The internal rules for corporate management of cyan AG, such as the rules of procedure of the Executive Board and Supervisory Board, are guided by good corporate governance and the recommendations of the German Corporate Governance Code. In particular, the cooperation of the Supervisory Board and the Executive Board aims at the continuous existence of the company and the increase of a sustainable company value.
cyan AG is not subject to the legal obligations to issue a declaration of compliance according to § 161 AktG (German Stock Corporation Act) to the German Corporate Governance Code or other legal obligations such as a declaration of corporate governance according to § 289 f HGB (German Commercial Code).
The basic prerequisite and at the same time the benchmark for all business activities is the confidence of investors, customers and employees in the high standard of corporate management at cyan AG and the associated sense of responsibility. In the following, basics and elements of the system of corporate management and supervision of cyan AG are presented.