Compliance as an important management task

Deutsche Wohnen AG has appointed a compliance officer to oversee compliance with statutory provisions and with the standards and norms of conduct specified in the German Corporate Governance Code. This officer maintains an insider directory and informs management, employees, and business partners of relevant legal framework conditions as well as the consequences of violations of the rules against insider trading.

The Management Board and the Supervisory Board were informed by the compliance officer of the latest development in corporate governance in the year under review, in particular the new provisions of the German Corporate Governance Code in its version dated 18 June 2009. They have dealt with the implementation of the recommendations by the company in detail. Based on these discussions, the Management Board and the Supervisory Board gave a joint declaration of conformity according to § 161 of the German Stock Corporation Act in June of 2009 and March of 2010 for the year under review. The exact wording can be found on the website of the company under and is also available for download there.


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