Infrastructure for energy storage and distribution

Corporate Governance

The Accounts and Risk Monitoring Committee assists the Supervisory Board in its task of continuous oversight of the Company’s Management.

FUNCTIONS

The role of the Accounts and Risk Monitoring Committee is to:

  • examine the financial statements for consistency of methods, quality of data and completeness, and to ensure that they give a true and fair view of the Company;
  • monitor internal control procedures and risk exposure in respect of accounting, financial and extrafinancial matters (whose ethical and CSR matters);
  • make recommendations to the Supervisory Board on the selection of Statutory Auditors and assist the Supervisory Board in monitoring compliance with the rules guaranteeing the independence and objectivity of the Statutory Auditors.

The members of the Accounts and Risk Monitoring Committee have access to the same summary documents as the Statutory Auditors.

Since it was established, the Accounts and Risk Monitoring Committee has met at least twice a year to examine the financial statements, and once a year to review risk assessment and risk management.

COMPOSITION

Rubis’ Accounts and Risk Monitoring Committee is composed of 4 members of the Supervisory Board, 2 of whom are qualified as independent in accordance with the criteria of the Afep-Medef Corporate Governance Code, and all of whom have expertise in the fields of accounting and finance by virtue of their roles in banking institutions or as company Managers. The Chairman (who is independant) has the casting vote.

Chantal Mazzacurati
Chairwoman

Independent member
Date of appointment or renewal of term of office:
OGM 2016

Term expires:
OGM 2019

Also Chaiwoman of the Compensation and Appointments Committee

Oliver Heckenroth

Non-independent member
Date of appointment or renewal of term of office:
OGM 2017

Term expires:
OGM 2020

Also Chairman of the Surpervisory Board and member of the Compensation and Appointments Committee

Hervé Claquin

Independent member
Date of appointment or renewal of term of office:
OGM 2015

Term expires:
OGM 2018

Christian Moretti

Non-independent member
Date of appointment or renewal of term of office:
OGM 2017

Term expires:
OGM 2020

Marie-Hélène Dessailly

Independent member
Date of appointment or renewal of term of office:
OGM 2016

Term expires:
OGM 2019