In terms of compensation, the committee is notably responsible for providing recommendations concerning the amounts and allocation criteria for attendance fees paid to members of the Supervisory Board as well as fixed compensation, and if applicable, variable compensation, and other benefits in kind or various financial entitlements of the members of the Executive Board.
In terms of nominations, the committee is notably responsible for recommending people to be nominated to the Executive Board and the Supervisory board, in line with applicable corporate governance standards.
The appointments and pay Committee is chaired by Philippe Austruy, Chairman of the Supervisory Board and includes two independent members of the Supervisory Board: Jacques Hérail, Ghislaine Sanchez.