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Audit & Sustainability Committee

In accordance with Article 7:99 of the Belgian Companies and Associations Code, the Audit & Sustainability Committee oversees several key areas, including the financial and non-financial reporting process, the effectiveness of the company’s internal control and risk management systems, the Internal Audit function, the statutory control of the annual and consolidated accounts, and the Auditor's independence. 
The Audit & Sustainability Committee’s terms of reference are included in the Corporate Governance Charter, which describes its duties.

The Audit & Sustainability Committee comprises four members, all of whom are non-executive and independent directors, as defined by Article 7:87, §1 of the Belgian Companies and Associations Code in conjunction with principle 3.5 of the Corporate Governance Code 2020.

Dirk Verbruggen (representing Roffoelkin BV) serves as Secretary of the Audit Committee.

The composition of the Audit & Sustainability Committee adheres to the requirements outlined in the Recticel NV/SA articles of association and the relevant provisions of the Belgian Companies and Associations Code.

In compliance with Article 7:100 of the Belgian Companies and Associations Code, Recticel declares that the Audit & Sustainability Committee Chairman, Luc Missorten, possesses the requisite expertise in accounting and auditing. The Chairman and the other members also bring a collective expertise relevant to the Company’s activities.
 

Members of the Audit & Sustainability Committee to date

1 in his capacity as permanent representative of LUBIS BV
2 from 28/05/2024 in his capacity as permanent representative of D.A.S.T. NV
3 in her capacity as permanent representative of IMRADA BV
4 in her capacity as permanent representative of MOROXCO BV

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