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Linde AG continues to welcome the German Corporate Governance (Glossary) Code produced by the Government Commission and last updated in May 2003. It creates transparency for our national and international investors, our business partners, our employees and the general public in the legal environment of corporate management and supervision in Germany.
The corporate goals of good responsible management and supervision and the achievement of sustainable value added have traditionally been central to the strategy of Linde AG. Our success has always been based on close and effective cooperation between the Executive and Supervisory Boards, consideration of the interests of shareholders, an open style of corporate communication, proper accounting and audit procedures and a responsible approach to risk. We understand that corporate governance is a continuous process and we will monitor future developments carefully.
Further information about corporate governance
Detailed information about the activities of the Supervisory Board and its committees and about the cooperation between the Supervisory and Executive Boards is given in the Report of the Supervisory Board and on our website (www.linde.com).
Linde AG is obliged to comply with the principle of equal treatment of all shareholders. Transparency plays an important role in our company and we always aim to provide shareholders and the public with comprehensive, consistent and up-to-date information.
In addition to information about corporate governance, we also publish on our website company reports (annual reports, financial statements, interim reports), a financial calendar with details of all important dates and publications, ad-hoc announcements, press releases and directors’ dealings. Information about transactions entered into by the company during fiscal 2004 which were required to be disclosed under § 15a of the German Securities Trading Law and about shareholdings subject to the disclosure requirements of No. 6.6 of the German Corporate Governance Code is given in the Notes to the Group financial statements.