Organe
Bodies

The executive bodies of K+S Aktiengesellschaft

Supervisory Board

Supervisory board Dr. Andreas Kreimeyer

The rights and duties of the Supervisory Board are laid down in the German Stock Corporation Act, the Codetermination Act and the Company's Articles of Association. The internal organization of the Supervisory Board is determined by its bylaws. It also contains rules governing the relationship between the Board of Executive Directors and the Supervisory Board.

The Supervisory Board appoints the Board of Executive Directors, monitors and advises it in the conduct of business. It is to be involved in decisions of fundamental importance for the company and, together with the Board of Executive Directors, ensures long-term succession planning. Other tasks include auditing the annual financial statements and management reports and reporting on them to the Annual General Meeting. Proposals for the election of shareholder representatives at the Annual General Meeting are also among the tasks of the Supervisory Board.

The K+S Supervisory Board consists of 16 members and, in accordance with the German Codetermination Act, is made up of equal numbers of shareholder and employee representatives.

Board of Executive Directors

The Board of Executive Directors is responsible for the management of the Company, in particular for the strategic orientation of the Company and for the internal control and risk management system. In addition, the Board of Executive Directors represents the Company in court and in dealings with third parties.

The rights and duties of the Board of Executive Directors are laid down in the German Stock Corporation Act, the Company's Articles of Association and the service contracts of the members of the Board of Executive Directors, which are supplemented by the Supervisory Board's approval catalogue as well as the statutory reporting and information duties defined by the Supervisory Board. The internal organization of the Board of Executive Directors is laid down in its bylaws. These contain rules that define the areas of responsibility of the entire Board of Executive Directors, the Chairman and the individual members of the Board of Executive Directors. It also contains rules governing the meetings of the Board of Executive Directors.

The Board of Executive Directors informs the Supervisory Board regularly, promptly and comprehensively about all issues of relevance to the Company as a whole relating to corporate strategy, planning, business development, the financial position and results of operations, as well as special entrepreneurial risks and opportunities. Important decisions require the approval of the Supervisory Board.

Annual General Meeting

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