Corporate Governance

Public companies are increasingly expected to state clearly their corporate governance principles and to what extent those principles are implemented. As a company listed on the Budapest Stock Exchange, we are highly committed to meeting these expectations and legal and stock exchange requirements, within the rational limitats of the relatively small size of the Company.

On January 18, 2018, Graphisoft Park SE received the Mid-Cap Special Issuing Transparency Prize of the Budapest Stock Exchange.

The Statutes of Graphisoft Park SE provides as governing bodies the general meeting of shareholders and the Board of Directors (single-tier system). Under the single-tier system, the SE is managed by the Board of Directors. The members of the Board of Directors have the power to represent the company in dealings with third parties. Under the single-tier system the Board of Directors may delegate the power of management to one or more of its members. The independent members of the Board of Directors form the Audit Committee.

Download Articles of Association.

Board of Directors

The Board of Directors is responsible for the Company's management and decides on matters other than those that must be determined by shareholders. The Board of Directors is required to report annually to the shareholders at the annual general meeting of the shareholders and quarterly to the Supervisory Board on the business administration, state of assets and business policy of the Company.

Pursuant to the Company's Articles of Association, the Board of Directors consists of a minimum of 5 and a maximum of 11 members elected at the annual general meeting of the shareholders for a term not to exceed of 6 years. Presently Graphisoft Park SE operates with 6 members of Board.

Meetings of the Board of Directors are held at least four times a year. Meetings of the Board of Directors require the presence of 3 for a quorum. Each member has one vote. The Board of Directors passes resolutions by simple majority vote.

Members of Board:

Gábor Bojár – Chairman of Board application/pdf icon CV (download in PDF format)
Péter Hornung - Member of Board application/pdf icon CV (download in PDF format)
János Dr. Kálmán – Member of Board application/pdf icon CV (download in PDF format)
János Kocsány – Member of Board application/pdf icon CV (download in PDF format)
György Dr. Martin-Hajdu – Member of Board application/pdf icon CV (download in PDF format)
András Szigeti – Member of Board application/pdf icon CV (download in PDF format)

Audit Committee

The Audit Committee assists in the appointment of independent auditors to be elected by the annual general meeting and reviews the scope of external audit services. It must pre-approve all audit and non-audit services to be performed by the external auditor. The Audit Committee also reviews the annual financial statements of Graphisoft Park, taking into account the results of the audits and reviews performed by the independent auditors. The Audit Committee also reviews financial reports submitted to the stock exchanges, banks and regulatory bodies. The Audit Committee shall have as many as necessary but at least four meetings each year. Audit Committee members are appointed from the independent members of the Board of Directors by the general meeting of the company.

Members of Audit Committee:

  • János Dr. Kálmán
  • György Dr. Martin-Hajdu
  • András Szigeti

Management

  • János Kocsány – CEO of Graphisoft Park SE and General Manager of all subsidiaries
  • Zsuzsa Pálfalvi – General Manager of Graphisoft Park Services Kft.