Targets for the composition of the Supervisory Board

In December 2010, the Supervisory Board determined specific goals with regard to its composition:

Nominations put forward by the Supervisory Board for the election of Supervisory Board members at the AGM should focus solely on the good of the company. In this context, the Supervisory Board is aiming to increase the proportion of women on the full Supervisory Board from the current 25% to 30% by 2015.

The present composition of the Supervisory Board already adequately reflects the company’s international operations. The Supervisory Board aims to maintain this and to continue to consider candidates in future nominations at the AGM who, by virtue of their background, education or profession, possess special international knowledge and experience.

Conflicts of interest amongst members of the Supervisory Board stand in the way of the independent and effective guidance and supervision of the Board of Management. The Supervisory Board decides in each individual case, within the scope of the law and in accordance with the German Corporate Governance Code, how to deal with potential or arising conflicts of interest.

In accordance with the age limit decided by the Supervisory Board and anchored in its rules of procedure, nominations for the election of Supervisory Board members will take into account the fact that the term of office is intended to end, at the latest, at the close of the duly convened AGM following the member’s 72nd birthday.

The current composition of the Supervisory Board meets the abovementioned targets. Prof. Dr-Ing. Katja Windt, who was elected by the 2011 AGM, is an established logisitcs specialist and has an excellent reputation, also in other industries. Her election brought the proportion of women on the Supervisory Board to 30%. The company’s international operations are adequately taken into account. Swiss-born Thomas Kunz, recently elected at the 2011 AGM, possesses extensive knowledge and experience gained in his many years as a member of the top management team within the French Danone group.