According to the Articles of Association, a member of the Supervisory Board is appointed for four years by the Annual General Meeting of Shareholders. A Supervisory Board member can be re-appointed twice. A Supervisory Board member will retire definitively after a total of three terms of four years or in the year he/she turns 70, whichever comes first. The Supervisory Board can grant dispensation in exceptional circumstances, at the Board’s discretion.
Retirement schedule Supervisory Board
|Name (year of birth)||First appointment||Last re-appointment||Next re-appointment (1)||Final retirement (2)|
|Van der Veer (1947)||2009||2013||-||2017|
|Martín Castellá (1947)||2013||-||2017|
|Boyer de la Giroday (1952)||2014||-||2018||2022|
(1) for approval by Annual General Meeting of Shareholders
(2) at the age of 70 or at the end of third four-year term, whichever comes first; Supervisory Board can grant dispensation