The Lufthansa Group prepares its consolidated financial statements and interim reports in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB), taking into account the interpretations of the IFRS Interpretations Committee as adopted by the European Union (EU).
The individual financial statements of Deutsche Lufthansa AG, which are required by law and are relevant for the dividend payment, are prepared in accordance with the provisions of the German Commercial Code (HGB). EY GmbH & CO. KG Wirtschaftsprüfungsgesellschaft, Eschborn, was elected by the 2023 Annual General Meeting and commissioned by the Supervisory Board with the audit of the 2023 financial statements.
The auditor responsible for the audit has been Jörg Bösser since the 2022 financial year. The auditors' fees for the 2023 financial year are compiled in the notes to the consolidated financial statements. Annual Report 2023, Note 48, p. 252.
If members of the Executive Board or Supervisory Board carry out transactions involving Lufthansa shares or related financial instruments, in particular options and derivatives, as part of so-called directors' dealings, these are published immediately as soon as they exceed the value limit of EUR 20,000 in a calendar year. This also applies to natural persons and legal entities closely related to the aforementioned group of persons.
An overview of the Lufthansa shares held by the members of the Executive Board is available at here. The total holdings of shares, options or derivatives of all Executive Board and Supervisory Board members did not exceed the value of 1 % of the shares issued as of December 31, 2023. The Lufthansa Group informs shareholders, analysts and the public equally and promptly. More detailed information on activities in this regard can be found in the Annual Report 2023 in the chapter Lufthansa Share, p. 14 ff. and on the website www.lufthansagroup.com/investor-relations.
In the 2023 financial year, the Chairman of the Supervisory Board again held talks with investors on Supervisory Board-specific topics as part of a corporate governance roadshow. The focus was on the personnel structure and working methods of the Supervisory Board, upcoming Supervisory Board elections, the composition and working methods of the Management Board and the company's measures to reduce emissions. In particular, the cooperation of the Supervisory Board and the expertise contributed by its members as well as the creation of an ESG committee were praised by investors.