Results of the application of the Board of Directors’ diversity policy in 2024
Activities of the Board in 2024
Active and hardworking, the Board of Directors met seven times in 2024, with an average participation rate of 95%. It dedicated most of its work to 1. Group strategy, including sustainability strategy, performance and organization, 2. governance, 3. risk monitoring, 4. analyzing accounts, 5. talent management , as well as 6. compensation of executive corporate officers.
Group strategy and organization, CSR
- Monitoring of the Group’s medium-term strategic direction
- Acquisition strategy and monitoring acquisitions and post-acquisition integration
- Review of the main changes in markets, technology, and the competitive environment
- Monitoring of the strategy, particularly in the manufacturing sector, regarding Intelligent Industry, regarding sustainability and Generative AI offerings, and monitoring of strategic priorities in the American market
- Update of the Group’s mid-term ESG priorities as part of the update of the ESG policy
- Monitoring of the roll-out of the Group’s CSR strategy, including the climate strategy
Group performance
- Group performance and activities
- Monitoring customer satisfaction
Governance
- Reappointment of the Chief Executive Officer
- Changes in the composition of the Board and its committees
- Preparation of the Shareholders’ Meeting
- Internal assessment of the Board
- Monitoring of dialogue with shareholders and proxy advisors
- Review of the Executive Corporate Officer succession process and the emergency succession process
- Role of the Audit & Risk Committee with regard to sustainability reporting
- Review of the Board of Directors’ Charter and the Audit & Risk Committee Charter
Audit & Risk
- 2023 company financial statements
- 2023 consolidated financial statements and 2024 first-half interim consolidated financial statements
- Risk monitoring (including mapping)
- Internal control and internal audit
- Monitoring of the Group’s various ethics and compliance actions
Finance
- Budget
- Financial communication
- Share buyback program
- Sureties, endorsements, and guarantees
Talent management, diversity and compensation
- Monitoring of Group talent management
- Diversity policy for management bodies
- Monitoring of the Group executive succession process excluding the Chief Executive Officer and preparation of potential executives
- Compensation of Executive Corporate Officers and Directors and the equity ratio
- Performance share and free share grants
- New employee share ownership plan