DSM Integrated Annual Report 2021

Dutch Corporate Governance Code

DSM supports the Dutch Corporate Governance Code, which was most recently amended in 2016 and adopted by the company with effect from the financial year 2017. We ensure our continued compliance with the Dutch Corporate Governance Code. The Dutch Corporate Governance Code can be found on www.mccg.nl.

In line with the notion underlying the Dutch Corporate Governance Code we follow a multi-stakeholder approach. Our stakeholders are those groups and individuals who, directly or indirectly, influence — or are influenced by — the attainment of the company’s objectives. The Managing Board and Supervisory Board have the responsibility for weighing up the interests of all stakeholders.

Long-term value creation is embedded in both our company’s purpose-led, performance-driven strategy and our company culture: Our purpose is to create brighter lives for all. Sustainability is central to how we fulfill that mission, and to achieve this, we consider People, Planet and Profit in all we do. We apply our company strategy to focus our resources and capabilities to address the urgent societal and environmental challenges linked to the way the world produces and consumes food. More information on how long-term value creation is fundamental to our strategy and culture can be found in Strategy and People, as well as in How we create value for our stakeholders and in Our approach to the Sustainable Development Goals.

Any proposed substantial change to our corporate governance structure and compliance with the Dutch Corporate Governance Code should be submitted to the General Meeting of Shareholders for discussion under a separate agenda item.

All documents related to the implementation of the Dutch Corporate Governance Code at DSM can be found in the Corporate Governance section of the company website.