In addition, the Supervisory Board's approval is necessary for some decisions by the Management Board, such as transactions above a certain monetary threshold� At year-end consisted of fourteen men and six women from a total of eight countries� In accordance with German law, it has an equal number of shareholder and employee representatives� The Corporate Governance Report in our 2019 Annual Report contains detailed information about the roles and responsibilities of the Management Board and Supervisory Board, how they work together, and E�ON's statement of compliance with the German Corporate Governance Code� The code consists of recommendations and suggestions that constitute the recognised best practices of good corporate governance� These include achieving a reasonable balance between the interests of companies and their shareholders, fostering transparent decision-making by management boards, and ensuring that supervisory boards are independent� [ GRI 102-18] Systematic risk management Every business activity involves risks� To mitigate them, we conduct systematic risk management that's embedded in our workflows� Our Annual Report describes in detail our management system for assessing risks and chances and the measures we take to limit risks� Our risk management We’re committed to helping people, companies, and cities across Europe embrace the energy transition and become more sustainable.