Corporate governance

The management of SSH is based on the applicable legislation in the Republic of Slovenia, internal legal documents and on good practices in corporate governance. The company has a two-tier corporate governance system with the Management Board running the company and the Supervisory Board providing for the control and supervision of the Management Board's work. The General Meeting of the Company represents the Republic of Slovenia and the Government represents the Republic of Slovenia on its behalf.

ZSDH-1 - Slovenian Sovereign Holding Act

SSH's bodies are:

General Meeting of Company

Supervisory Board

Management Board

Branko Bračko, President of the Management Board

Branko Bračko (1967) holds a university degree in mechanical engineering and has more than 30 years in industry, international business and corporate governance. He spent most of his career with the UNIOR Group, where he served as a Member of the Management Board of UNIOR, d. d., from 2012 to 2025 and was involved in the management and governance of the Group. Over the course of his career, he has gained extensive experience in strategic and operational management, financial restructuring and refinancing, the management of capital assets and the corporate governance of companies in Slovenia and abroad. He has also managed several companies and business programmes within the UNIOR Group and has been involved in divestment, reorganisation and restructuring processes. He has also gained supervisory and corporate governance experience as a member or chair of the supervisory boards and boards of directors of various companies.

He assumed the function of a President of the Management Board on 1 October 2026.

Janez Tomšič, Member of the Management Board

Janez Tomšič (1979) holds a University Degree in Law obtained at the Faculty of Law in Ljubljana and is experienced in running and supervising business entities. He dedicated the most of his career to the state-owned D.S.U., družba za svetovanje in upravljanje, d. o. o., in which he assumed various managerial positions, including the position of one of two directors of the subsidiary company, DSU nepremičnine, d. o. o., and the position of a member of the management of D.S.U., responsible for investment activites and real estate management which he held in the 2015 – 2019 period. Since 2007, he has held supervisory positions in supervisory boards of SOEs and other public sector organisations (for example, Housing Fund). He has served one term as President of the Supervisory Board of SID bank, d. d., and President of the Supervisory Board of KAD, d. d. He is currently a member of the Supervorosy Board of Farme Ihan - KPM, d. o. o. He regularly takes part in supplementary training programmes, particularly on corporate governance, law, financial management and banking, and thus contributes to improving his several years of experience in the management and supervision of companies, in strategic planning, asset management and real estate management, human resource management, planning and implementation of investment projects. He holds a certificate by the Slovenian Directors' Association for rendering the services of a member of a Supervisory Board and a Management Board.

He assumed the function of a Management Board Member on 23 April 2021. His second term as a Management Board Member began on 23 April 2025.

Management Board's Consultation Bodies

Nomination Committee of SSH (KK)

In accordance with the Slovenian Sovereign Holding Act (ZSDH-1) (Official Gazette of the Republic of Slovenia, No. 25/2014), the Nomination Committee is the Slovenian Sovereign Holding Management Board's consultation body in charge of performing recruitment procedures related to the recruitment of members of supervisory bodies of state-owned enterprises, the procedures for the candidates ' evaluation and the procedures for their accreditation.

Members of the Nomination Committe are:

Samo Roš, President
Urška Podpečan, Deputy President
Vlasta Lenardič, Member

Expert Committee for Economic and Social Affairs (ECESA)

The Expert Committee for Economic and Social Affairs (ECESA) is the Slovenian Sovereign Holding Management Board's consultation body responsible for providing opinions and initiatives related to the economic and social affairs. Opinions and initiatives are adopted at the ECESA sessions that are related to affairs which result or may result in issues concerning the labour law, the company's Articles of Association or have or may have social impacts. ECESA holds the right to inform the public of its viewpoints, when no confidential information regarding SSH or companies managed by SSH are disclosed by such viewpoints, specifically, by means of joint press releases which have been harmonised with the SSH Management Board.

Composition of ECESA

ECESA is composed of representatives from the Slovenia’s trade unions and confederations that are representative at the national level and are members of the Economic and Social Council of the Republic of Slovenia (ESC), the country’s central platform for social dialogue. The ECESA members are appointed by the aforementioned trade unions and confederations, subject to approval by the SSH Management Board. The term of office for ECESA members is five years, and the members elect a chairperson from among themselves.

Pursuant to Article 33 of the Act on Transitional Financing for an Accelerated and Just Coal Exit (ZPFPPIP), Dejan Kralj was provisionally confirmed as a member of ECESA by the SSH Management Board for the period from 1 January 2025 to 30 April 2027. As a result, ECESA currently has one additional member. The member appointed by the Trade Union of Energy Workers of Slovenia (SDE) may participate in ECESA activities and provide opinions and proposals to the SSH Management Board on matters related to economic and social affairs. These matters pertain to the provider of services of general economic interest as defined in Article 3 of the ZPFPPIP.

The ECESA members are

Saška Kiara Kumer – the Slovenian Union of Alternative Trade Unions of Slovenia, President
Jakob Krištof Počivavšek - Pergam Confederation of Trade Unions, Deputy President
Aleksander Vinkler – the Confederation of Trade Unions 90 Slovenia,
Zdenko Lorber - Slovenian Federation of trade unions Alternativa,
Albert Pavlič – the Association of Workers Trade Unions of Slovenia – Solidarity,
Martina Vuk - the Confederation of Public Sector Trade unions of Slovenija,
Boris Verdnik, Confederation of New Trade unions of Slovenia Independence,
Dejan Kralj - the Trade Union of Energy Workers of Slovenia (SDE).