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Corporate Governance

KUKA AG operates in accordance with the principles of the German Corporate Governance Code and the Transparency and Disclosure Act in order to ensure effective corporate management. 


Corporate Governance Statement pursuant to Section 289 f (4) HGB

Information on targets for the proportion of women in management positions and information on compliance with the statutory gender quota on Supervisory Boards

Corporations subject to co-determination are required to set and publish targets for the proportion of women in management positions and deadlines for achieving the targets.

As a stock corporation subject to co-determination, KUKA Aktiengesellschaft publishes the following declaration in accordance with Section 289 f (4) of the German Commercial Code (HGB):

Pursuant to Section 76 (4) of the German Stock Corporation Act (AktG), the Management Board has determined the deadline for achieving the target figures for the proportion of women in the two management levels below the Management Board to be March 31, 2027 ("achievement period"). It has set the target for the proportion of women at 25% for the first management level below the Management Board and also at 25% for the second management level below the Management Board. As of December 31, 2022, the proportion of women in the first management level is 24% and in the second management level 23%. In the reporting year, the targets set for the proportion of women at the first and second management levels below the Management Board were not achieved. The Management Board remains committed to achieving the target figure by March 31, 2027.

In accordance with section 111 (5) of the German Stock Corporation Act (AktG), the Supervisory Board has set a target of 0% for the proportion of women on the Management Board and an achievement period until June 30, 2024. The reason for setting the target of 0% is that the Service Contracts of the members of the Management Board Peter Mohnen and Alexander Tan still had a longer term at the time of the decision. In addition, the Management Board of KUKA Aktiengesellschaft consists of two persons; there are no plans to expand the Management Board.

No determination had to be made for the Supervisory Board because the statutory quota pursuant to § 96 (2) AktG already applies to it (§ 111 (5) sentence 5 AktG), i.e. the Supervisory Board must be composed of at least 30% women and at least 30% men. The Supervisory Board has met this quota since the Financial Year 2017.