The Management Board of Energie AG Oberösterreich manages the Group's affairs and represents Energie AG Group externally. In addition to the Austrian Stock Corporation Act (Aktiengesetz), the Commercial Code (Unternehmensgesetzbuch), and the Articles of Association, the actions of the Management Board and Supervisory Board are governed by their respective rules of procedure. The Rules of Procedure of the Management Board regulate the collaboration among the members of the Management Board, the Management Board's information and reporting duties, and transactions that require approval from the Supervisory Board. The Rules of Procedure of the subsidiaries are based on those of the Management Board and contain equivalent provisions. The allocation of portfolios between members of the Management Board is approved by the Supervisory Board and defines the areas of responsibility of the individual members of the Management Board without prejudicing the Board's overall responsibility. The topic of sustainability falls within the responsibility of the full Management Board and is steered by the holding unit Group Strategy as part of the strategy process. As a control body, the Supervisory Board's statutory duties include a review of the non-financial report and presentation of the review's finding to the General Meeting.
Significant changes in the Group structure concerned the dissolution of the holding function Work Safety with effect on 1 October 2020, and the dissolution of the holding function Group IT Governance with effect on 1 July 2021. The responsibilities of the dissolved units were transferred to the holding unit Technical Management (Work Safety) and Energie AG Oberösterreich Business Services GmbH (Business Services GmbH/Group IT Services).