Corporate governance

This corporate governance report describes the Liechtensteinische Landesbank's corporate governance principles in accordance with the directives concerning information about corporate governance required by the SIX Swiss Exchange and Liechtenstein legal provisions. If information required by the directives is disclosed in the Notes to the financial statement, a corresponding reference is shown.

Basis

The principles and directives defining corporate governance are laid down in the statutes, the regulations governing the conduct of business and the charters of the Board of Directors Committees. They are regularly reviewed and, if necessary, modified. They are based on the directives and recommendations contained in the Swiss Code of Best Practice for Corporate Governance issued by the Swiss Business Federation (economiesuisse).