The Supervisory Board has set up four committees: the Finance and Audit Committee, the Appointments, Compensation and Governance Committee, the Strategy Committee and the Corporate, Social Responsibility (CSR) Committee.
These committees have an advisory role and prepare certain Board meetings. They issue proposals, recommendations and opinions in their respective areas of competence.
Three members: Jean-Jacques Morin (Chairman), Bpifrance Participations represented by Alexandre Ossola and Alexandra Schaapveld.
The Finance and Audit Committee is responsible for preparing the Supervisory Board's deliberations relating to the compilation and oversight of accounting and financial reporting information. In this context, it oversees procedures for compiling financial reporting information, for ensuring effective internal control and risk management systems and for the statutory audit of annual and consolidated accounts by the auditors and for ensuring the independence of the latter.
Pierre Pringuet (Chairman), Laurence Broseta, Pascale Chargrasse, Mickaël Dolou and Alexandra Schaapveld.
The Appointments, Compensation and Governance Committee is responsible for preparing the Supervisory Board's deliberations on the appointment and compensation of the Group's corporate and governance officers. In this context, the Committee's duties are as follows:
Three members: Laurence Broseta (Chairman), Maria-Pilar Albiac-Murillo and Philippe Altuzarra.
The CSR Committee's mission is to ensure that the Group best anticipates the challenges, opportunities and extra-financial risks associated with its business in order to promote responsible and harmonious long-term value creation. It makes recommendations on the Group's policy and achievements in this area.
Vallourec Shareholders’ Meeting, 23 May 2019
Vallourec Supervisory Board