The Audit Committee

Missions:

  • Financial statements: review draft annual and half year financial statements, the activity and earnings report, oversee the relevance of accounting principles and rules, etc.
  • External control: appoint the Statutory Auditors; arbitrate disagreements between the Statutory Auditors and management, etc.
  • Internal control: evaluate the effectiveness and the quality of the Group’s internal control systems and procedures; internal control of the Company, etc.
  • Risks: financial position, cash position, significant risks and commitments of the Group.

Members :

Strategy, Investment and Technology Committee

Missions :

  • Give its opinion on the Group’s main strategic guidelines,
  • Make recommendations on all plans for external and internal growth, disposals, strategic agreements, alliances or partnerships,
  • Give its opinion on issues involving the creation and updating of industrial equipment, procurement policy and real estate projects.

Members:

The Nomination and Compensation Committee

Missions :

  • Examine all applications for appointment to a position as Director or Observer to the Board before submission to the Shareholders’ Meeting, and formulate an opinion and/or a recommendation,
  • As their term of office nears the end, prepare recommendations for the succession of the Chairman of the Board of Directors and the Executive Vice President & Chief Operating Officer.

Preparing recommendations related to:

  • the pensions and benefits system, benefits in kind and miscellaneous pecuniary rights allocated to the Chairman and the Vice-Chairman of the Board,
  • compensation of Board members,
  • share subscription or purchase options and free shares allocated to the Executive Vice Presidents.

Members :

*Independent director

The Committee for Ethics, the Environment and Sustainable Development

This Committee works on issues relating to ethical principles and oversees moral conduct within the Group.

Missions:

  • Ensure respect for the individual and collective values on which the company bases its actions and for the rules of conduct that each of its employees must apply,
  • Ensure the necessary procedures are put in place, disseminated and applied to update the charters in force in the Group.

Members :

*Independent director