Oversight
We view strong governance as more than just compliance; it is a strategic pillar that protects stakeholder interests, fosters investor confidence, and enables sustainable growth. Through clearly defined structures, independent oversight, and open communication, we ensure that every aspect of our decision-making process aligns with our core values. This culture of oversight reinforces our reputation as a responsible, forward-looking company built on trust and transparency.
Ownership, Control & Transparency
Credence is committed to protecting shareholder rights through clear, fair, and transparent practices. Registration for the general assembly is simple, and all shareholders are encouraged to participate, ask questions, and submit proposals in advance. Meetings are conducted professionally, with the full presence of the Board and external auditor to ensure accountability. Voting is done using transparent procedures. Final voting outcomes and key materials are shared promptly with shareholders and made publicly available.
Credence maintains strong internal controls and a transparent audit process to ensure sound financial oversight and risk management. The Board’s Audit Committee oversees financial reporting, legal compliance, internal and external audits, and overall risk management. An experienced internal auditor monitors daily financial and operational controls, while an independent external auditor is selected through an open process and approved by the general assembly.
We maintain full financial statements in line with International Financial Reporting Standards (IFRS), supported by detailed notes, management analysis, and external auditor opinions to provide a complete picture of our performance. In line with our commitment to transparency, we also disclose the ownership structure of the company, including any beneficial owners holding 5% or more of voting shares and all significant corporate relationships.