EXEL Industries // 2020 Universal registration document

Report on Corporate Governance

Board of Directors

Composition of the Board of Directors as of January 18, 2021

Independence (MiddleNext Code)

Experience and expertise provided

Expiry of current term

Membership of a committee

Name

Gender

Function Date of fi rst term

Patrick BALLU

M Chairman of the Board of Directors

AGM of September 13, 1980

AGM approving the fi nancial statements for the 2022 fi scal year AGM approving the fi nancial statements for the 2023 fi scal year AGM approving the fi nancial statements for the 2025 fi scal year AGM approving the fi nancial statements for the 2023 fi scal year

Expertise of the agricultural world and industry

Marc BALLU

M Director AGM of January 24, 2012

Expertise of the agricultural world and B2B2C

Cyril BALLU

M Director

AGM of March 12, 2020

Expertise of the agricultural world

Pascale AUGER

F

Director AGM of February 7, 2018

Chairwoman of the Audit Committee Member of the Remuneration and Appointments Committee Chairman of the Remuneration and Appointments

Finance/accounting Industrial experience Strategy

SAS JUMP’TIME represented by Claude LOPEZ

M Director AGM of January 12, 2016

AGM approving the fi nancial statements for the 2021 fi scal year

Marketing/ commerce, B2B2C Expertise of the agricultural world Strategy Mergers/acquisitions Retail Knowledge of the agricultural world Legal expertise of a diversi fi ed and international group

Committee Member of the Audit Committee

Sylvain MACCORIN

M Director representing employees

Decision of the Group Works Council dated February 7, 2018

At the close of the AGM of February 9, 2021 AGM approving the fi nancial statements for the 2022 fi scal year

7

EXEL SAS, represented by Marie-Pierre DU CRAY SIRIEIX

F

Director AGM of February 2, 1995

Board of Directors

Board Committees

Audit Committee

2 women

2 independent members

Chaired and composed predominantly of independent members

100% independent

Diversity policy of the Board of Directors

7.1.2

The composition of the Board of Directors complies with the recommendations of the MiddleNext Code. The Board of Directors of EXEL Industries pays particular attention to the quality of its members’ skills and their knowledge of the Group and the various markets in which it operates.

These complementary and in-depth skills are essential to support the Group’s Executive Management in its strategic ambitions and the Group’s organic growth.

Analysis of the independence of the members of the Board of Ƥ Directors

7.1.3

Each year, the Board of Directors reviews the independence of its members. Thus, at their meetings of September 24 and 25, 2020, the Remuneration and Appointments Committee and the Board of Directors reviewed the independence of its members with regard to the criteria of the MiddleNext Corporate Governance Code.

In accordance with the recommendation of the MiddleNext Code, the Board considered that two members meet the independence criteria set out by the Middlenext Code as of December 15, 2020, namely Pascale AUGER and Claude LOPEZ.

EXEL Industries group I 2020 Universal Registration Document

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