Paragraph 3: Appointments committees

The Appointments Committee provided for in Article L. 511-89 shall identify and recommend to the Board of Directors, the Supervisory Board or any other body exercising equivalent supervisory functions, candidates suitable for the duties of director, member of the Supervisory Board or any other body exercising equivalent supervisory functions, with a view to proposing their candidacy to the General Meeting. It assesses the balance and diversity of knowledge, skills and…

Without prejudice to other provisions applicable in this area, the Appointments Committee shall set a target for the balanced representation of women and men on the Board of Directors, the Supervisory Board or any other body exercising equivalent functions. It shall draw up a policy designed to achieve this objective. The objective and the policy of credit institutions, as well as the methods of implementation, shall be made public in…

The Appointments Committee periodically and at least once a year assesses the structure, size, composition and effectiveness of the Board of Directors, the Supervisory Board or any other body exercising equivalent supervisory functions in relation to the tasks assigned to it and submits any useful recommendations to the Board or such body. It periodically and at least once a year assesses the knowledge, skills and experience of the members of…

In carrying out its duties, the appointments committee shall ensure that the board of directors, the supervisory board or any other body exercising equivalent supervisory functions is not dominated by one person or a small group of persons in conditions prejudicial to the interests of the credit institution or finance company. The Appointments Committee has the resources it needs to carry out its duties and may call on external advice.