Supervisory Board Committees. 16.1. Audit, internal control and risk committee 16.1.1 The objective of the Company's audit, internal control and risk committee (Comité d’audit, de contrôle interne et des risques, the Audit Committee) is to audit the process of preparing and distributing accounting and financial information, to assess the pertinence and permanence of the accounting principles and methods adopted for the preparation of annual and half-yearly individual and consolidated accounts, to verify the effectiveness of internal control and risk management procedures, to ensure via all appropriate means that information provided to the Supervisory Board is of adequate quality, and finally to give the Supervisory Board its assessment of the work carried out by the statutory auditors and its opinion regarding the renewal of their assignment contract. 16.1.2 Each member of the Audit Committee must have the necessary technical expertise to carry out their duty of diligence.
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