The Board of Directors

The board of Directors’ decides the direction of the company’s activity and oversees its execution. Subject to the powers explicitly agreed at the shareholders’ meetings and within the limit of their object, the Board handles any questions regarding the administration of the company and discuss the appropriate actions to be taken. The Board of Directors acts on the controls and checks that it deems opportune.

Audit Committee

The Committee’s main role is to assist the Board so that the latter gets the information and resources to ensure the quality of the internal audits and the reliability of the financial information given to the shareholders and the financial market.

Appointments and Remunerations Committee

The Appointments and Remunerations Committee’s main duty is to make proposals concerning the remuneration of the members of the Management Board (fixed remunerations and variable remunerations methods, when applicable.) Concerning the members of the Supervisory Board, the Appointments and Remuneration Committee is responsible for fixing, every year, the total amount of attendance fees submitted to the approval of the General Meeting and the distribution methods of such attendance fees in between the members of the Supervisory Board, taking into account that those members are present for such meetings of the Board and the committees where they sit. The Appointments and Remuneration Committee is also responsible for putting forward its notice for any exceptional remuneration proposal made by the Board regarding the payment to one of its members charged with a mission or a agency agreement in compliance with article L. 225-84 of the Commercial Code.

You can consult the statuses of Maurel and Prom by downloading the following pdf
(in french)