Corporate Governance Report
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 Govern-
ance 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 Corpo-
rate 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 Corpo-
rate 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 Govern-
ance Report.
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