Vilmorin & Cie - Annual report 2017-2018

ANNUAL REPORT Vilmorin & Cie 65 2017-2018 2 2.2. The Board of Directors Vilmorin & Cie has always attached the greatest importance to the quality of its governance, which is strongly marked by two particular aspects: the fact
it is a seed company with the need for a long-term vision, and its reference shareholder, Limagrain, an international agricultural cooperative group. In 1993, when Vilmorin & Cie was first listed on the French stock market, Limagrain made a commitment to encourage its development strategy, respecting the interests of minority Shareholders, another fundamental pillar in the Company’s development. 2.2.1. Composition of the Board of Directors and mandates of the Board Members Composition of the Board of Directors on June 30, 2018 On June 30, 2018, Vilmorin & Cie’s Board of Directors comprised seven members: the Chairman and CEO: Philippe AYMARD, four other Board Members representing the reference shareholder Limagrain: Annick BRUNIER, Jean-Yves FOUCAULT, Sébastien VIDAL and Pascal VIGUIER, two independent Board Members: Mary DUPONT-MADINIER and Miriam MAES. The Board Members are appointed by the Annual General Meeting of Shareholders for a duration of three years, renewable. This term allows for staggered renewal of the Directors in accordance with the recommendations of the Middlenext Corporate Governance Code. 2.2. The Board of Directors Report on CORPORATE GOVERNANCE

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