Independence: Absence of any influence on a person's impartial, professional, objective, honest and comprehensive assessment in performing their tasks or in their decision taking within the function they are performing.
Independent supervisory board members are deemed to be those members who act independently in their operations and decision-making. Dependent members are always deemed to be supervisory board members who have a close economic relation with the company, its management board or major shareholders. An independent member immediately informs the supervisory board of the occurrence of facts changing their compliance with the criterion of independence.
Best practice recommendations
Slovenian Corporate Governance Code for Listed Companies
Reasons for the revision of the Code
Poglej dokument
Practical Guide to Conflicts of Interest
This Practical Guide provides guidance to members of managi ...
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The Code of Professional Ethics of the Slovenian Directors’ Association
This Code lays down the ethical guidelines and principles f ...
Poglej dokumentStatement of independence of a member of SB
Every supervisory board member signs and submits a statement of compliance with individual indents from Appendix B3, Slovenian Corporate Governance Code for Listed Companies, to the supervisory board once a year, upon their appointment and upon each change, thus defining their position to the existence of individual conflicts of interests pursuant to the criteria laid down in Appendix B3, and undertakes to inform the supervisory board immediately of any new potential conflicts of interest.