Appointment and Remuneration Committee
Authority
The Appointment and Remuneration Committee is tasked with the appointment of management and determining its remuneration, and for introducing candidate managers to the General Meeting.
Composition
The Appointment and Remuneration Committee consists of four non-executive directors. At least one of them is an independent director:
| Name | Term* |
| De Speyebeek NV, with Christophe Desimpel as permanent representative | 2014 |
| Creafim BVBA, with Wim Deblauwe as permanent representative | 2014 |
| OVS CV, with Hubert Ooghe as permanent representative** | 2014 |
* The term of appointment of Board of Director members expires immediately following the General Meeting of the year listed against the name of each director.
** Independent director
Meeting
The Appointment and Remuneration Committee meets at least once a year and, if necessary, ad hoc. The Chief Executive Officer is also invited each time, except during discussion of his appointment and/or remuneration.