annual report 2009 - bei der Hamborner REIT AG

to our sHareHolders management report Financial statements supplementary inFormation
In compliance with the requirements of the German Investor Protection Improvement Act,
an insider list is kept at the company, in which all relevant people are included.
The mandates of members of the Managing Board and Supervisory Board are shown in the
notes to the IFRS financial statements on page 100 and the relationships with associated
people are on page 99.
Responsible risk management
The company‘s responsible handling of risks is also part of good Corporate Governance.
Systematic risk management within the framework of our value-oriented company management
ensures that risks are recognised and assessed early and risk positions are optimised.
The company's early risk detection system is also subject to the review of the statutory
auditor. It is continuously enhanced and adjusted to the changing economic conditions.
We refer to the risk report with regard to the details of risk management and the current
risk position.
The statutory auditor Deloitte & Touche
The statutory auditor proposed to the general shareholders' meeting for selection for the
financial year 2009, Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft, Düsseldorf,
submitted the declaration of independence in accordance with Section 7.2.1 of the German
Corporate Governance Code in a letter dated 24 April 2009. It was agreed with the statutory
auditor that the Chairman of the Audit Committee should be immediately informed
regarding grounds for exclusion or lack of impartiality which arise during the audit, in so
far as they are not immediately rectified. Furthermore, it was agreed that the Chairman of
the Supervisory Board and the Chairman of the Audit Committee should be immediately
informed if specific findings or incidents arise in the execution of the audit of financial
statements which could be of significance for the proper discharge of the functions of the
Supervisory Board. This includes the discovery of facts that comprise an inaccuracy in the
declarations on the code submitted by the Managing Board and Supervisory Board.
Remuneration report
The objective of the German Corporate Governance Code is the promotion of confidence
among national and international investors, clients, employees and the general public in
the management and monitoring of quoted companies. To this end, the German Corporate
Governance Code provides for, inter alia, disclosure of the remuneration granted to members
of the Managing Board and members of the Supervisory Board.
The emoluments of the Managing Board and Supervisory Board are orientated to the annual
corporate profit of the company. They are made up of fixed and variable parts. Detailed
explanations on the remuneration system and on the remuneration of the Managing Board
and Supervisory Board can be found in the management report on page 58 et seq. The
statements quoted there are part of the Corporate Governance report.
annual report 2009 | Hamborner reit ag 21