Chairman of the Supervisory Board:
Deputy Chairwoman of the Supervisory Board:
Member of the Supervisory Board:
Focus of activities of the Supervisory Board
The Supervisory Board was regularly apprised of the course of business and the Group's situation during the fiscal year 2012 and provided oversight for the Executive Board's leadership of the company. We have assured ourselves of the legitimacy, expediency and compliance of all business events. The basis of the information and oversight activities of the Supervisory Board rested on regular and extensive written and verbal reports by the Executive Board and other employees as well as by auditors and consultants. The Executive Board informed the Supervisory Board in writing on a monthly basis about the current course of business of the individual segments and their respective market environments. The Supervisory Board was notified about important projects and measures by means of current status reports amongst others. Since the issue of the corporate bond the Executive Board regularly lays out the use of these proceeds.
The Chairman of the Supervisory Board also regularly met with the Executive Board for numerous individual discussions held in addition to the official meetings to review the status and further development of the company. At all times, the other members of the Supervisory Board were informed about these meeting thereafter. Due to the close coordination and open cooperation with the Executive Board, the Supervisory Board had detailed knowledge about all important business events and trends at the SINGULUS TECHNOLOGIES Group at all times. Accordingly, the Board was able to discuss the corporate planning and strategy in-depth in its meetings with the Executive Board and advise it accordingly.