Page 259 - Albanian law on entrepreuners and companies - text with with commentary

 A statement on company’s business model, its vision and values
 An outline of the company’s business strategy and the likely risks associated with
that strategy
 A review of the company’s activities and performance, and forward-looking
assessment of its business environment
 A statement on its corporate governance principles and the extent to which it has
complied with the specific corporate governance code, with additional governance
information, such as:
 A statement of how the board operates, including a high-level statement of
which types of decisions are to be taken by the board and which are to be
delegated to management; the number of its meetings and the participants.
 The details such as the name, year of birth, education and training, main
occupation, essential working experience, date of election to the board of
directors, most important simultaneous positions of holdings of the company’s
shares, holdings and rights based on a share-related and compensation system of
the company of all directors, including the chairman, the Administrator (CEO)
and members of the board committees (if relevant) of the non-managing
directors whom the board determines as independent, with reasons for the
assessment where necessary;
 The names of all directors, including the chairman, the Administrator (CEO)
and the chairmen and members of the board committees (if relevant)
 The names of the non-managing directors whom the board determines as
independent, with reasons for the assessment where necessary;
 Details of how any appraisal of the board, its committees, and its directors has
been conducted.
 A summary of activities and projects of special relevance to stakeholders.

Publication of financial key figures in the website of the company may increase
shareholders’ and public confidence in the company.

258