As well as an extensive induction program for new Supervisory Board members, there is a training curriculum for all Supervisory Board members that comprises:
Board program training modules and meetings
Internal KPMG N.V. and other e-learning courses (covering subjects such as data privacy, Board independence, and information protection)
During the year, the Supervisory Board focused its training program on ESG, digital, and inclusion, diversity, and equity (IDE).
Board evaluation
When relevant during the year, discussions took place in closed preparatory sessions of the Supervisory Board. The profile and composition of the Supervisory Board were extensively discussed in light of (upcoming) vacancies, and the conclusions 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 November 2023, a joint 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 May 2024, the Supervisory Board underwent its annual self-assessment, covering, among other things, the composition and the functioning of the Board’s committees and boardroom dynamics with the Board of Management. The Supervisory Board also discussed the topics of behavior and culture and concluded that the Supervisory Board would like to discuss these topics in a more structured way.