FAQ: The Corporation

When was GF founded?

The company was founded in Schaffhausen, Switzerland in 1802 by Johann Conrad Fischer and became a joint-stock company a hundred years later. GF has been listed on the Swiss Stock Exchange (now SIX Swiss Exchange) since 1903.

How many employees work for GF Corporation?

Year	Number of employees
2022	15’207
2021	15'111
2020	14’118
2019	14'678
2018	15’027
2017	15’835
2016	14’808
2015	14’424
2014	14’140
2013	14’066
2012	13’412
2011	13’153
2010	12’908
2009	12’481
2008	14’326
2007	12’986
2006	12’385
2005	12’403
2004	13’324
2003	13’247
2002	13’737

Where do these employees work?

Country	Percentage
Germany	8
Switzerland	23
Rest of Europe	23
China	23
Rest of Asia	4
Americas	15
Rest of world	4

Which divisions belong to the GF Corporation and what are their core-businesses?

The GF Corporation has three divisions:

GF Piping Systems is a leading supplier of piping systems made of plastics and metal. The division focuses on system solutions and high-quality components for the safe transport of water, chemicals and gases, as well as corresponding services. The product portfolio of fittings, valves, pipes, automation and jointing technologies covers all applications of the water cycle.
GF Casting Solutions is one of the leading solution providers of lightweight components in the mobility and energy industry. As a future-oriented company, GF Casting Solutions acts as a driving force for innovation in the foundry and additive manufacturing world and wants to take the lead in shaping the development of sustainable mobility.
GF Machining Solutions is one of the world’s leading providers of complete solutions to the tool and mold making industry and to manufacturers of precision components. The portfolio includes Milling, wire-cutting, and die-sinking EDM machines. Moreover, the division offers Spindles, Laser texturing, Laser micromachining, Additive Manufacturing, Tooling and Automation, as well as digitalization solutions.

How many sites and production locations does GF have?

The company has 192 sites including 83 production facilities and a direct presence in 39 different countries worldwide.

What are GF’s values?

Performance is about speed and excellence
Learning is about having an open mind
Caring is about being part of team

Who is on the Board of Directors?

The Board of Directors is made up of eight people. Its duties and responsibilities are defined by the Swiss Code of Obligations, the Articles of Association and the Corporation’s own code of conduct and organizational rules.

Board of Directors (20 April 2022)

Name	Born in	Position
Yves Serra	1953	Chairman Board of Directors Chairman of the Nomination and Sustainability Committee
Hubert Achermann	1951	Vice Chairman of the Board of Directors and Independent Lead Director Chairman of the Audit Committee Member of the Nomination and Sustainability Committee
Peter Hackel	1969	Member of the Audit Committee
Riet Cadonau	1961	Member of the Compensation Committee
Roger Michaelis	1959	Member of the Compensation Committee
Eveline Saupper	1958	Chairwoman of the Compensation Committee
Jasmin Staiblin	1970	Member of the Audit Committee
Ayano Senaha	1982	Member of the Nomination and Sustainability Committee

Who belongs to the Executive Committee?

The Executive Committee consists of five members. As President and CEO, Andreas Müller is responsible for the management of the entire GF Corporation and at the same time Head of Corporate Development. He is supported in this by the heads of the three Corporate Groups and the CFO and Head of Corporate Finance and Controlling.

Executive Committee:

Andreas Müller, CEO and at the same time Head of Corporate Development

Mads Joergensen CFO and Head of Corporate Finance and Controlling

Joost Geginat, GF Piping Systems

Carlos Vasto, GF Casting Solutions

Ivan Filisetti, GF Machining Solutions

Does the Board of Directors have any committees to support it and if so, which?

The Board of Directors has set up three standing committees to assist it in the performance of its duties:

The Audit Committee assists the Board of Directors with its auditing work and financial reporting. It monitors all internal and external auditing and evaluates how well the internal controlling system – including risk management and compliance with statutory requirements – is working. The committee is kept informed of all transactions and reads the notes and auditors’ reports of the Georg Fischer Corporation staff pension funds. It also comments on the Corporation’s capital transactions involving both internal and external funds.

Hubert Achermann, Chairman
Peter Hackel
Jasmin Staiblin
The Compensation Committee assists the Board of Directors with the definition of a compensation policy for senior management and decides how members of the Executive Committee are to be remunerated.

Eveline Saupper, Chairwoman
Riet Cadonau
Roger Michaelis

The Nomination and Sustainability Committee supports the Board of Directors in its efforts to nurture the next generation of managers and helps with the selection of suitable candidates for both the Board of Directors and the Executive Committee. It also supports the Board in advising on the sustainability strategy, targets, initiatives and legislation regarding ESG topics.

Yves Serra, Chairman
Hubert Achermann
Ayano Senaha

According to which accounting standards does the GF Corporation prepare its financial statements?

The consolidated statement of the GF Corporation is prepared according to Swiss GAAP FER as of the fiscal year 2013 and complies with the requirements of Swiss law.

Previously the consolidated financial statements were prepared according to IFRS (formerly IAS) between 1993 and the fiscal year 2012.

How can I order a copy of the annual report?

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Daniel Bösiger