Group Structure and Shareholders

“Clearly defined, transparent corporate governance is integral to our success. It enables us to build trust outside and inside the company.”

Group structure

The operational Group structure is shown in the diagram Management Structure.

Geberit AG, the parent company of the Geberit Group, has its headquarters in Rapperswil-Jona (CH). For the place of listing, market capitalisation, Swiss securities identification number and ISIN code, please refer to Geberit share information on the Annual Report 2015.

The Group’s consolidated subsidiaries are listed in Note 33, Group companies as of 31 December 2015 to the Consolidated Financial Statements, stating the company name and head office, share capital and equity interest held by the Group companies. In addition, it was announced on 3 February 2015 that all of the terms of the bid to take over the Sanitec Group had been met. As a result, the companies of the former Sanitec Group are also included in the scope of consolidation as of 31 December 2015. Except for Geberit AG, the scope of consolidation does not include any listed companies.

Significant shareholders

The significant shareholders within the meaning of Art. 663c of the Swiss Code of Obligations (Schweizerisches Obligationenrecht, OR) listed at right were entered in the company’s share register on 31 December 2015 as holding more than 3% of the voting rights or share capital recorded in the Commercial Register.

Significant shareholders
(In accordance with the corresponding report to SIX Swiss Exchange, as of December 31, 2015)
Black Rock, New York, USA5.11%
Capital Group Companies, Inc., Los Angeles, USA4.94%

Disclosure notifications reported to Geberit during 2015 and published by Geberit via the electronic publishing platform of SIX Swiss Exchange can be viewed at www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html.

Cross-shareholdings

In terms of equity interests or voting rights, the Geberit Group has no cross-shareholdings with any other companies that exceed a threshold of 5%.

Important changes to the Articles of Incorporation

As a consequence of the new provisions of the Ordinance against Excessive Compensation with respect to Listed Companies (OaEC), the Articles of Incorporation were amended in April 2014. There were no amendments to the Articles of Incorporation in 2015.