BPCE - 2018 Registration document
REPORT ON CORPORATE GOVERNANCE Corporate Governance Code
STATEMENT OF COMPLIANCE WITH AFEP-MEDEF CODE RECOMMENDATIONS (1) ➡ Responsibilities of the Board of Directors
Recommendations implemented Recommendations implemented
Board of Directors: governing body
Diversity of governance organizational methods
N/A
Board of Directors and communication with shareholders and markets Board of Directors and Annual General Shareholders’ Meeting
Recommendations implemented Recommendations implemented Recommendations implemented Recommendations implemented
Composition of the Board of Directors: guidelines Employee and employee shareholder representation
Recommendations partly implemented (not followed regarding proportion of independent directors on the board)
3
Independent directors
Evaluation of the Board of Directors Board and Committee Meetings Directors’ access to information
Recommendations implemented Recommendations implemented Recommendations implemented Recommendations implemented
Training for directors
Recommendations partly implemented (not followed regarding the six-year term)
Directors’ terms of office
Board Committees: General principles
Recommendations implemented
Recommendations partly implemented (not followed regarding proportion of independent directors on the committee) Recommendations partly implemented (not followed regarding proportion of independent directors on the committee) Recommendations partly implemented (not followed regarding proportion of independent directors on the committee)
Audit Committee
Committee responsible for appointments
Committee responsible for pay
Number of terms for company directors and directors
Recommendations implemented Recommendations implemented Recommendations implemented Recommendations implemented
Director ethics and compliance
Director pay
Termination of employment contract for Corporate Office
Shareholding obligation of company directors
N/A N/A
Entering a non-compete agreement with a company director
Company director pay
Recommendations implemented Recommendations implemented Recommendations implemented Recommendations implemented
Transparency regarding company director pay
Consulting shareholders on individual pay for company directors
Implementation of recommendations
BPCE has implemented the provisions of the AFEP-MEDEF Code, adapting them to its Management Board/Supervisory Board governance model. (1)
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Registration document 2018
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