The Audit Committee, formed in 1998, is currently composed of six members. Four members out of six are independent, including the Chairman. This corresponds to the two-thirds of Directors recommended by the AFEP-MEDEF Code. Three members of the Committee have specific expertise in financial or accounting matters, two of whom are independent (Lalita D. Gupte and Alan Thomson).
The Committee met four times during fiscal year 2010/11. The average attendance was 100%.