126
CORPORATE GOVERNANCE REPORT
II.1.9.
The Cjair of the Executive Board of the
Executive Committee shall sbmit, as applicable, to
the Cjair of the Board of Directors, the Cjair of the
Supervisory Board, the Chair of the Audit committee,
the Chair General and Supervisory Board and
the Chairman of the Financial Matters Board, the
convening notices and minutes of the relevant
meetings.
Adopted
The Chairman of the Executive
Committee makes all the
information about committee
meetings available to the
members of the Board of
Directors and the Audit
Committee.
II.1.10.
If the chair of the board of directors carries
out executive duties, said body shall appoint, from
among its members, an independet member to
ensure the coordination of the work of other non-
executive members and the conditions so that these
members can make independent and informed
decisions or to ensure the existence of an equivalent
mechanism for such coordination.
Adopted
Part I
Numbers 18 and 18.1
of Annex I of this
Corporate Governance
Report
II.2. SUPERVISION
II.2.1.
Depending on the applicable model, the Chair
of the Supervisory Board, the Audit Committee or the
Financial Matters Committee shall be independent in
accordance with the applicable legal standard, and
have the necessary skills to carry out their relevant
duties.
Adopted
Part I
Numbers 32 and 33
of Annex I of this
Corporate Governance
Report
II.2.2.
The supervisory body shall be the main
representative of the external auditor and the first
recipient of the relevant reports, and is responsible,
inter alia, for proposing the relevant remuneration
and ensuring that the proper conditions for the
provision of services are provided within the company.
Adopted
Part I
Numbers 37 and 38
of Annex I of this
Corporate Governance
Report
II.2.3.
The Audit Committee shall evaluate the
external auditor on an annual basis and propose to
the competent body its dismissal or termination of
the contract as to the provision of their services when
there is a valid basis for said dismissal.
Adopted
Part I
Numbers 37.38. and 45.
of Annex I of this Corporate
Governance Report
