Bielefeld. The Supervisory Board of GILDEMEISTER Aktiengesellschaft declared its absolute confidence in the chairman of the Executive Board at its regular strategy meeting today.
The main topic of the meeting was the GILDEMEISTER Strategy 2011 and thus the company’s long-term focus. In addition, the Supervisory Board was fully informed of the investigations being carried out by the public prosecutor’s office. The Supervisory Board makes it clear that GILDEMEISTER is cooperating actively in a thorough clarification of the incidents under investigation and for this purpose has ordered an internal audit check. After a Supervisory Board resolution a mandate will be issued to the auditors Ernst & Young and the law firm Hengeler Mueller to clarify and carry out an appraisal of the allegations.
Following the regular Supervisory Board meeting, the chairman, Hans Henning Offen, stated, “Dr. Rüdiger Kapitza has provided the Supervisory Board with detailed explanations it asked for concerning the public prosecutor’s allegations. The Supervisory Board is not aware of any wrongdoing on the part of the Executive Board members. They declare their complete confidence in particular in the chairman.“
As scheduled, GILDEMEISTER will present the provisional figures for the financial year 2007, with the excellent results expected by the capital markets, on 12 February 2008.
The Supervisory Board