Governance

Chaired by Didier Michaud-Daniel, the Advisory Board is composed of nine members, including one representative from EQT, one from DIF Capital Partners, and one from PGGM. The board meets at least ten times a year and is responsible for making decisions on key strategic aspects of the Saur Group’s activities. Its decisions are distinct from, and complementary to, those made by the Supervisory Board.

Didier Michaud-Daniel

Chairman

Jürgen Rauen

Member

David Bird

Member

Jean-Francois Cirelli

Member

Delphine Gény-Stephann

Member

Patrick Jaslowitzer

Member

Thierry Mallet

Member

Didier Michaud-Daniel

Member

Thomas Vieillescazes

Member

Martijn Verwoest

Member

The six members of the audit committee meet at least twice per year. Its core mission is to examine the financial statements to ensure that the financial information they contain is truthful and that the company’s internal compliance systems are effective. It inspects treasury management, supervises Group risk management and examines disputes or arbitrations above a certain threshold.

Delphine Gény-Stephann

Chairman and Member

David Bird

Member

Didier Deloffre

Member and Employees' Representative

Patrick Jaslowitzer

Member

Thomas Vieillescazes

Member

Martijn Verwoest

Member

The appointments and remuneration committee meets at least twice per year. Its mission is to advise on the appointment, dismissal and remuneration (including bonuses and benefits of any kind) of the Chairman and members of the executive committee, and any other Group employee whose gross fixed annual salary exceeds a certain threshold. It is also consulted regarding the underlying principles of the Group remuneration policy, the implementation of any profit-sharing plan for Group employees, and the mandatory annual pay negotiations. It has five members.

Jürgen Rauen

Chairman and member

Didier Michaud-Daniel

Member

Jean-François Cirelli

Member

Patrick Jaslowitzer

Member

Thomas Vieillescazes

Member

Martijn Verwoest

Member