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href="/h/en-sg/distributor-and-sales" title="" target="_blank" rel="noopener">Sales contacts & distributors</a></li> <li><a class="more" href="/cms/en-sg/products/applications/biotech/biotech-home/biotech-home.html">Contract manufacturing (Wacker Biotech)</a></li> <li><a class="more" href="/h/en-sg/search/media" title="" target="_blank" rel="noopener">Digital Brochures</a></li> <li><a class="more" href="/cms/en-sg/products/tradeshows/overview.html">Tradeshow calendar</a></li> <li><a class="more" href="/cms/en-sg/about-wacker/corporate-strategy-and-policy-guidelines/ims/certifications.html">Certificates</a></li> </ul> <div class="teaser"> <img class="img-responsive lazyload" src="/cms/media/global/wr_responsive/wr_img/wr_layout/clear.gif" data-src="/cms/media/asset/navigations_bilder/product_search_wr_cc_r_3_2_960x640.jpg" data-medium="/cms/media/asset/navigations_bilder/product_search_wr_cc_r_3_2_768x512.jpg" data-small="/cms/media/asset/navigations_bilder/product_search_wr_cc_r_3_2_480x320.jpg" alt="" width="360" height="202" /> <h3>Product finder</h3> <div class="content"> <p> Discover WACKER’s product world or use our product finder to find the right product for you. </p> <a title="" href="/cms/en-sg/products/products-home.html" class="btn btn-default"> Find products </a> </div> </div> </div>  <div id="NavTarget-489492" class="menu-area third-level" data-wte-component="Third Layer"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489492">WACKER ACADEMY</a></li> <li><a href="/cms/en-sg/products/wacker-academy/overview/wacker-academy.html" class="link">Overview</a></li> <li><a href="/cms/en-sg/products/wacker-academy/china/overview.html" class="link">China</a></li> <li><a href="/cms/en-sg/products/wacker-academy/europe/overview.html" class="link">Europe</a></li> <li><a href="/cms/en-sg/products/wacker-academy/india/overview.html" class="link">India</a></li> <li><a href="/cms/en-sg/products/wacker-academy/japan/overview.html" class="link">Japan</a></li> <li><a href="/cms/en-sg/products/wacker-academy/middle-east-and-africa/overview.html" class="link">Middle East & Africa</a></li> <li><a href="/cms/en-sg/products/wacker-academy/south-america/overview.html" class="link">South America</a></li> <li><a href="/cms/en-sg/products/wacker-academy/south-korea/overview.html" class="link">South Korea</a></li> <li><a href="/cms/en-sg/products/wacker-academy/southeast-asia/overview.html" class="link">Southeast Asia</a></li> <li><a href="/cms/en-sg/products/wacker-academy/usa/overview.html" class="link">USA</a></li> <li><a href="/cms/en-sg/products/wacker-academy/central-america-and-northern-south-america/overview.html" class="link">Central America & northern South America</a></li> </ul> </div>  </div> </div> <div id="NavTarget-489404" class="overlay">  <div class="overlay-content main-navigation" data-wte-component="Second Layer"> <div class="menu-area"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489404">Sustainability</a></li> <li><a href="/cms/en-sg/sustainability/sustainability.html" class="single-level">Overview Sustainability</a></li> <li> <a href="/cms/en-sg/sustainability/sustainability-strategy/detail.html" class="single-level">Sustainability Strategy & Goals </a> </li> <li> <a href="/cms/en-sg/sustainability/human-rights/detail.html" class="single-level">Human Rights</a> </li> <li> <a href="/cms/en-sg/sustainability/energy-climate/detail.html" class="single-level">Energy & Climate</a> </li> <li> <a href="/cms/en-sg/sustainability/supply-chain-management/detail.html" class="single-level">Supply Chain</a> </li> <li> <a href="/cms/en-sg/sustainability/sustainable-products/detail.html" class="single-level">Sustainable Products</a> </li> <li> <a href="/cms/en-sg/sustainability/social-responsibility/detail.html" class="single-level">Social Responsibility</a> </li> <li> <a href="/cms/en-sg/sustainability/production/detail.html" class="single-level">Production</a> </li> <li> <a href="#" onclick="openNav(this)" data-target="NavTarget-499773">News & Stories</a> </li> </ul> </div> <div class="teaser-area" data-wte-component="Teaser"> <h3></h3> <ul class="link-list"> </ul> <div class="teaser"> <img class="img-responsive