Report
Florian Béchaz
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Le Bélier - Assemblée générale des actionnaires du 16 mai 2019

La société n'observe pas les recommandations du code AFEF MEDEF, concernant la durée de mandat des adminsitrateurs, qui est de 6 ans. La justification apportée par la société pour expliquer cette divergence est peu satisfaisante : "compte tenu de sa taille, la Société juge que la durée du mandat des membres du Conseil d’Administration qui a été fixée à 6 ans est plus adaptée qu’un renouvellement plus fréquent".

Par ailleurs, la société associe toujours le quitus aux administrateurs à la résolution portant sur l'approbation des comptes sociaux, ce qui entraîne une recommandation négative pour l'ensemble de la résolution 1, qui incluait également l'approbation des dépsenses non déductibles visées à l'article 39-4 du Code général des impôts.

Enfin, on notera également que la société n'a pas réalisé de progrés par rapport à l'exercice précédent, en termes de communication des principes et critères de la rémunération de ses dirigeants manadataires sociaux.

Underlying
Le Belier

Le Belier is a holding company. Through its subsidiaries, Co. specializes in the manufacture of moulded aluminium safety components for cars. Co. focuses on five product families: braking systems, turbo systems, suspension and chassis parts, steering and engine mountings. Co.'s offering ranges from prototypes to machined parts, representing three main activities: foundry, machining and tool-making. Its operations can be divided geographically in two areas: Europe (France, Hungary, Serbia and Italy) and Outside Europe (China and Mexico).

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

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Analysts
Florian Béchaz

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