Corporate Governance Report
II.1.8
When board members that carry out
executive duties are requested by other
board members, shall provide the information
requested, in a timely and appropriate manner
to the request.
Adopted
The Executive
Committee makes
all the requested
information
available at
all time to the
members of the
other corporate
bodies.
II.1.9
The Chairman of the Executive Board
of the Executive Committee shall submit, as
applicable, to the Chairman of the Board of
Directors, the Chairman 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 independent 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
Number 18 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 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 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 this
Corporate
Governance
Report.
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