Annual Report 2016

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48 Autoneum Annual Report 2016 Corporate Governance
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Corporate Governance
Autoneum is committed to creating long-term value. As such,
it considers high standards of Corporate Governance
of utmost importance. A policy of transparent information
to the Company’s various stakeholder groups creates
the basis for mutual trust.
The rules and regulations of Corporate Governance
are laid out in numerous Autoneum documents,
in particular the Articles of Association1, the
Organizational Regulations2 and the Board
Committee Regulations. The content and structure
of this report conform to the Corporate Gover-
nance Directive (DCG) and the related commen-
taries published by the SIX Swiss Exchange.
Unless stated otherwise, the data pertains
to December 31, 2016. Some information will
be updated regularly on
investor-relations. For some information
it is referred to the financial section of this
Annual Report. The Remuneration Report
can be found from page 116 onwards.
1 Group structure and shareholders
Group structure
Autoneum Holding Ltd is a company incorpo-
rated under Swiss law, with its registered
offices in Winterthur. Its shares are listed on the
SIX Swiss Exchange (securities code 12748036,
ISIN CH0127480363, symbol AUTN). Market
capitalization as of December 31, 2016 was
CHF 1243.4 million.
Autoneum Group consists of the four Business
Groups Europe, North America, Asia and SAMEA
(South America, Middle East and Africa),
the Group Finance department and those
cross functions that report directly to the CEO.
It includes all companies controlled by
Autoneum Holding Ltd.
Within the framework of internal regula-
tions, the Business Groups are responsible for
the profitability of each individual company
with the exception of those business activities
and companies that report directly to the CEO.
Each Business Group has been established
for a clearly defined and demarcated specific
market region. Each of these Business Groups
conducts its business within the framework
of the Organizational Regulations2 and under
the leadership of the Business Group Head,
who reports directly to the CEO of the Autoneum
Group. The segment reporting information can
be found on pages 84–86.
The Group Finance department and those
cross functions that report directly to the CEO
support the CEO, the Business Group Heads and
the Board of Directors in their management
and supervisory functions, and are responsible
for the activities outside the Business Groups