EDF / 2019 Universal registration document

4. Corporate governance

Members and functioning of the Board of Directors

Proportion of women on EDF group governing bodies On the date of filing of this Universal Registration Document, the Executive Committee includes twelve members including two women, i.e. a proportion of 16.6% women, this ratio progressing since 2016 (see section 4.3.1 “Members of the Executive Committee”). Several actions have been implemented to increase the proportion of women on the governing bodies and the Boards of Directors of Group companies. Each member of EDF’s Executive Committee mentors women managers or future women managers. Furthermore, women identified as “talents” and who might become managers in the medium-term, benefit from close individual support and specific professionalisation actions, and the related career guidance. Special attention is paid right from the recruitment of employees (see section 3.3.3.1.5 “Diversity and inclusion, Equal access to employment for women and men”).

As regards diversity results in the 10% of highest-responsibility positions (Article L. 225-37-4 (6°) of the French Commercial Code), there were, at the end of 2018 (1) , more than 27% women in the 10% of highest-responsibility positions, 31% women in the manager category and 25% women on the Executive Committees (compared to less than 20% in 2012) (see section 3.3.3.1.5 “Diversity and inclusion, Equal access to employment for women and men”). For executive positions, succession plans are systematically diverse. Following on from these initiatives, the Group made several strong commitments in 2019 via Ambition Mixité ( i.e. Destination Diversity), a plan introduced by the Executive Committee designed to eliminate the “glass ceiling” and allow women managers to gain access to Executive Committees and positions. These objectives are to achieve a proportion of 28% women on Executive Committees in 2023 (27.3% at the end of 2019), 28% women executives and future executives in 2030, and finally increase diversity on the Boards of Directors of Group subsidiaries, with an objective of 40% women Directors appointed by EDF. In 2020, the results of the Ambition Mixité plan will be presented to the EDF Board of Directors and the Board will re-examine the policy of gender diversity in EDF's management bodies, in accordance with Recommendation No. 7 of the AFEP-MEDEF Code.

(1) 2019 figures are not yet available at the date of this Registration Document.

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EDF | Universal registration document 2019

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