The Supervisory Board profile and the Supervisory Board skills matrix together provide a foundation for the Nomination Committee in its review of the skills required on the Supervisory Board, the identification of gaps and the development of criteria for proposed nominations. In turn they provide a guideline for nominations and recommendations to the shareholders.
The Supervisory Board is set up to ensure it can fully carry out its responsibilities and duties to the company, the shareholders and other stakeholders. Its balanced and diverse composition reflects the nature and diversity of the company’s businesses, their international spread and the need for expertise in such fields as finance, economics, international business, general and strategic management, employment/industrial relations, risk management, IT, commercial management, business to business sales, research and development, manufacturing, government and public administration, and law.
Diversity criteria include gender, nationality, age, expertise, independence and experience.