IMCD has adopted a two-tier corporate structure under Dutch law consisting of a Management Board and a Supervisory Board.
Corporate Governance Code
IMCD’s corporate governance structure is designed in accordance with the revised Dutch Corporate Governance Code (the “Code”) that entered into force on 1 January 2009. The objective of the Code is to foster good governance by encouraging proper conduct on the part of management and supervisory board members and shareholders. The Code has a statutory basis under Dutch law and applies to IMCD as a Dutch listed company with its corporate seat in the Netherlands. IMCD shall disclose its compliance with the Code in its annual report.