Pursuant to article 11.3 of the Afep-Medef Code, the Board of Directors conducts an annual self-assessment of its work, reviews the summary and draws conclusions. This assessment is carried out after the end of the financial year in question.
The assesment is carried out with the support of the Secretary General and the Groupe Legal Department. The assessment process is supervised by the Lead Director, who also conducts individual interviews with the Directors. The conclusions of the assessment for financial year 2025 were presented to the Board of Directors on February 2, 2026.
| UNDER THE SUPERVISION OF THE LEAD DIRECTOR | |||||
|---|---|---|---|---|---|
| DEC | DEC/JAN | JAN | FEB | ||
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A questionnaire sent to each Director either in paper form or online |
Individual interviews with Directors who so wish |
Summary of results and comparative analysis with the previous financial year |
Confidential discussion between the Chair of the Nominating Committee and the Lead Director on the actual contribution of each Director |
Individual feedback during interviews or informal meetings conducted by the Lead Director and as needed by the Chairman of the Board to sound opinion on their contribution to the work of the Board |
Presentation of the conclusions of the assessment at a Board meeting, in an anonymized manner in order to guarantee the confidentiality of discussions |
This assessment aims to:
The topics addressed during this assessment of the Board and its Committees are as follows:
The assessment of the Board’s performance for the 2024 financial year highlighted the Directors’ good level of information on the Groupe’s issues, as well as the quality of the dialogue maintained with Senior Management. It confirmed that the Directors believe that they have sufficient means to react in the event of a crisis.
It stressed the need to strengthen information on potential investment opportunities and to further develop exchanges with operational management across a wider scope.
In 2025, an enhanced feedback process on the Groupe’s external growth strategy was put in place and received with complete satisfaction by the Board. The Board praised the quality and regularity of the information provided. Several meetings were organized throughout the year with the Groupe’s main executives, including from the Corporate functions.
