The shareholder of the AUMUND Group of companies

Under the provisions set out in his will, Franz-Walter Aumund appointed the charitable Aumund Foundation as the sole heir to his estate. With this the Foundation is the sole shareholder of the AUMUND Group, offering the business and its employees around the world a stable basis and long-term prospects. Whist operational leadership of the business lies with its Management Board, decisions with significant strategic or financial implications are subject to approval by the Supervisory Board of AUMUND Holding B.V. The Aumund Foundation appoints the Supervisory Board , and in its capacity as sole shareholder, exercises its shareholder voting rights at the Annual General Meeting.

In accordance with the dividend policy the AUMUND Group distributes part of its profits to the Aumund Foundation, which uses these funds to fulfil its charitable objectives. With this structure all employees contribute to the implementation of the Foundation’s global projects.