{ "docId": "019dd923-5eff-723e-9be7-d26e8b9c7415", "docSlug": "db9dd26ce4c89573", "documentTitle": "2024 Annual Report", "authorId": "TUI-Group", "authorName": "TUI Group", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.777, "pageNumber": 141, "pageCount": 286, "prevPage": 140, "nextPage": 142, "slideType": "table_of_contents", "function": "front_matter", "density": "dense", "nDataPoints": 0, "notes": "This appears to be a page from a corporate annual report.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5eff-723e-9be7-d26e8b9c7415/141", "deckHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415", "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415.json", "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415#slide-141", "components": [ { "bbox": { "h": 0.25, "w": 0.15, "x": 0.03, "y": 0.09 }, "kind": "list", "text": "FINANCIAL YEAR 2024 COMBINED MANAGEMENT REPORT\nCORPORATE GOVERNANCE\n130 Supervisory Board and Executive Board\n134 Corporate Governance Report\n148 Remuneration report\nCONSOLIDATED FINANCIAL STATEMENTS AND NOTES", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "724e47e3-f267-49b5-a87b-9973b8120d72", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.38, "x": 0.61, "y": 0.06 }, "kind": "paragraph", "text": "DIRECTORS' DEALINGS\nThe Company was informed by Mr Sebastian Ebel, Mr Wolfgang Flintermann, Mr Frank Jakobi und Mr Mathias Kiep of notifiable purchase and sale transactions of TUI AG shares or related financial instruments by directors (directors' dealings or managers' transactions) concerning FY 2024. Details are provided on the Company's website.\n\nPurchase and sales transactions by members of the boards are governed by the Group Manual Share Dealings by Restricted Persons, approved by the Executive Board and the Supervisory Board, alongside corresponding statutory provisions. Above all, this provides for an obligation to approve transactions in financial instruments of TUI AG by members of the Executive Board, the Supervisory Board or the Group Executive Committee as well as by persons on the insider lists.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2a1b6705-88d8-4476-a6a3-91cde0e5b38f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.38, "x": 0.21, "y": 0.06 }, "kind": "paragraph", "text": "RISK MANAGEMENT\nGood corporate governance entails the responsible handling of commercial risks. The Executive Board of TUI AG and the management of the TUI Group have comprehensive general and company-specific reporting and monitoring systems available to identify, assess and manage these risks. These systems are continually developed, adjusted to match changes in overall conditions and reviewed by the auditors. The Executive Board regularly informs the Supervisory Board about existing risks and changes to these risks. The Audit Committee contains the report on the accounting-related internal control and risk management system required in accordance with the German Commercial Code (sections 289 (5), 315 (2) no. 5 HGB).", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "bffcb76d-1c7b-42db-acf1-c69da7cccb21", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.6, "w": 0.38, "x": 0.61, "y": 0.32 }, "kind": "paragraph", "text": "ACCOUNTING AND AUDITING\nTUI AG prepares its consolidated financial statements and consolidated interim financial statements in accordance with the provisions of the International Financial Reporting Standards (IFRS) as applicable in the European Union. The statutory annual financial statements of TUI AG, which form the basis for the dividend payment, are prepared in accordance with the German Commercial Code (HGB). The consolidated financial statements are prepared by the Executive Board, audited by the auditors and approved by the Supervisory Board. The interim report is discussed between the Audit Committee and the Executive Board prior to publication. The consolidated financial statements and the financial statements of TUI AG were audited by Deloitte GmbH Wirtschaftsprüfungsgesellschaft, Hanover, the auditors elected by the 2024 Annual General Meeting. The audit was based on German auditing rules, taking account of the generally accepted auditing standards issued by the German Auditors' Institute as well as the International Standards on Auditing. It also covered the risk detection system.\n\nThe Audit Committee has agreed with the auditor that the latter will immediately inform the Audit Committee about all findings and issues of importance for its tasks which come to the knowledge of the auditors during the performance of the audit. Furthermore, it was agreed with the auditors that they inform the Supervisory Board or the Audit Committee and note in the audit report if during the performance of the audit, any facts were identified that indicate an inaccuracy in the Declaration of Compliance regarding the recommendations of the GCGC issued by the Executive Board and Supervisory Board. There were no grounds to provide such information in the framework of the audit of FY 2024.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "db1c2977-01d1-4af0-baba-fb7a57276488", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.38, "x": 0.21, "y": 0.42 }, "kind": "paragraph", "text": "TRANSPARENCY\nTUI provides immediate, regular and up-to-date information about the Group's economic situation and new developments to capital market participants and the interested public. The Annual Report and the Interim Reports are published within the applicable timeframes. The Company publishes press releases and ad hoc announcements, if required, on topical events and any new developments. Moreover, the company website at www.tuigroup.com provides comprehensive information on TUI Group and the TUI share.\n\nThe scheduled dates for the principal regular events and publications – such as the AGM, Annual Report and Interim Reports – are set out in a financial calendar. The calendar is published well in advance and made permanently accessible to the public on TUI AG's website.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fcb95f25-41b7-4c39-93e6-e2ce06386a4f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.08, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "CONTENTS", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "56178b9d-096a-4d37-8786-404bf7439fea", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Executive summary", "slug": "executive-summary", "agent": null, "layer": "slide", "matchId": "aa98d2f5-886a-4c91-8bf4-3c6ff92efdf4", "evidence": "CONTENTS", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 150, "from": 129, "beatId": "343d6614-d2b3-4e04-bc6b-95eb72dcba75", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "The document concludes with information on corporate governance, remuneration, and outlook", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }