Report
Expert Corporate Governance Service (ECGS)
EUR 500.00 For Business Accounts Only

Deutsche Telekom, March 28, 2019

Item 5: PwC, Frankfurt am Main, is proposed as auditor for the current financial year.  We have no concerns over the ratio of non-audit/audit fees. However, we note that PwC has audited the Company since the financial year 1996 which exceeds our maximum acceptable term of office. We therefore recommend opposing the re-election of PwC as auditor.

Underlying
Deutsche Telekom AG

Deutsche Telekom is engaged in the telecommunications services and information technology sectors. Co. operates as an integrated telecommunications provider. It is organized into four operating segments: Germany, Europe, and the United States; and Systems Solutions, as well as Group Headquarters and Shared Services. Co. provides fixed-network lines, broadband lines and mobile communications. Co. also provides customized Information and Communication Technology (ICT) solutions for corporate customers under the T-Systems brand. The Group Headquarters and Shared Services segment comprises cross-segment management functions, real estate services, and mobility solutions, among others.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

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Expert Corporate Governance Service (ECGS)

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