Landesbank Berlin Holding

8
Report of the Supervisory Board of Landesbank Berlin Holding AG
Committees of the Supervisory Board
In the past financial year, the work of the Supervisory Board was supported by Accounting, Personnel and
Strategy Committee (APS Committee) formed by members of the Supervisory Board. The APS Committee
dealt with questions of accounting, risk management and compliance as well as personnel matters relating
to the Board of Management in the past financial year. In the period under review, the Accounting, Personnel
and Strategy Committee met four times to prepare resolutions by the Supervisory Board. It prepared the
content of individual agenda items for the respective plenary session – especially the intensive preliminary
consultation on and audit of the annual financial statements – and intensively examined strategic issues and
transactions of particular significance. One resolution was passed by way of circulation. The representatives
of the auditors of the annual financial statements also took part in the meetings on the preliminary consultation
for the accounts.
The Mediation Committee formed in accordance with Article 27 (3) of the Mitbestimmungsgesetz (MitbestG –
German Codetermination Act) of 1976 was not required to meet in the past financial year either.
The Supervisory Board received regular and comprehensive reports on the work of the APS Committee in its
plenary sessions. All members of the APS Committee took part in at least half the meetings.
Corporate Governance
The implementation of the provisions of the German Corporate Governance Code (GCGC) was discussed
by the Supervisory Board in several meetings. In December 2007, the Board of Management and Supervisory
Board issued a new declaration of conformity on account of the amendments to the GCGC of June 2007.
Details of this can be found in the Company’s Corporate Governance Report. As the Supervisory Boards of
LBB Holding AG is largely occupied by the same persons as that of LBB AG, a joint corporate governance
report is issued. There were no conflicts of interest in the Board of Management or the Supervisory Board
in the year under review.
The declaration of conformity of Landesbank Berlin Holding AG has been published on the Company’s
homepage at www.lbb-holding.de.
The Supervisory Board reviewed the efficiency of its own supervisory activities with the help of a questionnaire
tailored specifically to the circumstances of the Supervisory Board of LBB Holding AG and, having
analysed it, discussed suggestions for improvement and passed resolutions accordingly. In cooperation with
the Board of Management, the findings of the efficiency review form the basis for the further optimisation
of the work of the Supervisory Board.
Further information on corporate governance in the Company and a detailed report on the amount and structure
of the remuneration of the Supervisory Board and the Board of Management can be found on pages 11 ff.
and 48 ff. of this Annual Report.