lazyload" src="/cms/media/global/wr_responsive/wr_img/wr_layout/clear.gif" data-src="/cms/media/asset/005_home/wac_megacity_2880x1440_wr_cc_r_3_2_960x640.jpg" data-medium="/cms/media/asset/005_home/wac_megacity_2880x1440_wr_cc_r_3_2_768x512.jpg" data-small="/cms/media/asset/005_home/wac_megacity_2880x1440_wr_cc_r_3_2_480x320.jpg" alt="" width="360" height="202" /> <h3>WACKER City</h3> <div class="content"> <p> Visit our WACKER City and set off on an exciting journey of discovery. Our products can be found in solar modules, cars and building materials, not to mention a great many everyday objects and consumer goods. Take a stroll through the multifaceted world of WACKER’s sustainable solutions. </p> <a title="" href="/cms/en-sg/sustainability/sustainable-products/detail.html" class="btn btn-default"> Set off on a journey of discovery </a> </div> </div> </div>  <div id="NavTarget-499773" class="menu-area third-level" data-wte-component="Third Layer"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-499773">News & Stories</a></li> <li><a href="/cms/en-sg/sustainability/sustainability-news/overview/overview.html" class="link">Sustainability News</a></li> <li><a href="/cms/en-sg/sustainability/sustainability-news/success-story-solar-modules-in-dubai/detail.html" class="link">Solar Modules in Dubai – A Success Story</a></li> <li><a href="/cms/en-sg/sustainability/sustainability-news/success-story-steam-savings-in-burghausen/detail.html" class="link">Steam Savings in Burghausen – A Success Story</a></li> <li><a href="/cms/en-sg/sustainability/sustainability-news/success-story-drone-project-nuenchritz/detail.html" class="link">Drone Project in Nünchritz – A Success Story</a></li> </ul> </div>  </div> </div> <div id="NavTarget-489165" class="overlay">  <div class="overlay-content main-navigation" data-wte-component="Second Layer"> <div class="menu-area"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489165">Careers</a></li> <li><a href="/cms/en-sg/careers/overview.html" class="single-level">Overview Careers</a></li> <li> <a href="#" onclick="openNav(this)" data-target="NavTarget-489460">Working at WACKER</a> </li> <li> <a href="#" onclick="openNav(this)" data-target="NavTarget-489454">Your Start with Us </a> </li> <li> <a href="#" onclick="openNav(this)" data-target="NavTarget-489465">Contacts & FAQ</a> </li> </ul> </div> <div class="teaser-area" data-wte-component="Teaser"> <h3>Quick access</h3> <ul class="link-list"> <li><a class="more" href="https://career5.successfactors.eu/career?career_company=wackerchem&lang=de_de&company=wackerchem&site=&loginFlowRequired=true" title="" target="_blank" rel="noopener">Login for registered applicants</a></li> </ul> <div class="teaser"> <img class="img-responsive lazyload" src="/cms/media/global/wr_responsive/wr_img/wr_layout/clear.gif" data-src="/cms/media/asset/navigations_bilder/employees_inside_production_site_wr_cc_r_3_2_960x640.jpg" data-medium="/cms/media/asset/navigations_bilder/employees_inside_production_site_wr_cc_r_3_2_768x512.jpg" data-small="/cms/media/asset/navigations_bilder/employees_inside_production_site_wr_cc_r_3_2_480x320.jpg" alt="E-recruiting portal" width="360" height="202" /> <h3>E-recruiting portal</h3> <div class="content"> <p> You will find cutting-edge jobs packed with stimulating tasks and challenges in multiple career sectors on WACKER’s e-recruiting portal. </p> <a title="" href="https://jobs.wacker.com/?locale=en_US" class="btn btn-default"> Find jobs </a> </div> </div> </div>  <div id="NavTarget-489460" class="menu-area third-level" data-wte-component="Third Layer"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489460">Working at WACKER</a></li> <li><a href="/cms/en-sg/careers/working-at-wacker/overview/working-at-wacker.html" class="link">Overview</a></li> <li><a href="/cms/en-sg/careers/working-at-wacker/it-jobs-at-wacker/overview.html" class="link">IT</a></li> </ul> </div> <div id="NavTarget-489454" class="menu-area third-level" data-wte-component="Third Layer"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489454">Your Start with Us </a></li> <li><a href="/cms/en-sg/careers/your-start-with-us/overview/your-start-with-us.html" class="link">Overview</a></li> <li><a