Corporate Governance

VION Food Group is a large company. VION is not a listed company but has many social interests. Because of this, VION Food Group is committed to the Corporate Governance Code that listed companies are legally obliged to adhere to.

VION Food Group (VION N.V.) is a Dutch limited company. The company is managed by a Board of Management under the supervision of an independent Supervisory Board.
The company is a closed public liability company. The General Shareholders' Meeting has far-reaching powers. For example, it appoints the members of the Board of Management and the Supervisory Board. The General Meeting of Shareholders appoints the Supervisory Board and the Board of Management on the basis of a binding recommendation by the Supervisory Board.

VION N.V. has one shareholder, the Southern Agriculture and Horticulture Organisation (ZLTO), an association of agricultural contractors in the Southern Netherlands. VION is a strategic stakeholding for ZLTO, which serves the long-term interests of its members.

ZLTO attaches great importance to the continuity of the company. The formal authority and direct influence have been transferred to an institutional administration office. The decision-making process is organised in such a way that both the interests of the company and shareholder are protected. This is based on the principles of good corporate governance.


	Corporate Governance VION Food Group is a large company. VION is not a listed company but has many social interests. Because of this, VION Food Group is committed to the Corporate Governance Code that listed companies are legally obliged to adhere to. VION Food Group (VION N.V.) is a Dutch limited company. The company is managed by a Board of Management under the supervision of an independent Supervisory Board. The company is a closed public liability company. The General Shareholders' Meeting has far-reaching powers. For example, it appoints the members of the Board of Management and the Supervisory Board. The General Meeting of Shareholders appoints the Supervisory Board and the Board of Management on the basis of a binding recommendation by the Supervisory Board. VION N.V. has one shareholder, the Southern Agriculture and Horticulture Organisation (ZLTO), an association of agricultural contractors in the Southern Netherlands. VION is a strategic stakeholding for ZLTO, which serves the long-term interests of its members. ZLTO attaches great importance to the continuity of the company. The formal authority and direct influence have been transferred to an institutional administration office. The decision-making process is organised in such a way that both the interests of the company and shareholder are protected. This is based on the principles of good corporate governance.