Participation policy

Information on co-determination policy

Aquila Asset Management (Liechtenstein) AG (hereinafter referred to as the "Company") falls under the term "asset manager" according to Art. 367a No. 3 of the Liechtenstein Persons and Companies Act (PGR) and therefore has to describe its participation policy in terms of Art. 367h PGR.
The Company does not exercise any shareholder rights within the meaning of Art. 367h para. 1 items 1 and 4 PGR based on participation in the companies in which the Company has invested within the scope of asset management mandates. In particular, no rights related to the general meetings of stock corporations are exercised. The right to a share in profits and subscription rights are exercised in consultation with the clients.

The monitoring of important matters of the companies within the meaning of Art. 367h para. 1 item 2 PGR is carried out by taking note of the legally required reporting of the companies in financial reports as well as ad hoc announcements.

There is no exchange of opinions with the corporate bodies and stakeholders of the companies within the meaning of Art. 367h para. 1 item 3 PGR.
There is no cooperation with other shareholders within the meaning of Art. 367h para. 1 items 5 and 6 PGR.

In the event of conflicts of interest within the meaning of Art. 367h para. 1 no. 7 PGR, disclosure is made to the parties concerned in accordance with the statutory provisions, and the further course of action will be explained to the parties. 

There is no annual publication on the implementation of the participation policy within the meaning of Art. 367h para. 2 PGR because there is no corresponding exercise of rights.

There is no publication of voting behaviour in the sense of Art. 367h Para. 1 No. 3 PGR because there is no participation in voting.