Corporate Governance

S IMMO commits to the Austrian Code of Corporate Governance 

The Austrian Code of Corporate Governance (ACCG) contains principles relating to transparency and sound corporate management. S IMMO AG has been committed to the ACCG since 2007. The Management Board has aligned its corporate management with the principles of the ACCG and declares compliance with and adherence to the C rules in conjunction with the Supervisory Board. By doing this, we aim to strengthen investor confidence in us and our real estate share.

Management Board and Supervisory Board

The Management Board of S IMMO AG has three members, and the Supervisory Board has eleven. The activities of the Management Board and Supervisory Board as well as collaboration between the two bodies are performed on the basis of legislation, the Articles of Association and the rules of procedure. In addition, the Supervisory Board has set up four committees.

 

Corporate Governance declaration regarding the candidates proposed by the supervisory board for election to the supervisory board at the at the 32nd Annual General Meeting of S IMMO AG taking place on 14 October 2021

 

Supervisory Board Committees

Audit Committee

Functions (selection)

  • Monitoring the accounting and reporting process
  • Monitoring the work of auditors
  • Monitoring the effectiveness of the Internal Control System
  • Monitoring the risk management system
  • Monitoring the process of auditing the group's financial statements

Members

  • Manfred Rapf (Chairman)
  • Dr Ewald Aschauer (Deputy Chairman)
  • Christian Böhm (Member of the Executive Board)
  • John Nacos
  • Holger Schmidtmayr, MRICS


Nomination and Remuneration Committee

Functions (selection)

  • Negotiation of contracts with the members of the Management Board
  • Remuneration policy of the Management Board and the Supervisory Board
  • Proposals for filling vacancies on the Management Board and Supervisory Board

Members

  • Dr Karin Rest, EMBA (Chairwoman)
  • Christian Hager (Deputy Chairman)
  • Manfred Rapf
  • Andreas Feuerstein


Strategy Committee

Functions (selection)

  • Preparation and evaluation of general business policy decisions
  • Preparation and evaluation of decisions of the Supervisory Board

Members

  • Dr Karin Rest, EMBA (Chairwoman)
  • Christian Hager (Deputy Chairman)
  • Florian Beckermann, LL.M.
  • Hanna Bomba
  • Elisabeth Wagerer


ESG Committee

Functions (selection)

  • Review and monitoring of the strategy with regard to the social, economic and ecological responsibility of the company

Members

  • Dr Karin Rest, EMBA (Chairwoman)
  • Hanna Bomba (Deputy Chairwoman)
  • Elisabeth Wagerer
     

Managers' transactions

Managers' transactions or directors' dealings refer to the proprietary trading of Management Board and Supervisory Board members and related parties. Since 2007, the following purchases and sales of S IMMO securities were made:

Director's Dealings 2021

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Herwig Teufelsdorfer 1) 500 units S IMMO share (AT0000652250) 29 November 2021 19.46
Herwig Teufelsdorfer 1) 500 units S IMMO share (AT0000652250) 30 November 2021 19.56
John Nacos 2) 7,937,190 units S IMMO share (AT0000652250) 02.12.2021 20.75

Director's Dealings 2020

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 07 January 2020 22.10
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 02 March 2020 25.10
Wilhelm Rasinger 2) 300 units S IMMO share (AT0000652250) 19 March 2020 13.60
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 19 March 2020 13.28
Wilhelm Rasinger 2) 300 units S IMMO share (AT0000652250) 23 March 2020 14.40
Wilhelm Rasinger 2) 451 units S IMMO share (AT0000652250) 03 April 2020 16.20
Wilhelm Rasinger 2) 4,549 units S IMMO share (AT0000652250) 15 April 2020 16.10
Francisca Amilivia Elorza 3) 1,247 units S IMMO share (AT0000652250) 10 June 2020 16.10
Francisca Amilivia Elorza 3) 3,753 units S IMMO share (AT0000652250) 11 June 2020 15.86
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 03 September 2020 15.00
Andrea Besenhofer 2) 1.330 units S IMMO share (AT0000652250) 10 September 2020 15.06
Friedrich Wachernig 1) 2,000 units S IMMO share (AT0000652250) 02 October 2020 13.96
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 02 October 2020 13.88
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 14 October 2020 15.18

Directors' Dealings 2019

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 04 April 2019 18.43
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 09 April 2019 18.10
Ernst Vejdovszky 1) 2,000 units S IMMO share (AT0000652250) 24 April 2019 19.50
Wilhelm Rasinger 2) 2,000 units S IMMO share (AT0000652250) 17 June 2019 19.66
Friedrich Wachernig 1) 3,000 units S IMMO share (AT0000652250) 17 June 2019 19.56
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 08 July 2019 19.36
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 25 July 2019 19.80
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 13 August 2019 19.10
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 03 September 2019 19.70
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 16 September 2019 19.80
Wilhelm Rasinger 2) 2,000 units S IMMO share (AT0000652250) 18 September 2019 19.50
Wilhelm Rasinger 2) 500 units S IMMO share (AT0000652250) 02 December 2019 22.50
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 03 December 2019 22.30
Wilhelm Rasinger 2) 2,000 units S IMMO share (AT0000652250) 09 December 2019 22.10

