Documentation Media Careers Contact e-aperam Quote Surcharge EN 45.71 € 0,64% Stainless Alloys Electrical Steel About Us Sustainability Investors Board Composition & Committees Home Investors Corporate Governance Board Composition & Committees Board of Directors Aperam places a strong emphasis on corporate governance. Aperam has four independent directors on its seven member Board of Directors, and the Board’s Audit and Risk Management Committee and Remuneration, Nomination and Corporate Governance Committee are each comprised exclusively of independent directors. Mr. Lakshmi N. Mittal is the Chairman of the Board of Directors. SEE MORE Board Committees The Board of Directors has two committees, including the Audit and Risk Management Committee and the Remuneration, Nomination and Corporate Governance Committee The Board of Directors’ Audit and Risk Management Committee and Remuneration, Nomination and Corporate Governance Committee are each comprised exclusively of independent directors. Committee Composition Name Position within Aperam Independent / Non Independent Status Audit and Risk Management Committee Remuneration, Nomination and Corporate Governance Committee Joseph Greenwell Member of Aperam’s Board of Directors Independent Member Member Bernadette Baudier Member of Aperam’s Board of Directors Independent Chairperson Alain Kinsch Member of Aperam’s Board of Directors Independent Member Chairperson Ros Rivaz Member of Aperam’s Board of Directors Lead Independent Director Member Audit and Risk Management Committee Charter Composition The three members of the Audit and Risk Management Committee are Ms. Bernadette Baudier, Mr. Alain Kinsch and Mr. Joseph Greenwell. Ms. Bernadette Baudier is the Chairperson of the Audit and Risk Management Committee. Each of these members is an independent director in accordance with the 10 Principles of Corporate Governance of the Luxembourg Stock Exchange. Rules The Audit and Risk Management Committee takes decisions by a simple majority. Mission With respect to audit related matters, the primary function of the Audit and Risk Management Committee is to assist the Board of Directors in fulfilling its oversight responsibilities by reviewing the Company’s: financial reports and other financial information provided to any governmental body or the public; system of internal control regarding finance, accounting, tax, legal, compliance and ethics established by the Board of Directors and senior management; sustainability roadmap and climate-related disclosures; and auditing, accounting and financial reporting processes generally. With respect to audit related matters, the Audit and Risk Management Committee’s primary duties and responsibilities relating to this function are to: serve as an independent and objective party to monitor the Company’s financial reporting process and internal controls system; review and appraise the audit efforts of Aperam’s independent external auditors and internal auditing department; review major legal, tax, and compliance matters and their follow up; provide an open avenue of communication among the Company’s independent auditors, senior management, the internal audit department, and the Board of Directors; approve the appointment and fees of the Company’s independent auditors; and monitor the independence of the independent auditors. With respect to risk management related matters, the primary function of the Audit and Risk Management Committee is to support the Board of Directors in fulfilling its corporate governance and oversight responsibilities by assisting with the monitoring and review of our risk management process. In that regard, its main responsibilities and duties are to assist the Board of Directors by developing recommendations regarding the following matters: oversight, development and implementation of a risk identification and management process and the review of this process in a consistent manner throughout the Group; review of the effectiveness of the Company’s risk management framework, policies and process at the corporate and operating segment levels and the proposal of improvements, with the aim of ensuring that the Company’s management is supported by an effective risk management system; promotion of constructive and open exchanges on risk identification and management among senior management, the Board of Directors, the legal department and other relevant departments of the Group; review of proposals to assess, define and review the level of risk tolerance to ensure that appropriate risk limits are in place;review of internal and external audit plans to ensure that they include a review of the major risks the Company faces; and making recommendations within the scope of its charter to Aperam’s senior management and to the Board of Directors about senior management’s proposals concerning risk management. In fulfilling its duties, the Audit and Risk Management Committee may seek the advice of outside experts. Remuneration, Nomination and Corporate Governance Committee Newsletter Type of Newsletter Newsletter in English Newsletter in Portuguese Type of Newsletter GDPR compliance tick box. By registering, you agree that Aperam will use the provided data to contact me via digital means. See our Privacy Policy SUBSCRIBE Stainless Alloys Electrical Steel About Us Investors Sustainability Documentation Media Careers Contact e-aperam Quote Surcharge Our Websites Sitemap Privacy Policy Preference Center 0 Axeptio consent