CORPORATE GOVERNANCE REPORTING responsibility of the Managing Directors of • We consider the President of the Executive the Company and – given that the Committee, Dr Reinhard Rauball, who addresses Supervisory Board has no authority to the remuneration of the Managing Directors of appoint or dismiss personnel – the Executive Borussia Dortmund Geschäftsführungs-GmbH, Committee of Borussia Dortmund to be independent within the meaning of the Geschäftsführungs-GmbH. This planning recommendation C.10 of the Code. takes place in regular dialogue between the management and the Executive Committee, • In application mutatis mutandis of the which determine profiles of skills and recommendation D.7 of the Code, a regular expertise for management personnel based time slot is reserved at Supervisory Board on the corporate strategy and internal meetings for discussions without the corporate structure and management, and Managing Directors of the general partner. monitor relevant internal and external candidates. In this respect, scouting is • Given that the Supervisory Board has no authority something we use not just to find talented to appoint and dismiss Managing Directors new footballers, but also in our human of Borussia Dortmund Geschäftsführungs- resource planning. Efforts are also ongoing GmbH or to stipulate the terms of their within the Company to nurture up-and-coming service agreements, not it but rather the management talent, for example by means of Executive Committee of Borussia Dortmund further education. The Company can also rely Geschäftsführungs-GmbH is responsible for on its network and on outside service consenting to sideline activities of the Managing providers where necessary to recruit Directors of the general partner within the externally. The Executive Committee also acts meaning of recommendation E.3 of the Code. to ensure sufficient diversity when staffing the management. The Declaration of Conformity must be made permanently available to shareholders on the • In the case of the first-time appointment of Company's website. It is published on the investor Managing Directors of Borussia Dortmund relations website, http://aktie.bvb.de/eng, under Geschäftsführungs-GmbH, the Executive "Corporate Governance". In addition, the Declaration Committee follows the recommendation B.3 of Conformity submitted in September 2021, as of the Code, whereby executive board reproduced below, is an integral part of this members at stock corporations should be corporate governance declaration. appointed for a maximum of three years. 41009653-1376911 Anlage 1.4 / 25 25