According to Article 161 of the German Stock Corporation Act, the Board of Management and the Supervisory Board, of a listed company have to declare in public, whether they comply to the guidelines and recommendations of the German Corporate Governance Code or which recommendations they do not follow.

On October 08, 2012 the Management Board and Supervisory Board of Funkwerk AG made the following updated declaration of compliance with § 161 of the German Stock Corporation Law: