Supervisory Board Self-Assessment

During 2014, the Supervisory Board reflected on its performance and composition as well as that of its three Committees. The Supervisory Board solicited the services of an experienced external board facilitator for this self-assessment. Each individual Board member was asked for their views on the quality of a number of aspects of the Supervisory Board’s performance to assess whether it meets their needs and expectations. The following aspects of the Supervisory Board’s performance were assessed during this process: its responsibilities, oversight, meetings, support, composition, cooperation, outcome, achievements and communication. A full report of the individual interviews as well as a summary of the recommendations was discussed under the direction of a facilitator at the Supervisory Board meeting in March. The overall conclusion of this self-assessment process was that the Supervisory Board is performing well.