Training and evaluation

There is a training curriculum for all Supervisory Board members that comprises:

  • Board program training modules and meetings

  • Internal KPMG and other e-learning courses (covering subjects such as data privacy, Board independence and information protection)

There is also an extensive induction program for new Supervisory Board members. During the past year, the Supervisory Board focused its training program on ESG, digital, and inclusion, diversity & equity.

Board evaluation

When relevant during the year, discussions took place during closed preparatory sessions of the Supervisory Board. Profile and composition of the Supervisory Board were extensively discussed in light of (upcoming) vacancies and the conclusions thereof were implemented in the recruitment processes. The performance of the members of the Board of Management (against agreed targets) was discussed in advance of the yearly evaluation conversations with members of the Board of Management.

In February 2023 a joined session of the Supervisory Board and the Board of Management took place to assess the cooperation between the Supervisory Board and the Board of Management. This session was facilitated by an external party. In September 2023 the Supervisory Board underwent the annual self-assessment. In this self-assessment inter alia the composition of committees of the Supervisory Board, board room dynamics with the Board of Management and the functioning of the members of the Supervisory Board and the Board of Management were discussed. As a follow-up action, another joint session with the Board of Management to evaluate the cooperation took place in November 2023.