5 Corporate governance Composition and operation of the governing bodies www.saint-gobain.com SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 154 Composition and operation 1. of the governing bodies The following Sections 1.1 and 1.2, prepared with the assistance of the Board’s Nomination and Remuneration Committee and the Lead independent Director, hereby report, pursuant to Articles L.225-37 et seq. and L.22-10-10 et seq. of the French Commercial Code, the composition of the Board and the conditions for the preparation and organization of the Board’s works (see Chapter 5, Section 4 for the entire report of the Board of Directors on corporate governance). Compliance with the AFEP-MEDEF Corporate Governance Code Compagnie de Saint-Gobain refers to and complies with the AFEP-MEDEF Corporate Governance Code for French listed companies in its updated version of January 2020, which may be found on the AFEP website at the following address: www.afep.com. The Company’s practices comply with all recommendations contained in the AFEP-MEDEF Code (the “AFEP-MEDEF Code”). AFEP-MEDEF Code recommendation revoked Saint-Gobain practice and justification None. None. Composition of the Board of Directors 1.1 Members of the Board of Directors 1.1.1 The Board of Directors consists of the 14 members named below, appointed for four-year terms, including one Director representing employee shareholders and two Employee Directors, appointed in accordance with the law, and one Lead independent Director, in charge of overseeing the efficient running of the Company’s governance bodies. ATTENDANCE RATE 98% 55% WOMEN INDEPENDENT DIRECTORS 73% LEAD INDEPENDENT DIRECTOR 1 DIRECTOR REPRESENTING EMPLOYEE SHAREHOLDERS 1 EMPLOYEE DIRECTORS 2
RkJQdWJsaXNoZXIy NzMxNTcx