Governance of businesses

ROUTE 68 Logistics and Storage runs a two-tier board level, meaning distinction between management and supervision.

The Executive Board is responsible for day-to-day business management and the creation and execution of the long-term strategy of the organization. It is the responsibility of the Supervisory Board to monitor the performance of the Executive Board and advise the Executive Board.

Good corporate governance is given considerable importance by the Executive Board and the Supervisory Board. I support the view that good entrepreneurship, including the Executive Board's open and ethical conduct and the Supervisory Board's active oversight of it, is important to instill confidence in stakeholder management and oversight. The guarantees of good corporate governance are contained at ROUTE 68 Logistics and Storage mainly in a community that is characterized by honesty, competence and common decency.

Health, Safety, Security and the Environment (HSSE)

HSSE

Management on Health, Safety, Security and the Environment (HSSE) is vital to our operations success.

Prevention of injuries and incidents is one of our core values and is done by our employees and contractors. We assume that accidents and injuries can be prevented. We are committed to achieving our objective of zero-incident and are mindful of the environment we live in. We are committed to succeed in a deeply embedded environment of health and operational excellence.

Consequently, we have set rigorous standards and procedures for HSSE leadership. We will continue to ensure that all employees and contractors working on our sites understand our standards.

Therefore, we have set rigorous standards and procedures for HSSE management. We will continuously ensure that all employees and contractors working on our sites understand our expectations.

For work on HSSE, a separate HSSE committee was set up.

Compliance

Compliance policies have been implemented as well as a Code of Conduct and Business Ethics. Compliance remains primarily in our minds every single day spent on the job. Additionally, dedicated compliance training courses are attended annually.

We strongly believe that only by acting in accordance with our Code of Conduct and Business Ethics can we fulfill our goals.