As a leading global producer of safety-critical information and communication systems, integrity and corporate governance are vital for our business success. Fairness and transparency with regard to our shareholders, business partners, customers, staff and the general public are the essential basis for the Frequentis Group's operations.
Frequentis’ success is based on long-term partnership with customers in the area of safety-critical information and communication systems. Integrity, a safety-critical mindset and corporate governance are therefore key elements in the success of the Frequentis Group. Trust, fairness and transparency for investors, staff and the general public and accountable management of the company with a view to sustainable, long-term value creation are vital for Frequentis’ business operations. In keeping with this, Frequentis AG supports the Austrian Code of Corporate Governance, which aims to strengthen the confidence of national and international investors in the Austrian capital market by increasing transparency and establishing uniform principles of good corporate management.
Since its shares have been listed on the prime market on the Vienna Stock Exchange, Frequentis AG has been committed to complying with the requirements of the Austrian Code of Corporate Governance (version dated January 2018). The company meets almost all of its requirements. You can find an overview of the deviations from the Code's “C rules”, together with explanations, in the company's Corporate Governance Declaration.
- Norbert Haslacher joined Frequentis’ Executive Board in April 2015. In the first three years he was responsible for sales & marketing. During this time, he focused on extending Frequentis’ presence in international markets. He became Chairman of the Executive Board in mid-April 2018.
- Sylvia Bardach has been in charge of the Finance and Controlling department at Frequentis since 1989 and plays a key role in the company’s dynamic growth. She has been a member of the Executive Board since 2000. Sylvia Bardach is responsible for the tax and legal framework and the ongoing growth and profitability of the Frequentis Group.
- Hermann Mattanovich has been a member of the Executive Board at Frequentis since January 2009. He is responsible for technology issues and strengthens the core competences that are the key features of an international high-tech company: technical expertise and innovation.
The Supervisory Board of Frequentis AG currently comprises four representatives of the shareholders and two employee representatives delegated by the Workers’ Council.
The owner of share no. 1 is entitled to delegate one third of the maximum number of shareholder representatives set out in the articles of association (six shareholder representatives) to the company’s Supervisory Board.
Managers' transactions / Directors' Dealings
Transactions with shares or debt instruments of the company or related derivatives respectively financial instruments carried out by members of the Management Board or the Supervisory Board are published in accordance with Article 19 of the Market Abuse Regulation: http://issuerinfo.oekb.at/startpage.html
Major holdings notifications
General Meetings of Frequentis AG are held at the company's registered office. Frequentis AG will hold its Extraordinary General Meeting in Vienna on 20 September 2019. General Meetings are convened by a public announcement, taking into account the statutory notification period. In order to attend General Meetings, shareholders must submit a deposit receipt. For further details, please see the notice convening the meeting. General Meetings pass resolutions on matters such as the distribution of the profit, elect the members of the Supervisory Board and the auditors, and set the remuneration of the Supervisory Board. All information on General Meetings will be published here.
Articles of association
Here you can download the articles of association (as at 2019-05-08) as a pdf.