2007 Interactive Annual Report - Renault

corPorate governance
oPeration of board committees
The Board of Directors has four specialized
Committees.
accounts and audit committee
The Committee has six members: its chairman,
Philippe Lagayette; Alain Champigneux;
Charles de Croisset; Dominique de la
Garanderie; Jean-Claude Paye and Remy
Rioux. Four of the six are independent directors.
In 2007, the Committee met four times.
Subjects considered included consolidated
and parent-company financial statements
for full-year 2006 and the first half of
2007; dividends to be paid in respect of
the 2007 financial year; auditors' fees; the
internal audit plans for 2007 and 2008;
and the establishment and operation of the
Compliance Committee.
remuneration committee
The Committee has three members: its
chairman Franck Riboud; François de
Combret and Marc Ladreit de Lacharrière,
all independent directors. The Committee
met twice in 2007, considering issues that
included in particular conditional allocation
of stock options and free shares in respect of
the 2007 and 2008 financial years and the
Renault Commitment 2009 business plan,
as well as compensation of the Chairman
of the Board of Directors, the President and
CEO, and the members of the Executive
Committee.
10
aPPointments and governance
committee
The Committee has three members: its chairman
Louis Schweitzer and two independent
directors, Marc Ladreit de Lacharrière and
Dominique de La Garanderie. In 2007, the
Committee met twice to consider issues that
included Board membership and revision of
the list of independent directors based on the
criteria defined in the AFEP-Medef report on
corporate governance. The Committee also
reviewed the results of the self-assessment
conducted by the Board of Directors and
considered the situation regarding the succession
of Renault managers in compliance
with the rules of corporate governance.
international strategy
committee
The Committee has five members: its chairman
Henri Martre; Yves Audvard; Michel
Barbier; Catherine Bréchignac; Jean-
Claude Paye and Georges Stcherbatcheff.
Two are independent directors. In 2007,
the Committee met twice to examine the
role of Renault and Nissan information systems
in support of Renault's international
development, and the state of the Chinese
automobile industry and market.
tHe executive committee
at tHe annual general meeting
on may 2, 2007.
2007 Renault Annual Report