Committee practices and operation
Mode of operation
The committees meet at least twice per year at the initiative of their committee chairmen or at the request of the Chairman of the Board of Directors and the CEO. Half of the members must be present for meetings to take place. Each committee chairman sets the agenda for that committee’s meetings.
Practice and consultations
The committees may find it necessary to consult with the Group's management team. They may also delegate their missions to experts. The committees report on their work to the Board of Directors by way of verbal statements, opinions, proposals, recommendations or written reports.
The compensation of directors is proportional to their involvement in the different committees.