The Supervisory Board and Group management set great store by good corporate governance. The Charles Vögele Group is very conscious of its economic, environmental and social responsibility and constantly endeavours to meet the expectations of its various interest groups and thus achieve or restore the balance between shareholders, investors, employees, customers, business associates and the general public. A high level of transparency helps to increase confidence in the company and its leadership. Charles Vögele Holding AG is organized on the basis of Swiss law. More information can be found in the articles of accociation of Charles Vögele Hodling AG and in the Corporate Governance part of the annual report.