Corporate governance

The information that follows is provided in accordance with the Directive on Information Relating to Corporate Governance issued by the SIX Exchange Regulation (DCG). The principles and rules of Corporate Governance as practiced by Barry Callebaut are laid down in the Articles of Incorporation, the Internal Regulations of the Board and the Charters of the Board Committees. These are reviewed regularly by the Board of Directors and adapted as needed.

The Corporate Governance sections in the Annual Report and on the web reflect the set of guidelines, policies and rules determining how the company is directed and controlled, how rights and responsibilities are distributed among participants in the company and how decisions on corporate affairs are made.

Chocolate bars

Barry Callebaut AG (the “Company”) was incorporated on December 13, 1994 under Swiss law, having its head office in Zurich, Switzerland, at Pfingstweidstrasse 60. The Com­pany is registered in Switzerland and has been listed on the SIX Swiss Exchange (BARN, ISIN Number: CH0009002962) since 1998. The Company has not request-ed the admission to trading of its shares on any other stock exchange. As of August 31, 2015, the total number of issued shares in the Company was 5,488,858, and thus Barry Callebaut’s market capitalization based on issued shares was CHF 5,823.7 million (August 31, 2014: CHF 6,175 million).

The principal subsidiaries of the Company are listed in note 29 to the Consolidated Financial Statements on pages 35-103. The significant shareholders of the Company are listed in note 27 to the Consolidated Financial Statements on page 98, with Jacobs Holding AG as a majority shareholder with a participation of 50.11% of the issued share capital (August 31, 2014: 50.11%). There are no cross-shareholdings equal or higher than 5% of the issued share capital.