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CORPORATE GOVERNANCE
2
Report of the Chairman of the Supervisory Board
2.4
REPORT OF THE CHAIRMAN
OF THE SUPERVISORY BOARD
ON THE CONDITIONS UNDERWHICH THEWORK OF THE SUPERVISORY BOARD
WAS PREPARED AND ORGANISED AND ON THE INTERNAL CONTROL PROCEDURES
IN PLACEWITHIN THE COMPANY
Pursuant to Article L. 226-10-1 of the French Commercial Code,
the Chairman of the Supervisory Board of a French partnership
limited by shares, whose headquarters are located in France
and whose securities are admitted to trading on a regulated
market, must report on the composition of the Board and on the
applicationof theprincipleof balanced representationofmen and
women thereon. TheChairmanmust also report on the conditions
underwhich thework of theBoardof Directors or the Supervisory
Board was prepared and organised and on the internal control
and risk management procedures in place within the Company.
The report was prepared by the Chairman of the Board together
with the Company’s internal departments. It was subsequently
examined by the Audit Committee during its meeting of 6 March
2017.
The report was submitted to the Supervisory Board for approval
on 6 March 2017 and transmitted to the Statutory Auditors.
2.4.1
CONDITIONS FOR THE
PREPARATION ANDORGANISATION
OF THE BOARD’S PROCEEDINGS –
CORPORATE GOVERNANCE
Please refer to section 2.1.3.
COMPOSITION OF THE SUPERVISORY BOARD
Supervisory Board is composed of six members:
Jean-Hugues Loyez, Chairman of the Supervisory Board;
Jean Besson, Chairman of the Audit Committee;
Sophie Etchandy-Stabile;
Marleen Groen, Member of the Audit Committee;
Gérard Hascoët, Member of the Audit Committee;
Philippe Santini.
There was no change in the composition of the Supervisory Board during 2016.
Board member
Nationality
Gender
Independence
status
Audit Committee
membership
Attendance rate
Expiration of
appointment
Jean-Hugues Loyez
French
Male
Independent
No
100%
General Meeting
held in 2018
Jean Besson
French
Male
Not Independent
Yes
100%
General Meeting
held in 2018
Marleen Groen
Dutch
Female
Independent
Yes
86%
General Meeting
on 28 April 2017
Sophie Etchandy-
Stabile
French
Female
Independent
Yes, since 2
February 2017
57%
General Meeting
held in 2018
Philippe Santini
French
Male
Independent
No
86%
General Meeting
on 28 April 2017
Gérard Hascoët
French
Male
Not Independent
No, since 2
February 2017
100%
General Meeting
on 28 April 2017
The Board includes two women and four men, a female/male proportion that is consistent with legal provisions (Art. L. 225-18-1 of the
French Commercial Code).
The members of the Supervisory Board are all French nationals except for Ms Groen, who is Dutch.
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REGISTRATION DOCUMENT
1
ALTAMIR 2016