Rickmers Holding AG as German stock corporation is subject to the provisions of the German Stock Corporation Act and the Company’s articles of association. It provides a dual management system with the Management Board as management body and the Supervisory Board as advisory and supervisory body. In addition, the General Meeting serves as decision-making body for shareholders. The Management Board of Rickmers Holding runs the company’s business in own responsibility. Management Board and Supervisory Board work closely and trustingly together thereby reconcile the demands of effective but still carefully considered decisions-making processes.