TMG supports the principles of the Corporate Governance Code and endorses the value of transparency in structure and business operations towards various interest groups (employees, customers, suppliers, shareholders and goverment departments).

TMG has a so-called “two tier board” formed by the Supervisory Board and the Executive Board.

Members of the Supervisory Board will be appointed by the General Meeting of Shareholders on the recommendation of the Supervisory Board. The General Meeting of Shareholders and the Works Council can recommend persons for nomination to the Supervisory Board. The Central Works Council has a so-called strengthened right of recommendation for one third of the members on the Supervisory Board.

The Supervisory Board is charged with monitoring policy, organisation structure and advising the Executive Board.

The objective of TMG concerns the foundation of, participation in and financing of companies involved in media operations in the widest sense of the word.

• Statutes TMG