UNIVERSAL REGISTRATION DOCUMENT 2023

3 CORPORATE GOVERNANCE AND INTERNAL CONTROL Disclosures on Corporate Governance

3.1.6

MUTUAL INSURANCE ADVISORY BOARD

3.1.7

EXECUTIVE MANAGEMENT

The Company is managed by a Chief Executive Officer and, since 20 July 2023, a Deputy Chief Executive Officer, appointed by the Board of Directors on the Chief Executive Officer’s recommendation.

In accordance with the provisions of the bylaws of Groupama Assurances Mutuelles, a Mutual Insurance Advisory Board has been established, responsible for defining the general strategies of the mutual insurance group and overseeing their implementation. Composed of 49 members, this committee brings together five representatives from each of the nine member metropolitan regional mutuals (the Chairman of their Board of Directors as well as four members appointed by them from amongst the members of their Board of Directors) and one representative from each of the two mutuals of the overseas departments and the two member specialised mutuals (the Chairman of the Board of Directors).

3.1.7.1

Chief Executive Officer and Deputy Chief Executive Officer

Thierry Martel, Chief Executive Officer, and Olivier Larcher, Deputy Chief Executive Officer, are vested with the broadest powers to act on behalf of the Company under any and all circumstances. They exercise their authority within the limit of the corporate purpose and subject to the authority expressly granted to General Meetings and the Board of Directors and within the limits set by the bylaws and the Board of Directors (see section 3.1.1.6). The Chief Executive Officer is assisted by Assistant Chief Executive Officers: Cyril Roux, in charge of finance, actuarial, audit, and risk activities, Rémi Lorenzelli, in charge of strategy and partnerships, human resources, and the general secretariat, and Olivier Péqueux, in charge of international activities. The Deputy Chief Executive Officer, in charge of property and casualty insurance and life insurance activities in France, is assisted by Jean ‑ François Garin, assistant to the Deputy Chief Executive Officer. Pursuant to the provisions of the French Insurance Code, Groupama Assurances Mutuelles has three effective Managers: Thierry Martel, Olivier Larcher, and Cyril Roux.

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Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES