As envisaged by the Articles of Association, the Board of Directors meets on at least a quarterly basis to inform the Board of Statutory Auditors on the Group's activities and on the most important business, financial and capital transactions undertaken by the company or its subsidiaries, and particularly those where there may be a potential conflict of interest.
During the 2018 financial year the Board of Directors held 12 meetings, while for the year 2019 there are expected to be no fewer than 8 meetings.
The average duration of the meetings held by the Board of Directors was around 2 hours and 45 minutes.
Board of Directors' meetings
Source: Executive Summary, Report on corporate governance and ownership at 31 December 2018
Source: Report on corporate governance and ownership at 31 December 2018
Page updated at 3 Apr 2019