Company: GLPG
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001558370-25-003806
Chunk: 247

Company: GALAPAGOS NV
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 247
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 its functions. It informs our Board about all areas in which action or improvement is necessary in its opinion and produces recommendations concerning the necessary steps that need to be taken in that regard. The audit review and the reporting on that review cover us and our subsidiaries as a whole. The members of the Audit Committee are entitled to receive all information which they need for the performance of their function, from our Board of Directors, Executive Committee and 

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employees. Every member of the Audit Committee shall exercise this right in consultation with the Chairman of the Audit Committee. 
Since 2019, the Audit Committee also reviews Environmental, Social and Governance (ESG) initiatives, as included in the annual Sustainability report, ensuring that we implement our planned initiatives and communicate them effectively and accurately to our employees and shareholders. The Sustainability report 2024 provides the non-financial information required by article 3:6/1 – 3:6/8 and article 3:32/1 – 3:32/6 of the Belgian Companies Code; a copy of our Sustainability report 2024 is available on our company website at http://www.glpg.com/financial-reports (this website does not form part of this annual report on Form 20-F).
Nomination Committee
Our Nomination Committee consists of three members (situation as of December 31, 2024): Elisabeth Svanberg (Chair), Jérôme Contamine, and Stoffels IMC BV (permanently represented by Dr. Paul Stoffels). 
Our Board of Directors has determined that a majority of all members of our Nomination Committee are Independent Non-Executive Board members. 
Concerning our Company’s nomination policy, the Nomination Committee’s duties and responsibilities to carry out its purposes include, among others, without any limitation:

●   providing recommendations to the Board of Directors on the appointment of our Board members, CEO and Executive Committee members, as well as the size and composition of our Board and Board Committees;
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●   preparing selection criteria and procedures for our Board members, CEO and Executive Committee members;
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●   selecting and proposing suitable candidates for vacant Board of Directors mandates, reviewing candidates as proposed by a shareholder in accordance with our Articles of Association and advising on proposals to re-appoint current members of the Board of Directors;
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●   recommending individuals for appointment as CEO or Executive Committee member (in consultation with the CEO as regards the appointment of other members of the Executive Committee); and
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