APC 2014 Annual Report Download - page 145

CORPORATE GOVERNANCE
BOARD COMMITTEES (COMPOSITION,OPERATING PROCEDURES AND MEETINGS)
Strategy committee
Composition in 2014
gives its opinion to the board of directors on projects involving
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major acquisitions, joint ventures and disposals that are
The internal regulations and procedures of the board of directors presented to the board for authorization;
provide that the Strategy committee must have at least three examines in detail certain strategic matters on behalf of the
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members. board;
The committee consists of Xavier Fontanet, Chairman, Léo gives the board its view and understanding of major trends that
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Apotheker, Betsy Atkins, Noël Forgeard, Jeong Kim and Gregory are relevant to Group business sectors.
Spierkel (since October28, 2014).
Meetings in 2014
At December31, 2014, the Strategy Committee included 100%
independent directors.
In 2014, the Strategy committee met four times: The average
Operating procedures
duration of meetings was about two hours. The committee, which
set its work program based on requests from all of the directors,
primarily focused its work on:
The committee meets at the initiative of its Chairman or at the
request of the Chairman and CEO. The agenda is drawn up by the the review of the Buildings business segment;
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Chairman, after consulting with the Chairman and CEO. It meets at
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the review of the US region;
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least three times a year. examining the issues of digitization with a focus on customer
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In order to carry out its assignments, the committee may hear any service and the impact of e-commerce;
person it wishes and call upon the Strategy Director. the preparation of "the strategy day".
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The Strategy Director, Michel Crochon, is the committee secretary. The rate of attendance of members of the committee was 95%. It
Responsibilities
reported on its work to the board at the February19, May6,
October28, and December16, 2014 meetings.
The committee prepares the board of directors’ deliberations on
strategic matters. For this purpose, it:
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