Corporate structure

Sanitas Krankenversicherung (foundation) holds the entire shares of Sanitas Beteiligungen AG (holding company), which in turn holds all the shares of the operational companies. Additionally, Sanitas Beteiligungen AG (holding company) has shares in other companies, including a 33,3% share in Sanacare AG which specialises in managed care models. None of the shares of the above companies are traded on the stock exchange. In its desire to act as a corporate role model, Sanitas has professionalised and strengthened the governance of the Sanitas Group in areas including transparency, independence and integrated risk management. Special attention is devoted to personal independence. Accordingly, every member of the board of trustees and board of directors must issue a public declaration stating his or her independence of any other organisation or company.

Sanitas Krankenversicherung (foundation) holds the entire shares of Sanitas Beteiligungen AG (holding company). The Sanitas Krankenversicherung (foundation) board of trustees currently comprises 15 members. Members of the board of trustees are elected for a term of one year.

The board of directors of the Sanitas companies has formed three committees from among its members: the Nomination & Compensation Committee, the Audit and Risk Committee and the Business Development Committee.

The Nomination & Compensation Committee prepares business to be decided by the full board of directors. Where necessary, it proposes motions regarding the definition of the processes for recruiting and evaluating the board of directors, CEO and executive board, the CEO’s annual performance appraisal, preparation and annual review of the remuneration model, and staff and succession planning.

The Audit and Risk Committee prepares business to be decided by the full board of directors. Where necessary, it proposes motions regarding the accounting set-up, the management of equity capital, financial controlling and financial planning, the consolidated financial statements of the Sanitas Group, budgeting, investment strategy and investment regulations, corporate governance, risk management, data protection and information security policy, and assessing the effectiveness of the control and risk management systems. The Audit and Risk Committee also fulfils the following tasks independently: management of the internal audit and co-operation with external auditors.

The Business Development Committee prepares business to be decided by the full board of directors. Where necessary, it proposes motions regarding all matters relating to the digitisation of the Sanitas Group.

Members of the board of directors of the Sanitas companies Sanitas Beteiligungen AG (holding company), Sanitas Grundversicherungen AG, Sanitas Privatversicherungen AG, Sanitas Management AG: