Corporate Governance
Responsible and transparent operations at all Humares units
Humares' Executive Board and Supervisory Board attach a great deal of importance to proper corporate governance and optimum transparency for all our stakeholders.
At Humares the powers and duties of the boards have been defined as follows:
The Executive Committee
The Executive Committee is responsible for the strategy and management of Humares and its operating companies.
The Supervisory Board
The Supervisory Board is responsible for supervising the Chief Executive Officer (CEO) and for the long-term development of the company. It provides advice to the CEO both on request and on its own initiative.
The General Assembly of Shareholders
A General Assembly of Shareholders is held twice a year. It votes on, amongst others:
- The appointment, reappointment or dismissal of members of the Supervisory Board
- Discharge of the CEO and the Supervisory Board
- The remuneration policy of the CEO and the Supervisory Board
- The adoption of the financial statements
- The dividend decision
- The appointment or reappointment of the external auditor
In addition to the regular annual General Assembly of Shareholders, the CEO or Supervisory Board may summon an Extraordinary General Assembly of Shareholders.
