The Supervisory Board is composed of at least three members and no more than 18 members. Members of the Supervisory Board are appointed by the General Shareholders’ Meeting. They serve four‑year terms. The General Shareholders’ Meeting may nevertheless appoint or reappoint one or more members of the Supervisory Board for one-, two- or three‑year terms with the sole aim of staggering their terms of office.
As of December 31, 2023, the Supervisory Board had 13 members, including two members representing employees appointed by the Groupe Works Council pursuant to article L.225‑79‑2 of the French Commercial Code. Eight membersare foreign national. It has 45% women and 55% men, and64% are independent members, with the Board membersrepresenting employees not included in the calculation ofthese percentages, pursuant to the law and the Afep‑Medef Code.
Gender parity on the Board(1) | Average age | Diversity(2) | Independent members(1)(3) | Average length of term of office | Employee representation |
---|---|---|---|---|---|
Gender parity on the Board(1) 45% women/55% men |
Average age 65 years |
Diversity (2)73% |
Independent members (1)(3)64% |
Average length of term of office 12 years |
Employee representation 2 members |