During the year under review, the Supervisory Board held seven regular meetings. Due to COVID-19 restrictions the Supervisory Board could only meet in person at the September and October meetings, and, as a consequence, five meetings were held online. Next to these, one other conference-call meeting was held. The Board of Management attended these meetings. The Supervisory Board also met regularly in the absence of the Board of Management to discuss, amongst others, developments in the financial results and the composition and functioning of the Supervisory Board and Board of Management. Members of the Supervisory Board regularly met with the members of the Executive Committee, business leaders, and members of corporate staff. The external auditor attended the meeting of 4 March 2021, at which the 2020 Annual Report and Financial Statements were recommended for adoption by the annual General Meeting of Shareholders.
The Chair and Vice-Chair of the Supervisory Board regularly met with the CEO and CFO either in person or by phone, for bilateral discussions about the progress of the company on a variety of matters.
Attendance at the in-person meetings held in 2021 was 100%. Attendance at the conference-call meetings was almost 100%; Steen Riisgaard was not able to attend one meeting. He provided his input beforehand to the Chair of the Supervisory Board. As in previous years all members of the Supervisory Board were able to make themselves sufficiently available to give adequate attention to the needs of Corbion.