Eurazeo / 2019 Universal Registration Document
Governance Members of the Executive Board
Pursuant to the provisions of Article L. 225-68 of the French Commercial Code, the corporate governance report is presented separately from the management report. It includes information on the activities of administrative and management bodies, management compensation and the application of the Corporate Governance Codes, as detailed in Articles L. 225-37-3 to L. 225-37-5. It also includes the Supervisory Board's observations on the Executive Board's report and on the financial statements for the fiscal year 2019 (see the cross-reference table presented in Chapter 9,Section 9.7 of theUniversal RegistrationDocument). The management report covers the conduct of the business, risks and corporate social responsibility. Information on internal control and risk management procedures implemented by Eurazeo is presented in the management report in Chapter 4 “Risk Mangement” of the Universal Registration Document.
Members of the Executive Board 5.1
Eurazeo has opted for a dual governance structure comprising an Executive Board and a Supervisory Board since 2002. This choice represents the highest standards of corporate governance, as it ensures a balance of powers between executive and oversight functions. As part of the Company’s conversion to a European company at the Shareholders’ Meeting of May 11, 2017, the Executive Board and Supervisory Boardstructurewas retained. Managerial functions are carried out by the Executive Board, which meets at least once a month and as often as required in the best interestsof the Company.The ExecutiveBoard is vestedwith the most extensive powers to act on behalf of the Company in all circumstances,within the limits of the corporate purpose and subject to the powers expressly attributed by law and the Company's Bylaws. Members of the Executive Board may, with the authorization of the Supervisory Board, divide management tasks among themselves. This division of tasks may not cause the Executive Board to lose
its status as the body responsible for the collective management of the Company. The Supervisory Board oversees the Company's management in accordance with applicable laws and regulations and the Company'sBylaws. Its distinguishedmembers meet as frequently as the Company's interests require, and at least once a quarter. Throughout the year, the Supervisory Board performs the checks and controls it deems warranted, and may request any document it considersnecessary to carryout its duties. The Executive Board has four members. Executive Board members since March 19, 2018 are Virginie Morgon, Chairwoman of the Executive Board, Philippe Audouin, Directeur Général Finances – CFO, Nicolas Huet, General Secretary and Olivier Millet, Chairman of the EurazeoPME ExecutiveBoard
Position atEurazeo
Endof term of office
As ofDecember 31, 2019
Age
Nationality
50 French Chairwoman of the Executive Board March 2022
VirginieMORGON
63 French Directeur Général Finances – CFO March 2022
PhilippeAUDOUIN
49 French
General Secretary
March 2022
NicolasHUET
Chairmanof the Executive Board of EurazeoPME
56 French
March 2022
OlivierMILLET
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