We are committed to the highest standards of corporate governance. The Board takes seriously its responsibility for promoting the Group’s core values and for ensuring that all employees are aware of their responsibility to conduct themselves in accordance with high standards of business integrity. In accordance with Hungarian law, Waberer’s has a two-tier management and oversight structure comprising the Board of Directors and the Supervisory Board. The Board of Directors is responsible for the executive management of the Company and represents it in relation to third parties. The Supervisory Board is responsible for supervising the Board of Directors and the management of the Company, protecting the interests of shareholders. It is also responsible for the internal controls of the Company.