In line with its listing on the Vienna Stock Exchange since 1997, Atrium has chosen to comply with the Austrian Code of Corporate Governance which sets out rules and regulations for responsible management and guidance of companies listed in Austria. The Code primarily applies to Austrian stock market-listed companies that voluntarily undertake to adhere to its principles. Atrium has voluntarily submitted to the Code as amended in January 2015. The Code is available on the website of the Austrian Working Group for Corporate Governance (www.corporate-governance.at) and obliges Atrium to either comply or to explain any deviations from its applicable rules. Explanations and deviations are provided in detail in Atrium's annual reports.
Jersey law does not contain a mandatory code of corporate governance but does impose general fiduciary duties and duties of care, diligence and skill on the Directors, who are also under statutory obligation to act in good faith and in the best interest of Atrium. Save to the extent agreed with the Jersey Financial Services Commission, Atrium will remain materially compliant with the UK Combined Code, the corporate governance code adopted by the UK Financial Services Authority.