Eurazeo / 2019 Universal Registration Document

Governance Activity of specialized committees

AUDIT COMMITTEE

Parity (1)

Members as of December 31, 2019 Mme Anne Dias, Chairwoman, independent La société JCDecaux Holding SAS (represented by Emmanuel Russel) Mme Stéphane Pallez independant M. Georges Pauget independant M. Jean-Pierre Richardson, Non-voting member

2

2

Meetings 5

Women

Men

attendance rate (1)

95%

3

Members (1) 4

Independent members

(1) Excluding the non-voting member

DUTIES

2019MAIN ACTIVITIES

The membersof the Audit Committeecombinetheir skills in • the fields of businessmanagement,economicsand finance (see their professionalexperiencein Section 5.4Officesand positions held by the Supervisory Board). In accordance with the law, the Audit Committee assists • the SupervisoryBoard in examiningquestionsrelativeto the preparation and verification of accounting and financial information, which notably involves: Monitoringthe financial informationpreparationprocess, • the efficiency of internal control and risk management procedures, the audit of the annual separate and consolidated financial statements by the Statutory Auditors, andStatutoryAuditor independence; Authorizing the provision of non-audit services • (not detailedin Article L. 822-11 IIand Article L. 822-11-1 I of the FrenchCommercialCode)by the StatutoryAuditors.

The Audit Committee met five times in 2019. During its • meetings, the committee dealt with the following main topics: Production and communication of accounting and • financial information: Review of the separate and consolidated annual • financial statements for the year ended December 31, 2018(with a specific focus on financial asset valuation procedures and impairment tests on goodwill and indefinite-life intangible assets), review of the separate and consolidated interim financial statements for the six months ended June 30, 2019, and reviewof the scheduleand closingoptionsfor the 2019 annualconsolidated financial statements, Reviewof consolidated earnings forecasts, • Review of the methodologyused to determine NAV, • the valuationof investmentsand the conclusionsof the independent appraiser, Review of the cash positions at the date of each • committee meeting, and annual review of the cash managementpolicyandactivity, Review of draft statements related to the annual • financial statements for 2018 and the interim 2019 results, Annual review of the financial communication and • investor relations policy andactivity; Risk managementand internalcontrol: • Reviewof updatedrisk mapping. • Reviewof the main litigation, • Reviewof the 2019 InternalAudit plan and the findings • of InternalAuditassignments, Review of work undertaken to prevent fraud and • corruption; Work oftheAuditCommittee: • Updateon stockmarketethics, • Authorization of the provision of non-audit services • by theStatutoryAuditors; Presentation andpointsraised bythe StatutoryAuditors: • Review of the findings of the Statutory Auditors, and • reviewof budgetedfees for2019. Attendancefeesallocatedto Committeemembersin respect • of fiscal year 2019, in proportion to their attendance at meetings, totaled €92,750 (including €26,250 for the Chairwoman).

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