The Corporate Governance Rating Report, prepared in accordance with the Corporate Governance Principles of the Capital Markets Board (CMB) which was published in January 2014 and according to the Rating for Compliance with Corporate Governance Principles Agreement signed between ASELSAN and Saha Kurumsal Yönetim ve Derecelendirme Hizmetleri A.Ş. (SAHA), which was authorized with respect to Capital Markets Board's (CMB) Communiqué on Principles Regarding the Rating Activities and Rating Institutions in Capital Markets, has been completed. Our rating, which had been confirmed as 9.09 over 10 on 12/12/2014, has been revised as 9.13 as of 11/12/2015. The increase of the rating is the outcome of ASELSAN's placing importance on Corporate Governance Principles, the willingness to keep this process continuous and dynamic and the enhancements made accordingly. ASELSAN, having started its Corporate Governance Rating journey with the second best start-up note in 2012, is carrying its note forward every year, as an indicator of the importance placed on this issue.
Our company's revised notes over 100 has been determined as:
Public Disclosure and Transparency
Board of Directors
These notes indicate that ASELSAN performs very good in terms of Capital Markets Board's corporate governance principles, it has deployed necessary policies and measures, it has created and operated management and internal control systems effectively, it has identified and actively managed most of the corporate governance risks, the rights of shareholders and stakeholders has been protected fairly, public disclosure and transparency activities and the structure and operation of board of directors has been at best practice level.
Corporate Governance Rating Report