As a global enterprise, Wincor Nixdorf ensures that both the parent company and the Group’s subsidiaries comply with legislation and internal corporate guidelines. To this end, Wincor Nixdorf constantly strives to expand and develop its worldwide Compliance Program.
Wincor Nixdorf has established a Group-wide compliance organization. The role of the Chief Compliance Officer is to coordinate the work of this organization with the support of local compliance officers at the respective subsidiaries. The Chief Compliance Officer reports back to the Board of Directors, the Compliance Committee and the Supervisory Board’s Audit Committee.
One of the main aims of the Compliance Program is to avoid incorrect actions through an emphasis on prevention. This is achieved, for example, by providing regular information to all staff, such as through newsletters.
Another important element of the program, in addition to our internal Code of Conduct, is a newly implemented Supplier Code of Conduct.
Based primarily on the Code of Conduct, regular web-based training is held across the Group in order to familiarize management and staff with the contents of the Compliance Program and build a solid preventive approach into our activities. At the same time, we run a number of on-site training courses throughout the world.
We have adopted an Insider Dealing Directive that is aimed at preventing insider dealing by Company employees. The employees and Board members named on the Insider List are prohibited from undertaking transactions in Wincor Nixdorf shares or related financial instruments during certain blocking periods, prior and subsequent to the publication of quarterly and annual results.
The Board of Directors and the Supervisory Board hold, either directly or indirectly, shares or options in Wincor Nixdorf AG equivalent to more than 1% of subscribed capital. Together, the four members of the Board of Directors hold 1.49% and the members of the Supervisory Board 0.26% of subscribed capital.
Details of Directors’ Dealings pursuant to Section 15a of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) can be downloaded from the Company’s website, Investor Relations section.
A list of all third-party entities in which Wincor Nixdorf AG holds an interest deemed to be not of minor significance has been included in the annual financial statements of Wincor Nixdorf AG. The annual financial statements of Wincor Nixdorf AG are published, among other places, on the corporate website.
At Wincor Nixdorf, we firmly believe that compliance with the law and our own internal regulations is essential to maintaining the good name of the organization and to establishing a basis for the sustained creation of value.
