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DANONE
REGISTRATION DOCUMENT 2015
Corporate Governance
6.1 Governance bodies
208
In accordance with Article L. 225-37 of the French commercial code, this section on Corporate Governance includes the Chairman's report (i) on
the composition, the conditions for the preparation and organization of the work performed by the Board of Directors (section 6.1 Governance
bodies), as well as (ii) on the internal control and risk management procedures at Danone (section 6.4 Internal control and risk management).
In accordance with Article L. 225-37 of the French commercial code, the Company declares that it refers to the Corporate Governance Code for
listed companies revised in November 2015 (the “AFEP-MEDEF Code”).
This report was prepared based on work completed by the Legal Department, working closely with the Human Resources Department, the Finance
Department and the Internal Control Department. It was first presented to the Nomination and Compensation Committee on February 11, 2016
and was then approved by the Board of Directors on February 22, 2016.
6.1 GOVERNANCE BODIES
TABLE OF CONTENTS
Board of Directors
209
Composition
209
Rules applicable to the organization and governance of
the Board of Directors
212
Operation during the fiscal year
215
Work
218
Self-assessment
220
Lead Independent Director
220
Audit Committee
222
Composition
222
Rules of procedure
222
Work
223
Nomination and Compensation Committee
224
Composition
224
Rules of procedure
224
Work
225
Social Responsibility Committee
226
Composition
226
Rules of procedure
226
Work
227
Strategy Committee
228
Composition
228
Rules of procedure
228
Work
228
Executive Committee
229
Role
229
Composition
229
Application of the AFEP-MEDEF Corporate Governance
Code for listed companies
230