Number of directors | Membership at 31 December 2021 | Proportion of independent directors | Number of meetings held in 2021 | Average attendance rate in 2021 |
---|---|---|---|---|
Number of directors 7 |
Membership at 31 December 2021
|
Proportion of independent directors 60% (excluding the Directors representing employees and employee shareholders) |
Number of meetings held in 2021 7 |
Average attendance rate in 2021
|
In accordance with the Board’s internal rules, the Strategy and CSR Committee comprises at least three directors designated by the Board. Since 18 June 2020, this committee has had seven directors as permanent members: Yves-Thibault de Silguy (Chair), Uwe Chlebos, Dominique Muller Joly-Pottuz, Caroline Grégoire Sainte Marie, Ana Paula Pessoa, Pascale Sourisse and the permanent representative of Qatar Holding LLC. Abdullah Hamad Al Attiyah has been the permanent representative of Qatar Holding LLC since 6 December 2018. All Board members who wish to do so may attend the Strategy and CSR Committee’s meetings, with voting rights. Before each meeting, a dossier on the items to be discussed is sent to all directors.
VINCI’s Chairman and Chief Executive Officer, Executive Vice-President and Chief Financial Officer, and Vice-President for Business Development attend the meetings of the Strategy and CSR Committee. The Board Secretary acts as secretary to this committee.
The Strategy and CSR Committee helps the Board review the Group’s overall strategy. In advance of their presentation to the Board, it examines multi-year contracts implying an investment on the part of the Group, strategic investments and all transactions, including acquisitions and disposals, with the potential to have a material impact on the Group’s scope of consolidation, business activities, risk profile, earnings or balance sheet or on the Company’s stock market valuation. It also monitors all corporate social responsibility issues. In particular its duties are to:
In addition, this committee is kept informed by the Executive Management of progress made on proposed multi-year contracts involving a total investment by the VINCI Group in equity and debt of more than €100 million.
In its meetings, the Strategy and CSR Committee addressed the following subjects in particular: