Leipzig International School Stiftung Leipzig International School Leipzig International School Parent Information Evening 8 January 2018

Changes in Legal Status Stiftung Leipzig International School Changes in Legal Status State Supervisory Authority – Stiftungsaufsicht Members Registered Association (eV) School Stiftung (Charitable Trust) School GmbH (Ltd.) Management Board Board Management Head of School Commercial Director 8 January 2018

Reasons for change Members of eV had the legal power to e.g. THEN NOW Members of eV had the legal power to e.g. Sell the school buildings Change to nature of the school Replace the Head of School Legal responsibility for day- to-day management of the school The Board Board of the Stiftung must implement the statutory purposes, therefore Cannot change nature of the school Supervision by Stiftungsaufsicht Legal responsibility for day-to- day management of the school Head of School and Commercial Director Supervision by Board of Stiftung 8 January 2018

Statutory purposes of Stiftung Zweck der Stiftung ist die Förderung von Erziehung, Volks- und Berufsbildung sowie der internationalen Gesinnung und des Völkerverständigungsgedankens. Die Stiftung dient der sozialen Inklusion, der interkulturellen Verständigung, der internationalen Bildung und damit der persönlichen Entwicklung und dem Wohl des einzelnen Kindes bzw. Jugendlichen, ihrer Lehrerinnen und Lehrern bzw. Erzieherinnen und Erziehern in Bildungseinrichtungen in einem international ausgerichteten Umfeld. The purpose of the foundation is the promotion of education, of cultural and vocational training, and of an international mindset and the concept of international understanding. The Foundation serves the purposes of social inclusion, of intercultural understanding, of international education and thus of the personal development and well-being of the individual child or adolescent, their teachers or educators in educational institutions in an internationally oriented environment. 8 January 2018

…. By means of Support for international schools and for early childhood centres operated by LIS GmbH Material and financial support for the social inclusion of children in LIS Support for initiatives and projects for the establishment of international schools and early childhood centres Support for other educational institutions to carry out their educational mission Maintenance and further development of an international schooling and educational profile, also in cooperation with international educational institutions and accreditation bodies Development of pedagogical concepts as well as further education offers for school authorities, principals, teachers and educators within the framework of the foundation's purpose Promotion of non-public schooling ideelle und materielle Förderung internationaler Schulen und von Kindertagesstätten in Trägerschaft der Leipzig International School gGmbH .... Förderung der sozialen Inklusion von Kindern in den Einrichtungen der Tochtergesellschaften, Unterstützung von Initiativen und Vorhaben zur Errichtung internationaler Schulen & Kindertagesstätten, Unterstützung anderer Bildungseinrichtungen zur Verwirklichung ihres Bildungsauftrags im Rahmen des Stiftungszwecks, Pflege und Weiterentwicklung eines internationalen Schul- und Bildungsprofils, ....., Erarbeitung pädagogischer Konzepte sowie von Fortbildungsangeboten für Schulträger, Schulleiter, Lehrer und Erzieher im Rahmen des Stiftungswecks, Förderung des Schulwesens in freier Trägerschaft. 8 January 2018

Endowment of the Stiftung € 50.000 contributed by DHL GmbH Leipziger Stadtbau AG BMW AG € 12.000.000 in equity contributed by the eV through issue of its share in the GmbH By law, this capital must be maintained. Only the income generated by the capital can be used to pursue the purposes of the Stiftung 8 January 2018

Board Christopher Smith Dr Skadi Beblo Jana Näther Christopher Smith WAS NOW Christopher Smith Dr Skadi Beblo Jana Näther Christopher Smith Dr Skadi Beblo Jana Näther Elke Urban (School Founder) Elio Curti Patrik Fahrenkamp Axel Möring 8 January 2018

Rights and responsibilities of the Board Ensure that the Stiftung and its endowment are managed in accordance with the law and the Statutes Approve annual financial statements, budgets and long-term plans Select Head of School and Commercial Director, approve other senior appointments Advise school management, but do not interfere with the running of the school 8 January 2018

Board Code of Conduct Aim to achieve unanimity Board members not to deal with the school, parents and staff individually No promotion of personal interests as a parent Compliance with requirements of accrediting organisations Promote the interests of the school vis-à-vis 3rd parties Derive no material gain Maintain confidentiality 8 January 2018

What will change? Before After Board selects Head of School and approves other major appointments No change Board has oversight over school finances Fees agreed by Board Head of School responsible for running the school School contracts and teacher contracts signed by Board … now signed by Head of School / Commercial Director Members of e.V. could have terminated school, sold off property, replaced Head of School Stiftung bound by law and Statutes, supervised by Stiftungsaufsicht. Purpose cannot be changed 8 January 2018

Stiftung Leipzig International School Questions? 8 January 2018