Corporate Governance documents

Lotus Bakeries attaches great value to corporate governance practices.

Lotus Bakeries has adopted a Corporate Governance Charter under which we commit to apply the principles of the Corporate Governance Code of 12 March 2009 and to respect the associated legal norms and regulations. The charter outlines our corporate governance policy and the internal rules of procedure of the Board of Directors, the Committees and the Executive Committee.

The Corporate Governance Charter shall be updated based on evolutions in corporate governance policy. A Corporate Governance Declaration describing a number of concrete applications of this charter is published each year in the annual report.

The information as laid out in the Articles of Association is only available in Dutch. The latest version of the Articles of Association is dated 4 April 2019.

Respect for and the promotion of human rights and the fight against bribery and corruption are self-evident at Lotus Bakeries. It is no coincidence that the corporate culture of Lotus Bakeries is expressed in the TOP values of 'team spirit', 'open dialogue' and 'passion'. The management of Lotus Bakeries emphasises these values based on respect for fellow human beings, transparency, togetherness and the purity of pleasure in our work. The focus lies on upholding these values in our own organisation. We also focus on the activities of our suppliers of raw materials and packaging materials and co-manufacturers. Since 2012, Lotus Bakeries has summarised its internal code of conduct, which is regularly reviewed in the light of changed circumstances.