BOARD OF DIRECTORS.
The board of directors determines the company’s activity guidelines and ensures their implementation. Subject to the powers expressly granted by law to shareholders’ meetings and within the limits of the corporate purpose, it deals with any matter affecting the smooth running of the company and settles through its deliberations the matters that concern it.
It has the powers provided for by the law and the article of associations of the Company
In particular, the board of directors is responsible for establishing and revising if necessary the following Company’s policies which will be respectively enshrined in charters and held available for shareholders by the Company at the head office:
- The Company’s environmental policy;
- The Company’s investment policy; and
- The Company’s dividend distribution policy
The board of directors carries out the checks and verifications as it deems appropriate.
* Independent directors do not own any Aradei Capital shares.