Wincor Nixdorf operates on an international scale and is aware of its responsibility to conduct business in a way that respects legal, social and ethical standards. It is our conviction that in observing the law and internal stipulations, we are protecting the Company’s good name and laying the foundation for the sustainable and shared creation of value. To this end, Wincor Nixdorf constantly endeavors to expand and develop its global compliance program.
Working together at Group level, the Chief Compliance Officer and a Compliance Steering Committee drawn from different areas of the Company promote coordination between local compliance officers at our individual subsidiaries around the world and drive forward our most important compliance activities.
Our compliance program contains a number of far-reaching measures that aim to make all staff aware of the issues involved, and in doing so, help safeguard the Company’s integrity.
During the reporting period, the measures implemented under our existing compliance program included further expanding our prevention work to ensure the effectiveness of the program.
Our Code of Conduct lies at the heart of the Company’s wide-ranging compliance program: it plays an integral role in ensuring the dissemination and implementation of this program. Throughout the Group, we hold regular web-based training courses centered around the Code of Conduct in order to familiarize managerial and other staff with the compliance program and thus provide a solid foundation for our prevention work. As an additional measure, we run attended training sessions at locations throughout the world.
We have now intensified our dialog with staff by means of the newly established “Compliance Portal” on the Wincor Nixdorf intranet.
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.
In accordance with the recommendations of the German Corporate Governance Code, the Audit Committee of Wincor Nixdorf AG monitors the development and results of the compliance program.
It is clear from all these measures that we give a high priority to the issue of compliance. In doing so, we are promoting a corporate culture in which our business activities are firmly rooted in compliance with all the laws that concern us, thus helping to ensure our success and our ability to compete and, in turn, protecting our reputation.
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 the Company’s share capital. Together, the members of the Board of Directors hold 1.53% and the members of the Supervisory Board 0.26% of the Company’s share 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.
