| The supervisory board is charged with the supervision of the board of management and the general course of affairs of Simac and the business connected with it, including its financial policies and corporate structure. The supervisory board evaluates the main organisational structure and the control mechanisms established under the management of the board of management. The supervisory board assists the board of management with advice. In performing its duties the supervisory board acts in accordance with the interests of Simac and the business connected with it and, to that end, considers all appropriate interests associated with Simac. The members of the supervisory board are guided by the interests of the company and the enterprise connected therewith.
Members of the supervisory board are appointed for a period of four years with a maximum of 3 terms according to a schedule of resignation (see below). The remuneration of members of the supervisory board is determined by the general meeting of shareholders. The rules governing the supervisory board's principles and best practices according to the Dutch corporate governance code, can also be downloaded below. |