Infrastructure for energy storage and distribution

Corporate Governance

The Supervisory Board, which represents the limited partner shareholders, is tasked with the continuous oversight of the Company’s Management.
It is the legal review body, alongside the Statutory Auditors, and as such has the same powers.

FUNCTIONS

The Supervisory Board:

  • examines the separate and consolidated financial statements prepared by Management (interim and annual);
  • assesses the quality of financial information;
  • assesses the internal control and risk management systems, and approves the report of its Chairman presented to the Shareholders’ Meeting;
  • monitors respect for the rights of shareholders.

The Board is kept regularly informed of developments in each business division, its outlook, and of the strategy set by the Management.

To carry out its duties, the Supervisory Board is assisted by an Accounts and Risk Monitoring Committee and a Compensation and Appointments Committee.

COMPOSITION

The members of the Supervisory Board are selected by the Compensation and Appointments Committee, on the basis of their experience and independence, and in compliance with legal rules governing gender equality. They are appointed by the Shareholders’ Meeting; the General Partners may not vote on their appointment.

Following the Shareholders’ Meeting of June 9, 2016, the Supervisory Board had 13 members, 5 of whom were women. Eight members are qualified as independent, a rate of 61.5%.

Oliver Heckenroth
Chairman

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

Term expires:
OGM 2020

Also member of the Accounts and Risk Monitoring Committee / member of the Compensation and Appointments Committee

Claudine Clot

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

Term expires:
OGM 2019

Marie-Hélène Dessailly

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

Term expires:
OGM 2019

Hervé Claquin

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

Term expires:
OGM 2018

Also member of the Accounts and Risk Monitoring Committee

Olivier Dassault

Non-independent member
Date of appointment or renewal of term of office:
OGM 2016

Term expires:
OGM 2019

Laure Grimonpret-Tahon

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

Term expires:
OGM 2018

Maud Hayat-Soria

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

Term expires:
OGM 2019

Also member of the Compensation and Appointments Committee

Chantal Mazzacurati

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

Term expires:
OGM 2019

Also Chairwoman of the Accounts and Risk Monitoring Committee / Chairwoman of the Compensation and Appointments Committee

Olivier Mistral

Non-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

Also member of the Accounts and Risk Monitoring Committee

Alexandre Picciotto

Independent member
Date of appointment or renewal of term of office:
OGM 2017

Term expires:
OGM 2020

Erik Pointillart

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

Term expires:
OGM 2018

Also member of the Compensation and Appointments Committee