Targets for the share of women
The target figure for the share of women on the Supervisory Board is at least one-third of the members. For the top two management levels of NORMA Group SE, the target for the share of women is at least 25% in each case. The aforementioned targets for the Supervisory Board, the Management Board and the top two management levels are each expected to apply until June 30, 2027. In the 2024 fiscal year, these targets were all achieved, or exceeded in some cases.
With the court appointment of Kerstin Müller-Kirchhofs as the successor to Miguel Ángel López Borrego with effect from September 9, 2024, there are now four (previously three) female members out of a total of six on the Supervisory Board, meaning that the target for the Supervisory Board has been exceeded.
The Management Board of NORMA Group SE, which consists of three members, continues to include one woman, meaning that this target has been met.
At NORMA Group SE, the first management level comprises all persons who are Executive Vice Presidents or Vice Presidents, report directly to the Management Board, assume management responsibilities and have personnel responsibility. As in the previous year, one in four managers at this first level is a woman, so that the target of 25% for the first management level was also achieved. The second management level of NORMA Group SE consists of persons who are Directors, report directly to a member of the Management Board or the first management level, perform management tasks and have personnel responsibility. In 2024, two women were promoted to Directors in addition to the woman who was already a Director alongside a male colleague in 2023. This means that this group now comprises four people, 75% of whom are women. The previously mentioned target for the proportion of women at the second management level was therefore exceeded.
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These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.