The principal tasks of the audit committee are as follows:
- Discussion on the quarterly, half-yearly and annual figures
- Analysis of the annual accounts and statutory reports
- Discussion on the budgets
- Monitoring of the legal control of the (consolidated) annual accounts and analysis of the recommendations of the statutory auditor
- Analysis of the efficiency of the internal control mechanism and risk management of the company
The audit committee meets at least four times a year. It reports its findings and recommendations directly to the board of directors.
Composition of the audit committee:
- Ludo Ruysen, chairman
- Anka Reijnen
- Lieven Cuvelier