The Board of Directors has set up the following permanent specialist Committees: Audit Committee, Finance Committee, Compensation Committee, and Nominations Committee.

The terms of all of the various Committee members will expire on Tuesday, May 8, 2018, on the date of the Ordinary Shareholders’ Meeting. They will be renewed for a two-year period ending on the date of the Ordinary Shareholders’ Meeting in 2020.

As at December 31, 2017, the composition of the four Board Committees 2017 was as follows:

 

 

Audit Committee

 

Finance Committee

 

Compensation Committee

 

Nominations Committee

Mr. Nicolas Boël

 

 

 

Chairman

 

Chairman

 

Member

Mr. Jean-Pierre Clamadieu

 

 

 

Member

 

 

 

 

Mr. Bernard de Laguiche

 

Member

 

Member

 

 

 

 

Mr. Denis Solvay

 

 

 

 

 

Member

 

Member

Prof. Dr. Bernhard Scheuble

 

Chairman

 

 

 

 

 

 

Mr. Charles Casimir Lambert

 

Member

 

 

 

 

 

 

Mr. Hervé Coppens d'Eeckenbrugge

 

Member

 

Member

 

 

 

 

Mr. Yves-Thibault de Silguy

 

 

 

Member

 

Member

 

Chairman

Mrs. Evelyn du Monceau

 

 

 

 

 

Member

 

Member

Mrs. Françoise de Viron

 

 

 

 

 

Member

 

Member

Mrs. Amparo Moraleda Martinez

 

 

 

 

 

Member

 

Member

Mrs. Rosemary Thorne

 

Member

 

 

 

 

 

 

Mr. Gilles Michel

 

 

 

Member

 

 

 

 

Mrs. Marjan Oudeman

 

Member

 

 

 

 

 

 

The composition, role, responsibilities, and procedures of these four boards are described in an Appendix to the Charter.