DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung

More documents

Recommendations

Info

Chairman of MB Miba AG MB Member Mitterbauer Beteiligungs-Aktiengesellschaft Member Johanna Rachinger Other positions: General Director Oesterreichische Nationalbibliothek Member Bernhard Kainz Other positions: SB Member Berufsförderungsinstitut Wien SB Member Erste Bank der oesterreichischen Sparkassen AG Chairman of the Works Council Erste Bank der oesterreichischen Sparkassen AG Member of the European Works Council Erste Group Bank AG Vice Chairman Gewerkschaft der Privatangestellten, Druck Journalismus, Papier, Wien Councillor of the Chamber (Kammerrat) Arbeiterkammer Wien Member Friedrich Lackner Other positions: SB Member Erste Group Bank AG Chairman of the Board of Directors of the European Works Council Erste Group Bank AG Chairman of the Works Council Erste Group Bank AG The address of the members of the Supervisory Board is Friedrichstraße 10, 1010 Vienna. The Supervisory Board currently consists of eight, and pursuant to the Foundation Statutes, of at least four but at the most ten members. The members of the Supervisory Board are appointed for a limited period of time, but at the maximum for five years by election. The members of the Supervisory Board are elected by general assembly of the Association. The members of the Supervisory Board must be members of the Association except for the member that is delegated from the group of the works council of Erste Group Bank and the member that comes from the group works council of Erste Bank der oesterreichischen Page 62
Sparkassen AG, with the procedure in such case being that the respective works council may propose to the general assembly of the Association a candidate for the election of the works council member in the Supervisory Board. This regulation shall apply also to the works councils of any universal successors of the companies mentioned. Pursuant to the Foundation Statutes and the rules of business, the Supervisory Board shall have the following tasks a) supervision of the Management Board and of the accounting practices of ERSTE Foundation; b) the appointment and recall of members of the foundation's Management Board including proposals for the chairman and the vice chairman of the foundation's Management Board; c) the passing of resolutions on measures requiring approval (see below); d) the approval of the by-laws of the foundation’s Management Board and of the advisory boards; e) representation of the private foundation when conducting legally binding transactions with members of the foundation's Management Board; f) fixing the amount of the remuneration of the members of the foundation’s Management Board; g) appointment of auditors of the foundation for the event that the audit agency of the Sparkassen-Prüfungsverband is no longer the statutory prescribed auditor for the foundation; h) enforcing claims for compensation against members of the foundation's Management Board; i) dealing with the audit reports of the foundation auditors; j) adoption of the audited annual financial statements, approval of the report of the Management Board and resolution on the use of the net profit and release from liability of the members of the foundation's Management Board; k) all other tasks for which the Supervisory Board is responsible under the provisions of the Austrian Private Foundation Act. (2) The Supervisory Board shall have the right to do the following: a) take part in the meeting of the advisory boards; b) convene a meeting of the foundation’s Management Board indicating the items of the agenda; c) inspect the books and other documents of the private foundation at any time and request explanations and reports from the foundation’s Management Board; d) request a special audit by an independent auditor or by the audit agency of Sparkassen- Prüfungsverband and to withdraw the appointment of members of the bodies of the foundation. The management actions and the resolutions listed below require a simple majority of the votes in the Supervisory Board: Page 63
Page 1 and 2:
DIE ERSTE österreichische Spar-Cas
Page 3 and 4:
In this Prospectus, unless otherwis
Page 5 and 6:
SELLING RESTRICTIONS ..............
Page 7 and 8:
DOCUMENTS INCORPORATED BY REFERENCE
Page 9 and 10:
SUMMARY OF THE PROGRAMME This summa
Page 11 and 12: Credit Risk Credit risk is the risk
Page 13 and 14: Business of ERSTE Foundation DIE ER
Page 15 and 16: Risk Factors arising from Erste Gro
Page 17 and 18: RISK FACTORS Prospective investors
Page 19 and 20: implementation of the Issuer's stra
Page 21 and 22: Interest rate fluctuations may adve
Page 23 and 24: of the Notes. A downgrading of the
Page 25 and 26: Noteholders are exposed to the risk
Page 27 and 28: Holders of Fixed Rate Notes are exp
Page 29 and 30: Investors have to rely on the funct
Page 31 and 32: epresented by a global note in bear
Page 33 and 34: exclusive jurisdiction. Consumers w
Page 35 and 36: Terms and Conditions [Title of Note
Page 37 and 38: [insert definition of EURIBOR and E
Page 39 and 40: [in the case of "Actual/365" or "Ac
Page 41 and 42: § 9 Taxation All payments of princ
Page 43 and 44: [In case of early redemption on the
Page 45 and 46: 17. 18. (iii) Partial Redemption: (
Page 47 and 48: General DIE ERSTE ÖSTERREICHISCHE
Page 49 and 50: VolkswagenStiftung 2,457,544,000 (M
Page 51 and 52: The development objective of ERSTE
Page 53 and 54: financial services by other banks d
Page 55 and 56: In the case that funds will be requ
Page 57 and 58: ("AGM") not to pay a dividend for t
Page 59 and 60: Member Boris Marte Other positions:
Page 61: Member Maximilian Hardegg Privatsti
Page 65 and 66: The foundation’s auditor is the a
Page 67 and 68: Other assets 7.132 6.898 Subscribed
Page 69 and 70: Revenue reserves 197,597 203,784 -3
Page 71 and 72: The English translation of the repo
Page 73 and 74: MATERIAL CONTRACTS Since 31 Decembe
Page 75 and 76: the taxation of financial instrumen
Page 77 and 78: Private foundations pursuant to the
Page 79 and 80: CZECH REPUBLIC General Czech tax im
Page 81 and 82: interest paid (with the exception o
Page 83 and 84: LUXEMBOURG The following summary is
Page 85 and 86: Luxembourg income tax on interest a
Page 87 and 88: Capital gains Income from the sale
Page 89 and 90: OFFER AND SUBSCRIPTION The Programm
Page 91 and 92: SELLING RESTRICTIONS This Prospectu
Page 93 and 94: (ii) the published annual report an
Page 95 and 96: LIBOR means the London Inter-bank O
show all

DIE ERSTE österreichische Spar-Casse ... - ERSTE Stiftung

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?