Corporate governance rules are contained within the document titled "Good Practices of Companies Listed on the Warsaw Stock Exchange, 2021," accepted via the resolution of the Stock Exchange Council of March 29th, 2021.
The rules are applicable following July 1st, 2021.
Corporate governance is a collection of rules of proceeding both for company bodies, as well as the members of the bodies of these companies - Supervisory Board, Management Board and shareholders. CCC Company, appreciating the meaning of the corporate governance rules and their role in strenghtening transparency of stock exchange listed companies, makes every effort in order for these rules to be applied in the daily functioning of the Company.
Pursuant to the applicable rules of public disclosure, the Company will be reporting only when there is a breach of any of the good rules in manner which is permanent or incidental. The reports will published like current reports and published on the Company's website.
Furthermore, concurrently with annual reports, beginning with the annual report for the year 2009, reports on the application of corporate governance rules are being published.
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General Meeting
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The General Meeting is the highest authority of the company, serving to exercise the rights of shareholders. General Meetings of CCC S.A. are conducted on the basis of the provisions of the Commercial Companies Code, the Company's Statute and the provisions of the Rules of Procedure of the General Meeting of CCC S.A. including Good Practices in public companies. The competences of the General Meeting include all matters related to the Company's operations and those reserved for its properties by the provisions of the Commercial Companies Code and the Articles of Association. Shareholders exercise their corporate rights through the General Meetings.
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Supervisory Board
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The Supervisory Board maintain constanse supervison over the activity of CCC PLC group in all aspects of its operation. The Supervisory Board is appointed by the General Meeting. The Members of the Supervisory Board are apponted for the joint term, which is of 3 years.
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Management Board
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The Management Board conducts all issues of the Company and represents it in all judicial and extrajudicial actions. The Management Boards'competences inlude all topics connected with the conduct of CCC cases, which were not reserved by the provisions of the law of the provisions of the Article to be the competences of other bodies of the Company. The Management Board acts on the basis of the provisions of the law, with the particular inclusion of the provisions of the Commercial Companies Code and the resolution of the Articles of Association and Rules and Regulations of the Management Board.
Information policy
The main purpose of the information policy of CCC PLC is the provision of equal access to information and effective communication o and the construction of trust on the part of the participants of the capital market, especially individual and institutional investors, both national and foreign.
THE SPECIFIC OBJECTIVES CAN BE DISTINGUISHED:
- publishing of true, accurate and complete information within the scope and on dates required by the applicable provisions of the law;
- effective communication with shareholders and other participants of the capital market, conducted with the use of available tools for communication, ones permitted by the law;
- provision of equal access to information pertaining to the Company's operation for all participants of the capital market.
CCC PLC PROVIDES EQUAL ACCESS TO INFORMATION PERTAINING TO THE COMPANY VIA…
- fulfillment of the information obligations resulting from the functioning of the Company on the regulated market;
- application of corporate governance rules;
- communication with all participants of the capital market based upon the best standards and market practices.
ACTIONS UNDERTAKEN WITHIN THE SCOPE OF THE INFORMATION POLICY ARE ADRESSED TOWARDS THE SPECIFIC PARTICIPANTS OF THE CAPITAL MARKET, AMONG OTHERS…
- investors (individual and institutional) and CCC PLC shareholders;
- entities connected with the regulated market (Polish Financial Supervision Authority, Warsaw Stock Exchange PLC in Warsaw);
- stock exchange analysts,
- and adapted to their information needs.
TAKING INTO ACCOUNT THE CORRECT FULFILLMENT OF INFORMATION OBLIGATIONS, CCC PLC DISCLOSES…
- information required by the provisions of the law applicable for companies listed on the GPW nad pursuant to the "Good Practices of Companies Listed on the Warsaw Stock Exchange, 2021";
- financial results and period reports within the terms designated by the applicable provisions of the law. The Company makes every effort for the term to be as short as possible;
- information regarding major events affecting the share price of the Company immediately following their emergence, unless the provisions of the law require a different, required term.
THE TOOLS USED FOR COMMUNICATION WITH THE CAPITAL MARKET PARTICIPANTS ARE, ABOVE ALL ELSE…
- Electronic System for Information Issue (ESPI) - in order to execute the information obligations resulting from shares trade on the regulated market;
- Electronic Information Database (EBI) - for the dsitribution of reports pertaining to the application of corporate governance;
- Investor Relations service on the corporate website, where all information regarding the company are available, such as current reports, presentations, financial statements, information regarding Company's authorities, current ownership structure, contact data, etc.;
- results conference data for analysts and media representatives, each and every time following the publication of financial results (video materials from conferences are available on the Investor Relations webpage);
- teleconferences and videoconferences for national and foreign investors and analysts;
- meetings of the representatives of the Management Board and Investor Relations with individualand institutional investors and analysts, including the arrangeemnt of visits in the Company;
- participation of Management Board representatives and the Investor Relations teams in conference for investors in Poland and abroad;
- availability of the Investor Relations team for the partiicpants of the capital market via telephone and e-mail. The Company makes every effort in order to make answers to questions to be granted immediately following their receipt, however not later than 7 days. The term may be extended due to the exceptionally justified cases and cirucmstances beyond the control of the Company;
- provision of access to materials from General Meetings of Shareholders on the Investor Relations webpage, invluding video materials;
organisation of Open Days, Investor Days, etc for stock exchange analysts, insitutional and individual investors.
The company constantly monitors the development of modern tools supporting the management of Investor Relations and, if possible, adapts them to its activities in order to improve the communication process with the capital market.