Slovenian Sovereign Holding's Recommendations And Expectations

Pursuant to Article 32, Paragraph 4 of the Slovenian Sovereign Holding Act (Official Gazette of the Republic of Slovenia, No. 25/2014), the (new) Recommendations and Expectations Companies have been adopted by the Slovenian Sovereign Holding.

 

The legal document shall apply upon the publication of the SSH Recommendations and Expectations and the Recommendations of the Asset Management Company of the Republic of Slovenia's Direct and Indirect Capital Assets shall cease to apply.

 

The number of individual recommendations and expectations in the SSH Recommendations and Expectations has been reduced in regard to the Recommendations of the Asset Management Company of the Republic of Slovenia's Direct and Indirect Capital Assets since some recommendations and expectations, which are general in terms of their content, have been transposed to the Corporate Governance Code for Companies with Capital Assets of the State.

 

When in relation to an individual recommendation or expectation it is not regulated otherwise or when it is not clear from the context, the SSH Recommendations and Expectations are addressed to all enterprises with capital assets of the Republic of Slovenia and/or SSH as well as the daughter companies in the Group with capital assets of the Republic of Slovenia and/or SSH. Daughter companies should be informed of the adoption of and compliance with the SSH Recommendations and Expectations by their mother company.

 

The SSH Recommendations and Expectations have been addressed to the companies following the principle “comply-or-explain” and the companies’ compliance with the said document should be appropriately disclosed in a company’s Business Report.

 

SSH Recommendations and Expectations