At Bionorica, the organisational management structure comprises four Executive Board areas: Chief Executive Officer; Finance, HR & IT; Global Business; and Product Supply (as of September 2022):
Bionorica’s Executive Board comprises four members (see Management Structure) and a Supervisory Board with six members. The highest body responsible for decision-making on economic, environmental and social issues is the Executive Board, which makes decisions after intensive consultation with the respective responsible managers on the basis of the Rules of Procedure of the Executive Board dated 30 April 2021. Pursuant to § 10 para. 1 of the Articles of Association of Bionorica SE, the Executive Board manages the company and conducts its business on its own responsibility and in accordance with the law, the Articles of Association, the Rules of Procedure and the Executive Organization Chart. Pursuant to § 10 para. 2 of the Articles of Association of Bionorica SE and § 14 of the Rules of Procedure for the Supervisory Board, the approval of the Supervisory Board must be obtained in advance by resolution for various transactions and actions by the Executive Board. The Supervisory Board may also determine that other transactions may only be carried out with its consent.