The Nomination Committee is composed of the Chairman of the Board and the members of the Compensation Committee. It is chaired by the Chairman of the Compensation Committee and makes proposals to the Board for the appointment of new Board members and for the replacement of chief executive officers, especially in the event of an unexpected absence.

The Nomination Committee prepares the Board of Directors’review of issues pertaining to corporate governance. It carries out the appraisal of the Board of Directors and submits proposals concerning the presentation of Board members in the Registration Document, notably as regards the list of independent directors. It makes proposals to the Board regarding its composition, after carrying out any necessary inquiries. The Nomination Committee is informed prior to the appointment of any member of the Group’s Executive Committee and any head of a corporate department who does not sit on this Committee. It is also informed of the list of replacements for these senior managers.