Professional suitability (i.e., whether the candidate possesses the requisite competence and experience) and personality traits (e.g., personal integrity) are material criteria in the selection and appointment of Management Board members. In addition, age and gender are also factors in the decision-making process. Independent management audits by external advisers, which are conducted as necessary, ensure that the decisions are based on objective evaluations. At present, there are no women on the Management Board of voestalpine AG. The members of the Management Board are between 54 and 65 years of age and possess a variety of educational credentials (primarily in technical fields) along with wide-ranging professional and international management experience. The shareholder representatives on the Supervisory Board are elected by the Annual General Meeting in accordance with the applicable statutory framework. At this time, the Supervisory Board includes four women and one non-Austrian national. The members of the Supervisory Board are between 52 and 71 years of age and possess a wide range of professional expertise along with professional and management experience.
