Corporate Governance

Members of the Board of Directors bring the Group a wide range of skills, including extensive experience in industry and international markets. They hold executive and operational positions in areas as varied as strategy, human resources, compliance, finance and communications.

Composition and operation of the Board of Directors

The Board of Directors comprises 14 directors, 12 of whom are appointed at the Annual General Meeting. Two employee representatives are appointed by the French and European Works Councils.

The Board of Directors is governed by internal regulations, introduced in 2003. These regulations set out the applicable operating procedures, particularly in terms of its composition, powers and associated committees, in compliance with legal provisions and the recommendations of the AFEP-MEDEF Code. The ethical rules applicable to directors are set out in a code of ethics appended to the Board of Directors’ internal regulations.

I am delighted to see the excellent collaborative work carried out by the governance bodies of Nexans and by the Board of Directors. In 2022, the Board of Directors gave a more formal structure to its work, for seamless dialog and constructive discussions. The Board of Directors welcomes the new approach to managing sustainable development. The aim is to stay ahead of the curve with regard to any future problems and to anticipate change for a faster, smoother and more agile response The Board of Directors also encourages management to re-examine the relevance of the Group’s strategy in a constantly changing world.

Jean Mouton
Jean Mouton

Chairman of the Board of Directors, Nexans

Committees set up by the Board of Directors

In July 2001, the Board of Directors set up an Audit and Risk Committee, renamed the Accounts, Audit and Risk Committee in January 2019, and an Appointments and Compensation Committee, whose role was extended in 2012 to include corporate governance issues. In May 2020, this committee was split into two separate committees: the Appointments and Corporate Governance Committee and the Compensation Committee. In 2013, the Board also set up a Strategy Committee, whose role was extended to include sustainable development in 2015. Aspects relating to Corporate Social Responsibility (CSR) are included in the four committees missions.

Documentation

Articles of association – July 26, 2022

pdf 236Ko 27 June 2022

Internal Regulations of the Board of Dir…

pdf 223Ko 15 February 2023

Compensation of executive directors

Board Decisions of February 14, 2024 (Co…

pdf 271Ko 16 February 2024

Board Decisions of October 24th, 2023 (L…

pdf 214Ko 02 November 2023

Board Decisions of March 16, 2023 (Long …

pdf 129Ko 16 March 2023

Related party transactions

Related-party transaction entered into w…

pdf 18Ko 20 September 2022

Related-party transaction with Natixis (…

pdf 116Ko 18 June 2020

Related-party transaction with Bpifrance

pdf 128Ko 11 May 2020