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The German Corporate Governance Code („Code“), which was first adopted on February 26, 2002 by the Government Commission appointed by the Justice Minister in September 2001, aims to promote the confidence of national and international investors, customers, employees and the public in the management and supervision of German corporations listed at the stock exchange. The Code presents essential statutory regulations for the management and supervision (governance) of German listed companies and contains internationally and nationally recognised standards for good and responsible governance. It contains advice for the management and supervision in the form of recommendations ("shall") and suggestions ("should").adidas AG is an international corporation with shareholders, customers, suppliers, employees and Executive and Supervisory Board members from all over the world. In light of this fact, we welcome the German Corporate Governance Code and the aim pursued thereby to achieve greater transparency for both national and international investors and to strengthen confidence in the management of German corporations.
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