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Charter

Corporate governance

Corporate governance is an important tool for continuously improving the governance of the regulated real estate company and for safeguarding the interests of shareholders. Vastned Belgium uses the Belgian Corporate Governance Code 2020 as its reference code and applies the Law of April 6, 2010 amending the Companies Code. Vastned Belgium's corporate governance principles have been laid down by the board of directors in a number of guidelines.

Deviations from the provisions of the Belgian Corporate Governance Code 2020 are only made when specific circumstances so require. In this case, the deviation is explained in accordance with the 'comply or explain' principle. The complete 'Corporate Governance Charter' describing the main internal regulations of Vastned Belgium's management bodies can be consulted (in Dutch) below:

Charters

Check out our other policy information here:

  • Coordinated Articles of Association

    The coordinated Articles of Association of Vastned Belgium can be found here (in Dutch).

  • Code of Conduct employees

    Vastned Belgium has drawn up a code of conduct that applies to all employees, as well as the members of the executive committee, the audit committee and the members of the board of directors.

    In principle, the code of conduct also applies to temporary employees and persons who work for Vastned Belgium on a contract basis, which only exist in Dutch, can be found here.

  • Code of Conduct suppliers

    Vastned Belgium has drawn up a code of conduct that applies to all her suppliers. The code of conduct, can be found here.

  • Whistleblower regulation

    Vastned Belgium has introduced a whistleblower scheme. This scheme protects employees who report abuses within the company. The complete text of this regulation, which only exist in Dutch, can be found here.

  • Market abuse

    On 3 July 2016, Regulation EU No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Directives 2003/124/ EC, 2003/125/EC and 2004/72/EC of the Commission (hereinafter referred to as the "Market Abuse Regulation" or abbreviated "MAR") entered into force. Pursuant to the Act dd. On 27 June 2016, which includes the partial implementation of the Market Abuse Regulation, the Act of 2 August 2002 on the supervision of the financial sector and financial services was also amended. The notifications are made public by the FSMA on its website. Vastned Belgium has made a policy regarding market abuse.

    Transactions have to reported to via an online application of FSMA.

    To date, no such notifcations have been reported for Vastned Belgium.

  • Policy to combat fraud, bribery and corruption

    Vastned Belgium is committed to the highest company standards and does not tolerate unethical or unprofessional behaviour, such as fraud, bribery or corruption. Through the link below you can consult the policy to combat fraud, bribery and corruption (in Dutch):

    Anti-Fraud, Anti-Bribery and Anti-Corruption Policy 

  • Diversity policy

    Vastned Belgium strives for a positive and professional working environment in which everyone is treated with respect and dignity. Vastned Belgium wants to create and promote an environment in which all co-workers in the widest sense, with their unique capabilities, strengths and differences, are fully included. Promoting diversity is vital for the long-term success of any company and its employees. That is precisely why Vastned Belgium wants to do its utmost to offer equal opportunities to all employees. You can consult the diversity policy via the link below (in Dutch):

    Diversity policy

  • Data protection policy

    The protection of your personal data is of paramount importance to Vastned Belgium, a public limited liability company under Belgian law with its registered office at 2600 Antwerp (Berchem), Generaal Lemanstraat 74 and with company number 0431.391.860 (hereinafter "Vastned Belgium", "we" or "us"). In this data protection policy (hereinafter "Data Protection Policy"), we describe how we process data relating to you or on the basis of which we can directly or indirectly identify you (hereinafter "Personal Data") as well as what measures we take to protect your Personal Data. You can consult the data protection policy via the link below (in Dutch):

    Data protection policy

  • Prevention and welfare requirements for third-party contracting work

    Any contractor or service provider who performs work on the instructions of Vastned Belgium is always required to comply with all social-law obligations, as listed in title 3.2 of the Supplier Code of Conduct. For all contracting work relating to 'works in immovable property' in the sense of Article 30bis, § 1, 1° of the Act of 27 June 1969 commissioned by Vastned Belgium, every contractor is also required to correctly comply with all safety obligations listed below. You can consult the policy via the link below (in Dutch):

    Healty and safety at work

  • Remuneration policy

    Below you can find the link for the remuneration policy (in Dutch):

    Remuneration policy of Vastned Belgium