Supervisory Board
Supervisory Board
The Supervisory Board supervises the policy of the Executive Board and the general course of events in the company and the business connected with it and assists the Executive Board by providing advice. In performing their duties, the members of the Supervisory Board are guided by the interests of the company and the undertaking connected with it and makes a balanced assessment of the interests of the stakeholders.
The Supervisory Board is composed of Jaap Blokhuis (chairman), Désirée Theyse and Ber Buschman
Supervisory Board members are appointed by the General Meeting upon nomination by the Supervisory Board. After their initial terms, members of the Supervisory Board can be re-appointed twice. Any prospective member or re-appointee is required to meet the criteria as set out in the profile for the Supervisory Board, which is included in the Supervisory Board Regulations.
The Resignation schedule of the Supervisory Board provides for information on the date of appointment, reappointment, and appointment period.
| Appointment | End date | Term | |
|---|---|---|---|
| Jaap Blokhuis | 2019, 2022 | 2025 | 3 years |
| Désirée Theyse | 2022 | 2026 | 4 years |
| Ber Buschman | 2022, 2024 | 2026 | 2 years |
The Supervisory Board has installed two committees
Audit and Compliance Committee
The Audit and Compliance Committee is responsible for the direct supervision of all matters relating to financial reporting and controlling. In doing so, it is responsible for supervising (and advising the complete Supervisory Board) in respect of, amongst other things, (i) the assessment of the principles of valuation and determination of results for the financial statements, (ii) internal control and financial reporting functions, (iii) internal and external audit, (iv) risk management and control, (v) compliance with applicable laws and regulations, (vi) mediation between internal or external auditors and/or management, and (vii) reporting to the Supervisory Board.
The Audit and Compliance Committee is composed of Désirée Theyse (Chair) and Ber Buschman.
Remuneration and Nomination Committee
The Remuneration and Nomination Committee is responsible for supervising (and advising the complete Supervisory Board) with regard to, amongst other things, (i) remuneration policies and execution thereof for members of the Executive Board and the Supervisory Board, (ii) reporting on the execution of the remuneration policies through a remuneration report, (iii) the selection, appointments and reappointments regarding the Supervisory Board and the Executive Board, (iv) succession plans of the Supervisory Board and the Executive Board, (v) the knowledge, skills, experience, performance, size, composition and profile of both boards, and (vi) the performance of the members of both boards.
The Remuneration and Nominaton Committee is composed of Ber Buschman (chair) and Jaap Blokhuis.
