Governance Structure

Structure

TIE Kinetix has a two-tier board structure. TIE Kinetix is managed by an Executive Board, which is supervised and advised by a Supervisory Board. The two boards are accountable to the General Meeting of Shareholders.

TIE Kinetix is a public limited company, incorporated under Dutch law in 1987. TIE Kinetix's shares are listed on NYSE Euronext Amsterdam. TIE is required to comply with (inter alia) Dutch law and Dutch corporate governance rules.

Corporate Governance Code

In the Annual Report, TIE Kinetix's overall corporate governance structure is explained and it is indicated to what extent the provisions of the Dutch Corporate Governance Code (the ‘Code’) are applied. The Code can be found on the website of the Dutch corporate governance committee.

The Executive Board and the Supervisory Board are responsible for the corporate governance structure of the Company and are of the opinion that all of the principles of the Code are endorsed and the vast majority of the best practice provisions are applied. Any best practice provisions of the Code that are not or not fully applied and the reasons for these deviations are set out in the annual report.

Insider Trading Regulations

Members of the Supervisory Board, the Executive Board, and all employees with regular access to confidential information are bound by the Insider Knowledge Regulations 2011, which containing rules for dealing with price-sensitive information and for transactions in securities of listed companies.

In line with the legal requirements the share transactions of the members of the Executive Board, the Supervisory Board and the management team of TIE are notified to the Autoriteit Financiële Markten (AFM). This information can be consulted at www.afm.nl.

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