the annual Employee Opinion Survey.
e Finance and Audit Committee met seven times. Both Stefan Schulte, Chair of the Finance and
Audit Committee, and Simone Menne, a member of the Finance and Audit Committee, have the account-
ing and auditing expertise required under the Aktiengesetz (AktG – German stock corporation act). At
the March meeting, the committee examined the annual and consolidated nancial statements for 
and recommended that the Supervisory Board approve the statements. e auditors attended the meeting
and gave a detailed presentation on their ndings regarding the key audit priorities for  as dened
by the Committee as well as making specic recommendations based upon their ndings. e March
meeting also adopted the resolutions proposed to the Supervisory Board for inclusion on the agenda of
the . Key Group risk management factors were also examined during the meeting as planned. Fol-
lowing the , the Finance and Audit Committee engaged the auditors to audit the  annual and
consolidated nancial statements and the interim nancial report for the rst half of the year. e Com-
mittee also dened the key audit priorities. e Committee discussed the reviewed quarterly and half-year
interim reports together with the Board of Management and the auditors prior to publication. e May
meeting concentrated on the Group’s pension obligations. On  June , the Finance and Audit
Committee discussed the status of the transformation programme in the Global Forwarding, Freight
division as well as the ndings of internal audits. In the meeting on  September , the Finance and
Audit Committee examined the internal control and risk management system. e Chief Compliance
Ocer also presented a detailed report on compliance, which focused primarily upon enhancing
compliance organisation and management. On  December , the Finance and Audit Committee
meeting concentrated on the Group business plan for  and a share capital increase in order to nance
a share buy-back to settle share-based payments due to executives in . e Committee recommended
that the Supervisory Board approve the proposals. e Committee discussed the Group’s performance
and the internal control and risk manage ment system at regular intervals during the year.
e Strategy Committee met ve times in . In addition to the sale of the company’s shares in
Sinotrans Ltd., the Committee discussed the business units’ strategic positions in their respective market
segments and the implementation of “Strategy ”. e Committee focussed upon the performance
of the Global Forwarding business unit, the associated business-centric  renewal and the performance
of the eCommerce - Parcel business unit.
e Nomination Committee met once to discuss nominations for the   and approve the
recommendation to the Supervisory Board to re-elect Roland Oetker as a member of the Supervisory
Board.
e Mediation Committee formed pursuant to section   of the Mitbestimmungsgesetz (German
Co-determination Act) did not meet in the year under review.
e chairs of the committees reported on the committees’ deliberations in the subsequent Supervisory
Board meeting.
Composition of the Board of Management and Supervisory Board
e members of the Supervisory Board remained unchanged in . Roland Oetker was re-elected as a
member of the Supervisory Board at the  on  May . Mr Oetker’s considerable experience and
expertise mean that the Supervisory Board members not only oer substantial industry-specic experience
but also extensive corporate management experience. Details of the current members of the Supervisory
Board committees can be found on page . On  April , Roger Crook resigned as the Board Mem-
ber for Global Forwarding, Freight. Until the appointment of a new board member for the Global Forwarding,
Freight division,  Frank Appel has agreed to take over the corresponding tasks in a dual role.
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Corporate Governance — REPORT OF THE SUPERVISORY BOARD