Committed to openness and transparency
Dufry is committed to good Corporate Governance, Openness and Transparency for the benefit of shareholders, customers, business partners and employees. In this section you can find all the information relating to the structure of the company, how it is run and governed, and how this is regulated.
This Report is prepared in accordance with the Corporate Governance Directive (DCG) of SIX Exchange Regulation. All information within this Corporate Governance Report and within the Remuneration Report refers to the Company Organization, Internal Regulations and Articles of Incorporation that were in effect as of December 31, 2021 (if not specifically mentioned otherwise).
Dufry engages with shareholders, analysts and investors on a regular basis to better understand their expectations, needs and concerns as part of the company’s stakeholder dialogue strategy and its ESG engagement. Such feedback received is taken into consideration when evolving the company strategy as well as corporate governance and remuneration matters. In this context, management and the investor relations team had more than 1,700 contacts with equity and debt investors, analysts and rating agencies in the form of personal meetings, video conferences, calls and emails in 2021.
The COVID-19 pandemic continued to impact the organization and conduct of the Annual General Meeting of Shareholders in 2021, as well as the physical attendance of members of the Board of Directors at its meetings and at meetings of the Board Committees. The specific details are explained in the respective sections.
Dufry Code of Conduct
The Dufry Code of Conduct outlines Dufry's standards of ethical conduct around the world. The Code of Conduct requires all employees and officers to follow the principles outlined in the document in their interactions with colleagues, customers, business partners and other stakeholders.
For an overview of the management organizational chart and operational Group structure, please click here.
Listed company as of December 31, 2021
Dufry AG, Brunngässlein 12, 4052 Basel, Switzerland
(hereinafter “Dufry AG” or the “Company”)
Registered shares: SIX Swiss Exchange
Market Capitalization based on shares issued
CHF 4,099,484,866 as of December 31, 2021
Percentage of shares held by Dufry AG
0.01 % of Dufry AG share capital as of December 31, 2021
ISIN-Code CH0023405456, Swiss Security-No. 2340545, Ticker Symbol DUFN
As of December 31, 2021, the Company’s capital structure is as follows:
Ordinary share capital
CHF 453,985,035 (nominal value) divided in 90,797,007 fully paid registered shares with nominal value of CHF 5 each
Conditional share capital
CHF 45,398,500 (nominal value) divided in 9,079,700 to be fully paid registered shares with nominal value of CHF 5 each
Further details regarding these shareholders and shareholder groups as well as additional information regarding the individual disclosure notices in 2021 are available on the website of SIX Exchange Regulation at:
Unsponsored American Depositary Receipts
Dufry AG (“Dufry”) does not sponsor, participate in or assist any American Depositary Receipts (“ADRs”) program. ADR holders are not Dufry shareholders and are not entitled to the same rights as holders of bearer shares or registered shares.
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