The Managing Board and the Supervisory Board have reported as follows pursuant to Section 3.10 of the German Corporate Governance Code on corporate governance at HUGO BOSS:
Corporate governance has always counted highly at HUGO BOSS AG. The Managing and Supervisory Boards consider it their obligation to ensure the ongoing existence of the Company and the creation of sustained value added through responsible long-term corporate governance.
We are convinced that good and transparent corporate governance in compliance with national and international standards is a significant factor contributing to the Company’s long-term success. Corporate governance is accordingly part of the Group’s identity and comprises all areas of the Company and the Group. HUGO BOSS wants to justify the confidence of investors, financial markets, business partners, employees and the public on a lasting basis and continues to develop corporate governance within the Group.
In 2015, HUGO BOSS AG continued to follow recognized standards for good, responsible corporate governance. In fiscal year 2015, the Managing Board and Supervisory Board closely examined compliance with the requirements of the German Corporate Governance Code (GCGC). Apart from few exceptions, HUGO BOSS AG complies with the recommendations of the Code as amended June 24, 2014 and, since its entering into effect, as amended on May 5, 2015, published in the Bundesanzeiger [German Federal Gazette] on June 12, 2015.
HUGO BOSS AG
Phone: +49 7123 94-0
Fax: +49 7123 94-80259