Areva - Reference Document 2016

16

FUNCTIONING OF CORPORATE BODIES

16.1. FUNCTIONING OF MANAGEMENT

151

16.4. REPORT OF THE CHAIRMAN OF THE BOARD OF DIRECTORS ON GOVERNANCE AND INTERNAL CONTROL AND RISK MANAGEMENT PROCEDURES

16.2. FUNCTIONING OF THE BOARD OF DIRECTORS

152

153

16.3. FUNCTIONING OF THE COMMITTEES

16.5. REPORT OF THE STATUTORY AUDITORS

INSTITUTED BY THE BOARD OF DIRECTORS

153

PREPARED PURSUANT TO ARTICLE L. 225-235 OF THE FRENCH COMMERCIAL CODE

153

16.1.

FUNCTIONING OF MANAGEMENT

The Chief Executive Officer is responsible for the company’s management and represents the company in its relations with third parties. Full powers are vested in him to act on behalf of the company in all circumstances, except for powers attributed by law to the Board of Directors and to the Shareholders, and as stipulated in the company’s own rules of governance. The Chief Executive Officer reports on major events in the group at each meeting of the Board of Directors.

The Chief Executive Officer is supported by an Executive Committee in which all of the group’s businesses are represented. Since July 1, 2016, AREVA has been organized into two separate operating entities, New AREVA Holding (hereinafter called “NewCo”) and AREVA NP, each with an Executive Committee in charge of steering operations.

151

2016 AREVA REFERENCE DOCUMENT