One share – one vote
Vienna Insurance Group shares are listed on the Vienna and Prague Stock Exchanges. There are a total of 105 million voting ordinary shares. All shareholders receive equal treatment in a uniform capital structure according to the principle of “one share – one vote”. Wiener Städtische Wechselseitige Versicherungsanstalt-Vermögensverwaltung is the Vienna Insurance Group’s principal shareholder, holding approximately 70% of its shares. The remaining 30% of the shares are free float. Since the Annual General Meeting in May 2006, an independent proxy from the Austrian shareholder association Interessenverband für Anleger (IVA) has assisted shareholders who are unable to personally attend the Annual General Meeting to exercise their voting rights.
Detailed information on the Group is publicly available on the Vienna Insurance Group website, providing shareholders and potential investors quick and easy access to the current financial calendar, additional information on the Supervisory Board, regular presentations of results or details of the Annual General Meeting.
Compliance
A compliance officer has been monitoring adherence to internal corporate compliance directives intended toprevent market abuses in Wiener Städtische since 2002. This officer reports directly to the Managing Board of WIENER STÄDTISCHE Versicherung AG VIENNA INSURANCE GROUP.
Employees may view the compliance guidelines online on the intranet. Departments of the Vienna Insurance Group with access to insider information have been defined to be confidential areas. All of the employees in these areas are informed in writing of the legal requirements and the possible consequences of abuse. By signing, they undertake to comply with the regulations and are included in the list of insiders. The compliance officer reminds employees in confidential areas about applicable black-out periods in timely fashion by email before results are published. There have been no violations of applicable compliance directives within Wiener Städtische in the past two years.
Directors’ Dealings
In accordance with Rule 70 of the Austrian Code of Corporate Governance, share trades by Wiener Städtische executives are published on the company’s website by means of a link to the website of the Financial Market Authority.
