Targets for the share of women

The target figure for the share of women on the Supervisory Board is at least one-third of the members. For the top two management levels of NORMA Group SE, the target for the share of women is at least 25% in each case. The aforementioned targets for the Supervisory Board, the Management Board and the top two management levels are each expected to apply until June 30, 2027.

In the 2023 fiscal year, these targets were all achieved, or exceeded in some cases. With the election of four new Supervisory Board members, three (previously two) women out of a total of six members have been represented on the Supervisory Board since the Annual General Meeting on May 11, 2023, meaning that the target for the Supervisory Board has been exceeded. With one woman continuing to be represented on the three-member Board of Management of NORMA Group SE, this target figure has also been achieved. At NORMA Group SE, the first management level comprises all persons who are Executive Vice Presidents or Vice Presidents, report directly to the Management Board, assume management responsibilities and bear personnel responsibility. One in four managers at this first level is a woman, so that the target of 25% for the first management level was also achieved. The second management level of NORMA Group SE consists of persons who are Directors, report directly to a member of the Management Board or a member of the first management level, in turn perform management duties and have personnel responsibility. As one of the two executives at this level is a woman, the mentioned target for the proportion of women at the second management level was exceeded.