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CORPORATE GOVERNANCE STATEMENT
Lorraine, Brussels Metropolitan Region
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Previous offices: BT Belux SA/NV, EuroCommerce AISBL, FEDIS
ASBL/VZW, FEB ASBL/VBO VZW
Role of the Board of Directors
The role of the Board of Directors is to:
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set the strategic guidelines for the company, either on its own
initiative or as proposed by the Executive Committee;
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oversee the quality of management and its compliance with
the chosen strategy;
•
examine the quality of information given to investors and the
public;
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ensure that all the Directors, who are jointly and severally
responsible for the interests of the company and for the
development of Cofinimmo, are acting independently;
•
deal with all matters linked to its legal responsibilities (approval
of the strategy and budget, adoption of the annual, half-yearly
and quarterly accounts, use of the authorised capital, approval
of merger or demerger reports, convening of the Ordinary and
Extraordinary General Meetings, organisation of the decision-
making bodies and appointment of their members).
Activity report of the Board of Directors
Apart from the recurrent subjects dealt with by the Board, it has
also taken decisions on various matters, including the following:
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constant monitoring of the finance plan;
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review, examination and selection of guidelines for Cofinimmo’s
development, diversification and strategy;
•
review of the Risk Management reference framework, the
Risk Assessment of the Cofinimmo Group and the various
assignments of the Internal Auditor;
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analysis and approval of investments, divestments and (re)
development projects;
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sale of shares of Galaxy Properties and the freehold of the
North Galaxy office building;
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sale of five healthcare assets in France;
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acquisition of the Green portfolio (13 assets in the Netherlands);
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acquisition of a rehabilitation clinic in Germany;
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launch of the Belliard 40 redevelopment works;
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proposal to shareholders to opt for a 2013 dividend in shares;
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application for approval as a RREC (Regulated Real Estate
Company);
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restructuring of the interest rate hedging instruments;
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adoption of a Phantom Unit Plan for members of the Executive
Committee;
•
appointment of Mr. Jérôme Descamps as Chief Financial
Officer, member of the Executive Committee and his proposed
appointment as Executive Director;
•
the proposed appointment of Mr. Christophe Demain as a
Director representing the shareholder Belfius Insurance and
Mrs. Kathleen Van den Eynde as an Independent Director under
the terms of Article 526ter of the Company Code;
•
the proposed renewal of the term of office of Mr. Xavier Denis
as Executive Director and Member of the Executive Committee;
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the proposed renewal of the term of office of the Auditor,
SCRL Deloitte, Company auditors, represented by Mr. Frank
Verhaegen.
GAËTAN HANNECART
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Current function: Managing Director and Chairman of the
Executive Committee of Matexi SA/NV (Franklin Rooseveltlaan
180, 8790 Waregem, Belgium)
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Current offices: various offices in subsidiaries of the Matexi
Group (Ankor Invest SA/NV, De Burkel SA/NV, Duro Home
Holding SA/NV, Entro SA/NV, Familo SA/NV, Hooglatem SA/NV,
Immo Vilvo SA/NV, Kempense Bouwwerken SA/NV, Matexi SA/
NV, Matexi Antwerpen SA/NV, Matexi Brabant Flamand SA/
NV, Matexi Brabant Wallon SA/NV, Matexi Brussels SA/NV,
Matexi City Development SA/NV, Matexi Group SA/NV, Matexi
Hainaut SA/NV, Matexi Liège SA/NV, Matexi Limburg SA/NV,
Matexi Luxembourg SA/NV, Matexi Namur SA/NV, Matexi Oost-
Vlaanderen SA/NV, Matexi Projects SA/NV, Matexi Real Estate
Finance SA/NV, Matexi West-Vlaanderen SA/NV, Renoplan SA/
NV, Quaerocq CVBA, SDM SA/NV, Sibomat SA/NV, Tradiplan SA/
NV, Wilma Project Development Holding SA/NV, Zennebroeck
SA/NV, Zenneveen SA/NV), Union Professionnelle du Secteur
Immobilier/Beroepsvereniging van de Vastgoedsector (UPSI/
BVS), Youthstart, Itinera Institute ASBL/VZW, Real Dolmen SA/
NV, Nimmobo SA/NV, Vauban SA/NV, Campagne du Petit Baulers
SA/NV, Coogee SA/NV, Galerie des Carmes SA/NV, Vicinia ASBL/
VZW, Vilvoorde Development SA/NV, Group Louis Delhaize
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Previous offices: Home Invest Belgium SA/NV, Advisory Board
on Urban Planning to the Flemish government
INÈS REINMANN-TOPER
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Current function: Partner in Edmond de Rothschild Corporate
Finance SA (47 Rue du Faubourg Saint Honoré, 75401 Paris
cedex 08, France)
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Current offices: Gecina SA, Axcior Immo, Lapillus OPCI, Axcior
Corporate Finance SA
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Previous offices: Segro PLC SA
FRANÇOISE ROELS
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Current function: Secretary General & Group Counsel of
Cofinimmo SA/NV (Boulevard de la Woluwe/Woluwedal 58, 1200
Brussels, Belgium)
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Current offices: various offices in subsidiaries of the Cofinimmo
Group, EPRA Regulatory Committee, Euroclear Pension Fund
OFP, Women on Board ASBL/VZW
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Previous offices: Institut des Juristes d’Entreprise/Instituut
voor Bedrijfsjuristen
ALAIN SCHOCKERT
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Current function: Chairman of the Executive Committee of Bank
Degroof SA/NV (Rue de l’Industrie/Nijverheidsstraat 44, 1040
Brussels, Belgium)
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Current offices: various offices in subsidiaries of the Degroof
Group (Bank Degroof SA/NV, Bank Degroof Luxemburg SA/NV,
BD Square Invest SA/NV, Degroof Corporate Finance SA/NV,
Degroof Structured Finance SA/NV, Fonds de pension 2005
Banque Degroof, Fonds de pension Banque Degroof, Guimard
Finance SA/NV, Industrie Invest SA/NV, Société Immobilière &
Financière Industrie Guimard SA/NV), Brocsa SA/NV
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Previous offices: -/-
BAUDOUIN VELGE
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Current function: Managing Partner of Interel Belgium SA/NV
(Rue du Luxembourg/Luxemburgstraat 22-24, 1000 Brussels,
Belgium)
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Current offices: Bekaert SA/NV, BECI, Ducroire, Bernhein
Foundation, École pour le Management (EPM) SA, Cercle de
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