The supervisory board of VERBUND AG consists of 14 members. Nine of these are shareholder representatives elected by the general assembly. Five employee representatives are delegates from the works council. The current shareholder representatives were elected by the shareholders at the general meetings on 5 April 2017, on 23 April 2018, on 30 April 2019 and on 16 June 2020.
The supervisory board is an instrument of the shareholder and employee representatives. It serves as an objective control organ for the board's decisions. The basis for the supervisory board's action is formed by Austrian law, in particular the Stock Corporation Act, the articles of association and the rules of procedure for the supervisory board. The latter has expressed its commitment to the Austrian Corporate Governance Codex.