Meetings of the Supervisory Board

During the year under review, the Supervisory Board held seven regular meetings. In addition to these, two conference call meetings were held. The Board of Management attended these meetings. The Supervisory Board also met regularly in the absence of the Board of Management to discuss, among 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 Supervisory Board meeting on 29 February 2024, at which the 2023 Annual Report and Financial statements were recommended for adoption by the annual General Meeting of Shareholders.

During 2024, the Supervisory Board appointed a temporary Corporate Development Committee that held monthly meetings with the Board of Management to discuss the progress of the company on a variety of matters. The members of the Corporate Development Committee were Mathieu Vrijsen (Chair), Ilona Haaijer, and Liz Doherty.

Attendance at the in-person meetings held in 2024 was 97.6%. William Lin was not able to join the meeting in August due to personal circumstances. Attendance at the conference call meetings was 71.4%. William Lin and Liz Doherty could not attend the conference call meeting in January. Steen Riisgaard and William Lin could not attend the conference call meeting in November. They provided their input beforehand to the Chair of the Supervisory Board and were informed afterwards.