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CORPORATE GOVERNANCE STATEMENT
•
the Management Board, comprising the four members of
the Executive Committee and managers of operational
entities, meets weekly to discuss property investments and
divestments, construction and rental matters;
•
the Executive Committee also meets weekly. It systematically
reviews the important points of the company’s operations and
business (investments/disposals, treasury, staff, etc.).
Minutes are drawn up for each meeting with, if necessary, an action
plan for the implementation of the decisions taken at the meeting.
Surveillance and monitoring
A complete closing is carried out each quarter, according to the
same procedures as at the end of the financial year. Consolidated
accounts are drawn up. Key indicators are calculated and analysed.
This data is collected in the Management Report referred to in the
point above. All data are discussed and analysed by the Executive
Committee and Board of Directors. Similarly, each department
collects pertinent information at its own level, which is analysed
quarterly and compared to the objectives set for the year.
During the course of the year, the Executive Committee asks each
head of department to submit a round-up of the evolution of its
own activities.
The company also has an Internal Auditor whose assignments
cover the various procedures. The results of the audits are submit-
ted to the Audit Committee, which controls the implementation of
the recommendations, and to the Board of Directors.
Number of
ordinary shares
%
Number of
preference shares
% Total number of shares
(voting rights)
%
Number of issued
shares
17,339,423 100.00
686,485
100.00
18,025,908
100.00
Cofinimmo Group
(own shares)
2
54,414
0.31
0
0.00
54,414
0.30
Free Float
3
17,285,009
99.69
686,485
100.00
17,971,494
99.70
Shareholder structure
1
(at 31.12.2014)
The Board of Directors declares that the above-mentioned shareholders have identical voting rights.
1
Situation based on the transparency declarations received under the Law of
02.05.2007. Any changes notified since 31.12.2014 have been published according
to the provisions of the above-mentioned Law and can be consulted on the
company’s website
www.cofinimmo.com.2
The voting rights attached to the own shares held by the Cofinimmo Group are
suspended.
3
This calculation of the free float, generally used by Euronext, includes all
shareholders individually holding less than 5% of the capital.
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