System-ID: s_12

Corporate Governance report

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In the field of corporate governance Gorenje, d.d., and the Gorenje Group have introduced high standards that have been consistently met, implemented and constantly up-graded in compliance with good practices. Transparency has been one of our fundamental values recognised also in the environment. This has been proved also by the award for the best team in the field of relations with investors that we received from the Ljubljana Stock Exchange in the year 2009.

A two-tier management system has been adopted in the company. On its basis the management is responsible for running of the company's operation and the supervisory board for the supervision of operation. The corporate governance code of public limited companies adopted on 8 December 2009 has been followed in the operation of the company; it is accessible on the websites of the Ljubljana Stock Exchange.