Supervisory Board committees

The following qualified Supervisory Board committees were formed to increase the efficiency of the Board and to deal with complex issues:

Committee for urgent matters (Working Committee)

The Working Committee decides on matters that require Supervisory Board approval but cannot be deferred to the next ordinary Supervisory Board meeting because of special urgency.

Komm.-Rat Dkfm. Klaus Stadler, Chairman
1^st Substitute: Dr. Johann Sereinig
2^nd Substitute: Mag. Alois Hochegger
3^rd Substiute: Mag. Reinhard Ortner

Komm.-Rat Dr. Karl Skyba
1^st Substitute: Dipl.-Ing. Guido Klestil
2^nd Substitute: Hofrat Dkfm. Heinz Öhler
3^rd Substitute: Mag. Reinhard Ortner

Franz Urban
1^st Substitute: Gerd Wiehart
2^nd Substitute: Peter Grimm

Audit committee (Accounting Committee)

The Audit Committee (Accounts Committee) is responsible for the duties assigned under § 92(4a) of the Austrian Stock Corporation Act (AktG), namely:

1. monitoring the accounting process;

2. monitoring the effectiveness of the Company’s internal control system, internal auditing system and risk management system;

3. monitoring the auditing of the financial statements and consolidated financial statements;

4. examination and monitoring of the independence of the auditor of the financial statements (consolidated financial statements), particularly with respect to additional services provided for the audited company;

5. auditing of the annual financial statements and preparations for their approval, examination of the proposed appropriation of profits, management report and corporate governance report, and presentation of a report on the audit findings to the Supervisory Board;

6. auditing of the consolidated financial statements and Group management report, and presentation of a report on the audit findings to the supervisory board of the parent company;

7. preparation of the Supervisory Board proposal for selecting the auditor of the financial statements (consolidated financial statements).

Komm.-Rat Dkfm. Klaus Stadler, Chairman
1^st Substitute: Dr. Johann Sereinig
2^nd Substitute: Mag. Alois Hochegger
3^rd Substitute: Mag. Reinhard Ortner

Komm.-Rat Dr. Karl Skyba
1^st Substitute: Dipl.-Ing. Guido Klestil
2^nd Substitute: Hofrat Dkfm. Heinz Öhler
3^rd Substitue: Mag. Reinhard Ortner

Franz Urban
1st Substitute: Gerd Wiehart
2nd Substitute: Peter Grimm

Committee for Managing Board Matters (Compensation Committee)

The Committee for Managing Board Matters deals with Managing Board personnel matters. The Committee for Managing Board Matters therefore decides on the content of employment contracts with members of the Managing Board and their compensation.

Komm.-Rat Dkfm. Klaus Stadler, Chairman
Komm.-Rat Dr. Karl Skyba

Strategy committee

The Strategy Committee works together with the Managing Board and, if necessary, experts that it consults, to prepare fundamental decisions that must then be decided on by the Supervisory Board as a whole.

Komm.-Rat Dkfm. Klaus Stadler, Chairman
1^st Substitute: Dr. Johann Sereinig
2^nd Substitute: Mag. Alois Hochegger
3^rd Substitute: Mag. Reinhard Ortner

Komm.-Rat Dr. Karl Skyba
1^st Substitute: Dipl.-Ing. Guido Klestil
2^nd Substitute: Hofrat Dkfm. Heinz Öhler
3^rd Substitute: Mag. Reinhard Ortner

Franz Urban
1^st Substitute: Gerd Wiehart
2^nd Substitute: Peter Grimm

The Company concluded no agreements with members of the Supervisory Board in 2009 that would have been required approval from the Supervisory Board.