href="/cms/en-sg/careers/your-start-with-us/entry-level-jobs/detail.html" class="link">Entry-Level Jobs </a></li> <li><a href="/cms/en-sg/careers/your-start-with-us/open-house-days/detail.html" class="link">Open House Days for School Students</a></li> <li><a href="/cms/en-sg/careers/your-start-with-us/internship-and-thesis/detail.html" class="link">Internship & Thesis</a></li> <li><a href="/cms/en-sg/careers/your-start-with-us/management-trainee-program/detail.html" class="link">Trainee Program</a></li> </ul> </div> <div id="NavTarget-489465" class="menu-area third-level" data-wte-component="Third Layer"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489465">Contacts & FAQ</a></li> <li><a href="/cms/en-sg/careers/contacts-faq/contacts/contacts.html" class="link">Contacts</a></li> <li><a href="/cms/en-sg/careers/contacts-faq/faq/detail.html" class="link">FAQs</a></li> </ul> </div>  </div> </div> <div id="NavTarget-489380" class="overlay">  <div class="overlay-content main-navigation" data-wte-component="Second Layer"> <div class="menu-area"> <ul> <li><a 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</li> <li> <a href="/cms/en-sg/investor-relations/ad-hoc-disclosures/overview.html" class="single-level">Ad-Hoc Disclosures</a> </li> <li> <a href="/cms/en-sg/investor-relations/corporate-governance/overview.html" class="single-level">Corporate Governance</a> </li> <li> <a href="/cms/en-sg/investor-relations/contact/detail.html" class="single-level">Contact</a> </li> </ul> </div> <div class="teaser-area" data-wte-component="Teaser"> <h3>Quick access</h3> <ul class="link-list"> <li><a class="more" href="/cms/en-sg/global-contents/contact-overview.html">Contact</a></li> <li><a class="more" href="/cms/en-sg/global-contents/map/map-page.html">Addresses and sites</a></li> <li><a class="more" href="/cms/en-sg/products/products-home.html">Product finder</a></li> <li><a class="more" href="/cms/en-sg/products/insights/insights-home.html">Insights & stories</a></li> <li><a class="more" href="https://jobs.wacker.com/?locale=en_US">Careers portal</a></li> </ul> <div class="teaser"> <img class="img-responsive lazyload" src="/cms/media/global/wr_responsive/wr_img/wr_layout/clear.gif" data-src="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_960x640.jpg" data-medium="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_768x512.jpg" data-small="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_480x320.jpg" alt="Global sites" width="360" height="202" /> <h3>WACKER Global</h3> <div class="content"> <p> WACKER is present in all relevant markets and key economic regions through a global network of production sites, sales offices and distributors. We are always nearby, wherever you are based. So, it is easy to contact one of our experts directly. </p> <a title="" href="/cms/en-sg/about-wacker/wacker-global/overview/wacker-global.html" class="btn btn-default"> More </a> </div> </div> </div>   </div> </div> <div id="NavTarget-489434" class="overlay">  <div class="overlay-content main-navigation" data-wte-component="Second Layer"> <div class="menu-area"> <ul> <li><a href="#" class="close-overlay" onclick="closeNav(this)" data-target="NavTarget-489434">Media</a></li> <li><a href="/cms/en-sg/press-and-media/media.html" class="single-level">Overview Media</a></li> <li> <a href="/cms/en-sg/press-and-media/press/press-releases/overview.html" class="single-level">Press Information</a> </li> <li> <a href="/cms/en-sg/press-and-media/press-photos/overview.html" class="single-level">Press Photos</a> </li> <li> <a href="/cms/en-sg/press-and-media/film-material/all.html" class="single-level">Footage</a> </li> <li> <a href="/cms/en-sg/press-and-media/social-media/detail.html" class="single-level">Social Media</a> </li> <li> <a href="/cms/en-sg/press-and-media/press-contact/contact.html" class="single-level">Press Contact</a> </li> </ul> </div> <div class="teaser-area" data-wte-component="Teaser"> <h3>Quick access</h3> <ul class="link-list"> <li><a class="more" href="/cms/en-sg/global-contents/contact-overview.html">Contact</a></li> <li><a class="more" href="/cms/en-sg/global-contents/map/map-page.html">Addresses and sites</a></li> <li><a class="more" href="/cms/en-sg/products/products-home.html">Product