Organizational Structure (Prospectus Excerpt)
Last updated
Last updated
The DeXentra Group is currently composed of DeXentra GmbH, the principal corporate entity based in Zug, Switzerland, and an operational subsidiary incorporated in Delaware, USA: Enhanced Petroleum One LLC.
DeXentra GmbH will serve as the nerve center for the Group as it grows, overseeing critical strategic and select operational functions. Its responsibilities encompass setting the overarching company direction and ensuring robust corporate governance. This includes the management of major financial decisions, which are crucial for sustaining growth and maintaining financial health. Strategic oversight of compliance and global risk management also falls under the purview of the headquarters, ensuring that all group activities adhere to international and local regulations while mitigating potential risks.
The issuer currently expects that quotaholders of DeXentra GmbH will vote to convert DeXentra GmbH into an Aktiengesellschaft (AG), with such conversion being expected to take effect in 2025.
In addition to these core responsibilities, DeXentra GmbH handles branding and marketing to maintain a coherent and powerful brand image globally. It sets standards and develops IT solutions that support the group's operations worldwide.
Furthermore, all product conception, development, and ownership are centralized at the headquarters, facilitating innovation and consistency across the product lifecycle.
DeXentra GmbH's operational company in the United States Enhanced Petroleum LLC focuses primarily on executing local operations. This entity is responsible for the day-to-day operational tasks including managing production and growth within oil and gas partnerships, quality assurance, local compliance and legal management, which are tailored to meet the specific regulatory requirements of the United States. Financial management at the subsidiary level is closely aligned with the strategic frameworks set by DeXentra GmbH, allowing for localized financial planning and execution that support overall corporate objectives. Customer support is also managed locally to ensure responsiveness and a high level of service adapted to the needs of regional markets.