Our executive and supervisory boards identify with the aims of the German Corporate Governance Code, promoting responsible and transparent management and control, focused on sustainable growth of our equity value.

The executive and supervisory boards Symrise AG largely follow the recommendations of the German Corporate Governance Code in its currently effective version.

Please find consecutively our current and previous compliance statement.

Compliance statement according to section 161 stock corporation act in its version after BilMoG came into force

Supervisory Board and Executive Board of Symrise AG do hereby confirm that, except in two cases, Symrise AG has complied and will comply in the future with the recommendations issued by the governmental commission German Corporate Governance Codex and published by the federal ministry of justice in the official section of the electronic federal gazette on August 8th 2008. In contradiction to clause 3.8 paragraph 2 the director's and officers insurance policy signed for board members and members of the leadership teams does not contain a deductible. In contradiction to clause 5.1.2 paragraph 2 sentence 3 no age limit for members of the Executive Board does exist.

Justification of divergences:

The Executive Board and the Supervisory Board are of the opinion that the deductible of a D&O insurance, which does not strictly insure against financial losses, is not an adequate means of achieving the objectives of the Code. In any case, wilful neglect of duty is exempted from insurance coverage. Members of the Executive Board and the Supervisory Board could cover the deductibles with their own insurance policy, thereby negating the actual function of the deductible. In addition, unlike other forms of insurance, deductibles in the case of D&O insurance do not result in any reductions on premiums. The company, therefore, would have to pay the same price for less performance by the insurer.

No age limit was set for Executive Board members because the company should generally also have access to the expertise of experienced members. Exclusion based solely on age does not seem wise to the Executive Board and the Supervisory Board, since this could lead to a mere formality blocking an optimum Executive Board appointment.

June 22, 2009

Supervisory Board and Executive Board
Symrise AG


Compliance statement 2009 according to section 161 stock corporation act

Supervisory Board and Executive Board of Symrise AG do hereby confirm that, except in two cases, Symrise AG has complied and will comply in the future with the recommendations issued by the governmental commission German Corporate Governance Codex and published by the federal ministry of justice in the official section of the electronic federal gazette on August 8th 2008. In contradiction to clause 3.8 paragraph 2 the director's and officers insurance policy signed for board members and members of the leadership teams does not contain a deductible. In contradiction to clause 5.1.2 paragraph 2 sentence 3 no age limit for members of the Executive Board does exist.

February 25, 2009

Supervisory Board and Executive Board
Symrise AG


Compliance statement 2008 according to section 161 stock corporation act

Supervisory Board and Executive Board of Symrise AG do hereby confirm that, except in two cases, Symrise AG has complied and will comply in the future with the recommendations issued by the governmental commission German Corporate Governance Codex and published by the federal ministry of justice in the official section of the electronic federal gazette on July 20th 2007. In contradiction to clause 3.8 paragraph 2 the director’s and officers insurance policy signed for board members and members of the leadership teams does not contain a deductible. In contradiction to clause 5.1.2 paragraph 2 sentence 3 no age limit for members of the Executive Board does exist.

February 29, 2008

Supervisory Board and Executive Board
Symrise AG


Compliance statement 2007 according to section 161 stock corporation act

Supervisory Board and Executive Board of Symrise AG do hereby confirm that, except in two cases, Symrise AG has complied with the recommendations issued by the governmental commission German Corporate Governance Codex and published by the federal ministry of justice in the official section of the electronic federal gazette on June 12th 2006. In contradiction to clause 3.8 paragraph 2 the director’s and officers insurance policy signed for board members and members of the leadership teams does not contain a deductible. In contradiction to clause 5.1.2 paragraph 2 sentence 3 no age limit for members of the Executive Board does exist.

March 28, 2007

Supervisory Board and Executive Board
Symrise AG