STATEMENT ON CORPORATE GOVERNANCE IN ACCORDANCE WITH SEC. 289f AND SEC. 315d GERMAN COMMERCIAL CODE (HGB)
The corporate governance of LUDWIG BECK AG, a public company listed on the German stock exchange, and of LUDWIG BECK Group (hereinafter collectively referred to as "LUDWIG BECK") is primarily governed by the German Stock Corporation Act (AktG), other legal provisions, and, in addition, the rules set forth in the German Corporate Governance Code in its current version.