Directors' Dealings 2018

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Franz Kerber 2) EUR 20,000 S IMMO bond (AT0000A1Z9D9) 06 February 2018 99.718%
Elisabeth Kerber 2) EUR 20,000 S IMMO bond (AT0000A1Z9D9) 06 February 2018 99.718%
Wilhelm Rasinger 2) 4,000 units S IMMO share (AT0000652250) 06 February 2018 14.20
Wilhelm Rasinger 2) 4,000 units S IMMO share (AT0000652250) 14 February 2018 14.06
Wilhelm Rasinger 2) 983 units S IMMO share (AT0000652250) 29 November 2018 15.60
Wilhelm Rasinger 2) 2,017 units S IMMO share (AT0000652250) 30 November 2018 15.402
This notification concerns a person which maintains a relationship with another person which performs management functions: Mr. Manfred Rapf is member of the Management Board of Sparkassen Versicherung AG Vienna Insurance Group as well as member of the Supervisory Board of S IMMO AG. 3) 6,838,596 units S IMMO share(AT0000652250) 09 April 2018 16.14

Directors' Dealings 2017

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 06 April 2017 11.50
Wilhelm Rasinger 2) 3,706 units S IMMO share (AT0000652250) 24 July 2017 12.44
Wilhelm Rasinger 2) 70 units S IMMO share (AT0000652250) 25 July 2017 12.34
Christian Hager 2) 1,950 units S IMMO share (AT0000652250) 12 October 2017 15.60

Directors' Dealings 2016

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 1,500 units S IMMO share (AT0000652250) 04 January 2016 8.00
Wilhelm Rasinger 2) 907 units S IMMO share (AT0000652250) 15 January 2016 7.88
Wilhelm Rasinger 2) 593 units S IMMO share (AT0000652250) 18 January 2016 7.81
Francisca Amilivia 3) 1,000 units S IMMO share (AT0000652250) 25 January 2016 7.45
Wilhelm Rasinger 2) 2,000 units S IMMO share (AT0000652250) 24 June 2016 8.48
Ralf Zeitlberger 2) 2,000 units S IMMO share (AT0000652250) 26 August 2016 8.79

Directors' Dealings 2015

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ralf Zeitlberger 2) 2,000 units S IMMO share (AT0000652250) 31 August 2015 7.646

Directors' Dealings 2014

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 6,000 units S IMMO share (AT0000652250) 03 January 2014 5.24
Francisca Amilivia-Elorza 3) 4,000 units S IMMO share (AT0000652250) 03 January 2014 5.25

Directors' Dealings 2013

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 2,863 units S IMMO share (AT0000652250) 10 September 2013 4.58
Ernst Vejdovszky 1) 137 units S IMMO share (AT0000652250) 12 September 2013 4.58
Wilhelm Rasinger 2) 3,000 units S IMMO share (AT0000652250) 19 December 2013 5.28

Directors' Dealings 2012

There were no Directors' Dealings in 2012.

Directors' Dealings 2011

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 2,000 units S IMMO share (AT0000652250) 30 August 2011 3.88

Directors' Dealings 2010

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Petra Hager 3) 1,587 units S IMMO INVEST participating certificate (AT0000795737) 06 December 2010 72.3280
Petra Hager 3) 1,063 units S IMMO INVEST participating certificate (AT0000795737) 13 December 2010 71.4250
Petra Hager 3) 2,500 units S IMMO INVEST participating certificate (AT0000795737) 20 December 2010 70.63

Directors' Dealings 2009

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 5,000 units S IMMO share (AT0000652250) 30 January 2009 2.00
Ernst Vejdovszky 1) 300 units S IMMO INVEST participating certificate (AT0000795737) 30 January 2009 44.5
Peter Nemschak 2) 1,500 units S IMMO share (AT0000652250) 01 September 2009 4.85
Peter Nemschak 2) 750 units S IMMO share (AT0000652250) 10 September 2009 5.43

Directors' Dealings 2008

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 8,000 units S IMMO share (AT0000652250) 24 November 2008 2.35
Holger Schmidtmayr 1) 20,000 units S IMMO share (AT0000652250) 19 December 2008 1.72

Directors' Dealings 2007

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Holger Schmidtmayr 1) 1,007 units S IMMO share (AT0000652250) 26 June 2007 9.89
Martin Simhandl 2) 1,578 units S IMMO share (AT0000652250) 07 August 2007 9.47
Maria Simhandl 3) 1,575 units S IMMO share (AT0000652250) 07 August 2007 9.47
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 29 August 2007 8.55
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 12 November 2007 7.72
Ernst Vejdovszky 1) 250 units S IMMO INVEST participating certificate (AT0000795737) 12 November 2007 96.00

1) Management Board

2) Supervisory Board

3) Person with close relationship to member of the management

Articles of Association

The Articles of Association of S IMMO AG contain information on the purpose of the company, the share capital, the two bodies of the company (Management Board and Supervisory Board), the general meeting, the annual financial statements, the discharge and the distribution of profits.

S IMMO AG’s current Articles of Association (German)

Auditor

At the 32nd Annual General Meeting on 14 October 2021, KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft was appointed as the auditor of the annual and consolidated financial statements for the 2021 financial year.

Important links

Corporate Governance Report 2020

Older Corporate Governance Reports

Corporate Governance Code

Articles of Association (German)