Download the 2009 annual report in PDF format - ANF

102
INFORMATION ABOUT ANF
Reports and information for the Shareholders’ Meeting
Options granted to the top ten Company
employees who are not offi cers and who
have been allocated options and the options
exercised by them
Options granted during the fi scal year, by ANF
and by any company included in the scope of attribution
of the options, to the top ten employees of the issuer
and of any company included in the scope, of which
the number of options granted is the highest
(overall information)
Options held against the issuer and the companies
mentioned above, exercised, during the fi scal year,
by the issuer’s top ten employees and employees
of the aforementioned companies, the number of
options thus purchased or subscribed being the highest
(overall information)
ANF • 2009 ANNUAL REPORT
Number of options
allocated/shares
subscribed for
or purchased Weighted average price Plan
25,500 31,96€ December 14, 2009
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6.7 Internal Control Report from the Chairman
of the Supervisory Board
ANF
A French corporation (limited company) with Executive and
Supervisory Boards
with share capital of €26,070,846
32 rue de Monceau, 75008 Paris
Paris Trade and Companies Registry No. 568 801 377
Report from the Chairman of the Supervisory
Board prepared in line with Article L. 225-68
of the French Commercial Code
Pursuant to legal requirements, the Chairman of the Supervisory
Board includes in this report:
• the composition and conditions of preparation and organisation
of the work of the Supervisory Board;
• internal control and risk management procedures implemented
by the Company;
• the principles applied by the Company in terms of corporate
governance;
• special procedures relating to shareholders’ participation in
Shareholders’ Meetings;
• principles and rules ordered by the Supervisory Board to
determine compensation and benefi ts of any kind given to
corporate offi cers, as well as the publication of the information
referred to in Article L. 225-100-3 of the French Commercial
Code.
The internal control mechanism has been set up to cover the fi ve
major components listed below in order to ensure their effective
implementation:
• appropriate organisation;
• internal distribution of pertinent and reliable information;
• a system for tracking, analysing and managing risks;
• monitoring procedures;
�
• constant surveillance of procedures.
Contents
This internal control mechanism makes it possible:
• on the one hand, to ensure that the acts of management and
transactions implemented, as well as employees’ behaviour,
are in line with the Company’s business model as dictated by
corporate management bodies, applicable laws and regulations
and internal Company values, standards and operating rules;
• on the other, to verify that the accounting, fi nancial and
management information received by the corporate management
bodies refl ects accurately and fairly the Company’s business
operations and current position.
One of the objectives of the internal control system is to prevent
and manage risks resulting from the Company’s business activities
and the risk of error or fraud, particularly in accounting and fi nancial
matters. Like any control system, it cannot, however, absolutely
guarantee that such risks have been entirely eliminated.
Risk analysis is, moreover, developed further in the Annual Report to
be presented to the Shareholders’ Meeting.
This report was prepared in line with current internal procedures and
further to an analysis of the various relevant departments. It was
also based on the framework established by the Financial Markets
Authority on February 25, 2008. It was reviewed by the Audit
Committee on March 15, 2010 and approved by the Supervisory
Board at its meeting on March 19, 2010.
As decided by the Supervisory Board at its meeting of December 9,
2008 and made public by a press release dated December 12,
2008, the Company refers to the AFEP/MEDEF Corporate
Governance Code of December 2008 available on the MEDEF
OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS