Société Anonyme au capital de €2,257,604,984
433 466 570 R.C.S. NANTERRE
Headquarters : Tour CB21, 16 place de l’Iris,
92040 PARIS LA DEFENSE CEDEX
Jean-Louis Chaussade is the Chief Executive Officer. He has the widest powers to act under all circumstances in the name of the Company. He exerts his powers within the limits of the stated purposes of the company, except for:
In this regard, Article 4 of the internal regulations (French only), as amended by the Board of Directors at its meetings of February 7, 2012, and July 30, 2013, defines the limits of the powers of the Chief Executive Officer.
At its meeting on 28 October, 2008, SUEZ’s Board of Directors took note of the recommendations of AFEP-MEDEF dated 6 October, 2008 relating to executive compensation for listed companies.
The Board of Directors fully agreed with these recommendations, which are based on corporate governance best practices. The Board of Directors renewed its membership to the AFEP-MEDEF’s recommandations, as published in June 2013.
Since its IPO in July, SUEZ has intended to apply best practices for listed companies and these recommandations from AFEP-MEDEF are fully consistent with SUEZ’s confirmed policy of transparency.
Pursuant to the French Act dated 3 July, 2008, which transposes the EU Directive dated 14 June, 2006, SUEZ will refer to the AFEP-MEDEF code for the preparation of its annual reports.
In accordance with the recommendations of the AFEP-MEDEF Code, as revised in June 2013, the components of the compensation of the Chief Executive Officer, Mr Jean-Louis Chaussade, as set by the Board of Directors on proposals of the Compensation Committee, are indicated in the following document: