Infrastructure for energy storage and distribution

Corporate Governance

The Compensation and Appointments Committee, a specialized committee of the Supervisory Board, was established at the Supervisory Board meeting of March 11, 2015.

FUNCTIONS

The role of the Compensation and Appointments Committee is to:

  • ensure the compliance of Management’s fixed compensation in accordance with Article 54 of the Rubis’s by-laws;
  • advise on the variable portion of the Management’s additional compensation;
  • make proposals on the total amount of attendance fees;
  • advise on any proposed reappointment of members of the Supervisory Board, and on any new appointments;
  • issue an opinion on the independence of the members of the Supervisory Board pursuant to the criteria of the Afep-Medef Code;
  • ensure the organization of the Board assessment process which takes place every 3 years;
  • assist the Supervisory Board in drawing up its report on the corporate governance.

COMPOSITION

The Compensation and Appointments Committee has 4 members, 2 of whom are qualified as independent. 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

Chairwoman of the Accounts and Risk Monitoring Committee

Maud Hayat-Soria

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

Term expires:
OGM 2019

Olivier 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 / member of the Accounts and Risk Monitoring Committee

Erik Pointillart

Non-independent member
Date of appointment or renewal of term of office:
OGM 2015

Term expires:
OGM 2018