The Management Board, Supervisory Board and Annual General Meeting have well-defined decision-making powers, each with its own scope of responsibility.
In line with the Austrian Stock Act, the structure of the management of Telekom Austria AG, composed of Management Board and Supervisory Board, is strictly separated.
The task of the Management Board is to manage and monitor current business development as well as to represent the company.
The Supervisory Board appoints or recalls members of the Management Board and monitors the Management Board's activities.
At the Annual General Meeting the members of the Supervisory Board are elected, the annual report is confirmed and the Management Board is discharged for the previous fiscal year.
Annual General Meeting