Valid for the past and future Corporate Governance of Jungheinrich AG is the following declaration, which relates to the requirements of the Code in the version dated June 12, 2006 and June 14, 2007 respectively.
Declaration according to Section 161 German Stock Corporation Act (AktG)
The Board of Management and the Supervisory Board of Jungheinrich AG declare that the recommendations for behaviour of the "German Corporate Governance Code Government Commission" in the version dated 12th June 2006 and 14th June 2007 respectively have been met and will be met in the future by Jungheinrich AG in accordance with this declaration.
The deviations from the individual recommendations of the Code relate to the fact that the D & O insurance policy of the company for the Board of Management and the Supervisory Board does not state any own-risk deductible, the fact that Jungheinrich does not run a stock option scheme so that the recommendations based on this are not relevant, the fact that the remuneration of the members of the Board of Management and of the Supervisory Board is not stated in the annex of the Annual Report or in the Corporate Governance Report in an itemised and individualised manner, the fact that no age limit is set for the members of the Supervisory Board, the fact that a nomination committee of the Supervisory Board will not be constituted, and the fact that the consolidated financial statements will not yet be made publicly accessible within the recommended period of 90 days.
Hamburg, December 2007
