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1.
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The Board of Directors, the Executive Board and the
employees are responsible for the bank’s long-term and sustainable development.
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2.
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Members of the Board of Directors and the Executive
Board, and the employees represent the bank’s interests. They
have to withdraw in instances of conflict of interest between the bank’s business
activities and their own interests or those of people or organisations they’re
closely attached to.
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3.
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Members of the Board of Directors and the Executive
Board are required to disclose all their important positions in executive
or supervisory committees of other organisations.
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4.
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The responsibilities of the Board of Directors and the
Executive Board areseparated.
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5.
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Members of the Executive Board are not to be appointed
to the Board of Directors of companies in which a member of
BEKB | BCBE’s Board of Directors sits on the Executive Board.
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6.
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The terms of office of the Board of Directors’ members
are restricted to 12 years. The age limit is 70 years.
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7.
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The compensation model for the members of the Board
of Directors is set by the entire Board of Directors and published in
full. On the basis of the Board of Directors’ remuneration model, the Board
of Directors participates in the bank’s profit or loss.
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8.
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The Executive Board’s remuneration is determined by
the Board of Directors’ committee. The highest overall compensation equals
a maximum of a twentyfold of the lowest overall compensation.
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9.
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BEKB | BCBE does not pay any leaving remunerations.
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10.
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No further payments are paid in addition to the payments
made under the Board of Directors’ remuneration model.
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