Si on apprécie l'effort de présentation que la société a fait pour la politique de rémunération 2017 de son dirigeant, celle‐ci comporte de nombreuses lacunes : les montants en jeu son excessifs pour une société n'appartenant pas au SBF 120, la structure de rémunération n'est pas correctement équilibré, la rémunération présumé de long‐terme est basé sur la performance long‐terme de Bouygues, non pas de Colas, et la société n'a pas plafonnéses éentuelles rémunérations exceptionnelles.
Colas is engaged in the construction and maintenance of transport infrastructures. Co. integrates all production and recycling activities involved in most of these businesses via an international network of quarries, emulsion plants, asphalt and ready-mix concrete plants, and plants that produce bitumen, manufacture waterproofing membranes, and make road safety equipment. Co. conducts its business activities through two operating divisions: Roads, which is Co.'s core business, and Specialized Business Activities. Co. is also a stakeholder in infrastructure concessions and management companies, including motorways as well as city road networks and public transport.
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General: Supervisory Board member Prof. Dr. Theo Siegert is a member of the Adivsory Committee of DSW, the local partner of ECGS. This report has been prepared using standard ECGS guidelines. Item 1: Unlike at German stock corporations, shareholders of a KGaA are legally required to vote on the annual accounts. Item 5: In financial year 2018, the Supervisory Board of Henkel Management AG, in line with recommendations of the Shareholders' Committee's Human Resources Subcommittee, decided to adopt various changes to the Management Board members' remuneration system, applicable as of financial ...
La documentation relative aux conventions réglementées n’a pas été disponible dans les délais légaux, la société ayant publié le document contenant le rapport spécial des commissaires aux comptes sur les conventions réglementées 20 jours avant la date de l’assemblée générale. Par ailleurs, on notera que la société propose un renouvellement en bloc de ses admnistrateurs, pratique inacceptable ayant disparu conformément à la recommandation 13.2 du Code AFEP-MEDEF. La société justifie cette dérogation au code par une nécessité d'assurer la stabilité de ses organes de contrôle dans le temps et le...
ITEM 9: the company still refuses to disclose the individual remuneration amounts of its executives while it complies with some governance rules for companies listed in Paris (where the majority of its Fiduciary Deposit Receipts, "FDR", are traded). It is not understandable that a company, aware of the French practices and applying some of them, deliberately chooses to ignore some of the basic fair governance and fair disclosure principles. However, we note that the Shareholders Rights Directive II ("SRD II") must be transposed by June 2019. SRD II states "Member States shall ensure that the...
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