finder</a></li> <li><a class="more" href="/cms/en-sg/products/insights/insights-home.html">Insights & stories</a></li> <li><a class="more" href="https://jobs.wacker.com/?locale=en_US">Careers portal</a></li> </ul> <div class="teaser"> <img class="img-responsive lazyload" src="/cms/media/global/wr_responsive/wr_img/wr_layout/clear.gif" data-src="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_960x640.jpg" data-medium="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_768x512.jpg" data-small="/cms/media/asset/about_wacker/wacker_global/globe_wr_cc_r_3_2_480x320.jpg" alt="Global sites" width="360" height="202" /> <h3>WACKER Global</h3> <div class="content"> <p> WACKER is present in all relevant markets and key economic regions through a global network of production sites, sales offices and distributors. 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So, it is easy to contact one of our experts directly. </p> <a title="" href="/cms/en-sg/about-wacker/wacker-global/overview/wacker-global.html" class="btn btn-default"> More </a> </div> </div> </div>   </div> </div>  </div> </nav> </div> </div> <div class="contentContainer" role="main" id="content" tabindex="-1"> <script type="application/ld+json"> { "@context": "http://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@id": "https://www.wacker.com/cms/en-sg/home/home.html", "name": "Home" } }, { "@type": "ListItem", "position": 2, "item": { "@id": "https://www.wacker.com/cms/en-sg/investor-relations/investor-relations.html", "name": "Investors" } }, { "@type": "ListItem", "position": 3, "item": { "name": "Corporate Governance" } } ] } </script> <div class="breadcrumbWrapper bgWhite"> <div class="breadcrumb"> <div class="container"> <ul> <li> <a href="/cms/en-sg/home/home.html" title="Home"> Home </a> </li> <li> <a href="/cms/en-sg/investor-relations/investor-relations.html" title="Investors"> <span>Investors</span> </a> </li> <li> <span>Corporate Governance</span> </li> </ul> </div> </div> </div> <div class="container"> <wc-cms-prefered-language-link current-language-code="en" available-languages-source="availableLanguageVersions" config-source="internalLanguageLinkConfig"> </wc-cms-prefered-language-link> </div>  <div class="contentGroup"> <section id="text_image_big" class="module_textImageBig contentSlider bgPrimaryPurple cc_noMargin left"> <div class="containerFullwidth"> <div class="slider slick-slider"> <div class="slick-list draggable" aria-live="polite"> <div class="slick-track" role="listbox"> <div class="module_textImageBig_entry item slick-slide ">  <div class="media col-xs-12 col-md-8 lazyload b-loaded replaceBackground"> <picture class="background"> <source class="5k" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_4992x2808.jpg" media="(min-width: 3841px)"> <source class="4k" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_3888x2187.jpg" media="(min-width: 2560px)"> <source class="3k" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_2880x1620.jpg" media="(min-width: 1921px)"> <source class="hd" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_1920x1080.jpg" media="(min-width: 1200px)"> <source class="lg" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_608x342.jpg" media="(min-width: 992px)"> <source class="md" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_960x540.jpg" media="(min-width: 768px)"> <source class="sm" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_768x432.jpg" media="(min-width: 480px)"> <source class="xs" srcset="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_480x270.jpg"> <img class="fitObject lazyload b-loaded" src="/cms/media/asset/about_wacker/investor_relations_2/corporate_governance/grey_globes_wr_cc_r_16_9_1920x1080.jpg" alt="Symbol: round table"> </picture> <img class="fitObject img-responsive" src="/cms/media/asset/bilder_allgemein/clear_16x9.png" alt="clear_16x9"> </div>  <div class="contentWrapper col-xs-12 col-md-4"> <div class="cc_headlineWrapper _no_ show"> <div class="cc_toggle_wrapper"> <h1 class="h_xl">Corporate Governance</h1> </div> <h2 class="h_lg">Wacker Chemie AG’s Corporate Governance at a Glance</h2> </div> <div class="content big _no_"> <p></p> <a class="textlink" textlink