Audit Committee


The Audit Committee, formed in 1998, is composed of five members. Four members out of five are independent, including the Chairman. This corresponds to the two-thirds of Directors recommended by the AFEP-MEDEF Code. Four members of the Committee have specific expertise in financial or accounting matters, three of whom are independent (Lalita D. Gupte, Geraldine Picaud and Alan Thomson).

The Committee met four times during fiscal year 2014/15. The average attendance was 95%.