Diversity policy and reporting

When selecting new members of the Management Board or other key management positions, we aim to appoint the most suitable person. In this, we consider the balance between relevant experience, theoretical background, gender and age.

Throughout 2025 and as at December year-end, the Management Board consisted of four members: two men and two women. In March 2026, one female member was replaced by a male member due to her absence.

Key management is defined as other formal registered directors within the Group. Our key management team consists of ten persons, eight males and two females, all with permanent employment contracts.

The target is to increase the number of females to at least one third by adding another female once a position becomes available and a suitable candidate is found. As no position became available during 2025 the target has not yet been met.