Corporate Governance Report and Declaration on Corporate Management

Corporate governance is an important part of a company’s success, responsible corporate management and supervision. Wacker Chemie AG attaches great importance to the rules of proper corporate governance. In this report, the Executive Board provides details – also for the Supervisory Board – on corporate governance in accordance with Item 3.10 of the German Corporate Governance Code (Code) and Section 289a (1) of the German Commercial Code (HGB).

Declaration of Conformity and Corporate Governance Reporting

In the 2014 fiscal year, the Executive and Supervisory Boards dealt intensively with the company’s corporate governance and the recommendations of the Code published on June 24, 2014. The Executive Board and the Supervisory Board resolved in December 2014 to issue the following Declaration of Conformity as per Section 161 of the German Stock Corporation Act (AktG). The Declaration of Conformity has since been made permanently available to the general public on the company’s website.

The 2014 Declaration of Conformity Issued by Wacker Chemie AG’s Executive and Supervisory Boards

Corporate Governance Reporting

Key Corporate Management Practices

Further Information on Corporate Governance at WACKER

Targets for Supervisory Board Composition