Corporate Governance
The Company has installed a one-tier corporate structure under Dutch law, which consists of a board of directors (the “Board of Directors”) comprising both executive directors (the “Executive Directors”) and non-executive directors (the “Non-Executive Directors”).
The Board of Directors is the ultimate decision-making body for us, except with respect to those areas that are reserved by law or by the Company’s Articles of Association to the Shareholders’ Meeting.
These two corporate bodies are subject to Dutch law and regulated by the Articles of Association as well as by the Dutch Corporate Governance Code.
We endorse the importance of good corporate governance, of which independence, accountability and transparency are the most important elements.