href="https://www.dcgk.de/en/code.html" title="German Corporate Governance Code" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> German Corporate Governance Code </a> </div> </div> </div> </div> </div> </div> </div> </section> <section id="text_big" class="module_textBig cc_section headGroup cc_noMargin bgWhite" > <div class="container "> <div class="intro"> <div class="cc_headlineWrapper show noItem lastItem"> <div class="cc_toggle_wrapper"> </div> </div> <div class="content big onlyText"> <p>The term Corporate Governance covers a company’s entire system of management and supervision. This includes: organization, corporate principles, policy guidelines, and internal and external steering and monitoring mechanisms. <br><br>In accordance with the German Stock Corporation Act (AktG, Section 161), Wacker Chemie AG, as a listed company, is obligated to declare the extent to which the code’s recommendations have been and are being complied with, and to declare those recommendations that have not been or are not being applied (“comply or explain”).<br></p> </div> </div> </div> </section> <section id="text_big_1" class="module_textBig cc_section headGroup bgPrimaryBlue" > <div class="container "> <div class="intro"> <div class="cc_headlineWrapper _no_ show lastItem"> <div class="cc_toggle_wrapper"> <h2 class="h_xl">Declaration of Corporate Governance</h2> </div> </div> <div class="content big _no_"> <p></p> <a class="textlink" textlink href="https://reports.wacker.com/2023/annual-report/additional-information/declaration-on-corporate-management.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2023 </a> <a class="textlink" textlink href="https://reports.wacker.com/2022/annual-report/further-information/declaration-on-corporate-management.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2022 </a> <a class="textlink" textlink href="https://reports.wacker.com/2021/annual-report/further-information/declaration-on-corporate-management.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2021 </a> <a class="textlink" textlink href="https://reports.wacker.com/2020/annual-report/further-information/declaration-on-corporate-management.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2020 </a> <a class="textlink" textlink href="https://reports.wacker.com/2019/annual-report/further-information/corporate-governance.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2019 </a> <a class="textlink" textlink href="https://reports.wacker.com/2018/annual-report/further-information/corporate-governance.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2018 </a> <a class="textlink" textlink href="https://reports.wacker.com/2017/annual-report/further-information/corporate-governance.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2017 </a> <a class="textlink" textlink href="http://reports.wacker.com/2016/annual-report/notes/further-information/corporate-governance.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2016 </a> <a class="textlink" textlink href="http://reports.wacker.com/2015/annual-report/notes/further-information/corporate-governance.html" title="" target="_blank" rel="noopener"><span class="icon icon-custom-angle-right"></span> 2015 </a> </div> </div> </div> </section> <section id="text_big_6" class="module_textBig cc_section headGroup bgPrimaryPurple" > <div class="container "> <div class="intro"> <div class="cc_headlineWrapper show noItem lastItem"> <div class="cc_toggle_wrapper"> </div> </div> <div class="content big "> <p></p> <a class="textlink" textlink href="/cms/en-sg/investor-relations/corporate-governance/compensation-system-board-of-directors.html" title="" target="_self"><span class="icon icon-custom-angle-right"></span>Compensation System for the Board of Directors</a> <a class="textlink" textlink href="/cms/en-sg/investor-relations/corporate-governance/compensation-system-supervisory-board.html" title="" target="_self"><span class="icon icon-custom-angle-right"></span>Compensation System for the Supervisory Board</a> </div> </div> </div> </section> <section class="accordion module_accordion cc_section panel-group" id="accordion"> <div id="accordion_accordion" role="tablist" aria-multiselectable="true" > <div 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