SAP Approval Process

The Executive Board of Management of TÜV Rheinland Aktiengesellschaft decided to make certain significant business transactions subject to the prior approval of a decision-making body.

• The business transactions which are subject to approval are specified in the so-called Approval Catalogue (see below).
• A formal approval request must be submitted to and approved by the competent decision-making body prior to adopting any business transaction that is subject to approval in accordance with the Approval Catalogue.
• All approval requests must follow the process set forth in the SOP Approval Process published in ETQ.
• The Approval Catalogue is attached to the SOP Approval Process.
• All approval requests must be exclusively submitted and processed through the SAP-based approval request tool