Corporate Governance

The Committee is responsible for:
- Reviewing the annual and interim accounts before they are presented to the Supervisory Board.
- Reviewing the scope of the work performed by the Statutory Auditors and the internal auditors, as well as all issues that affect the reliability and accuracy of the financial statements.

In 2007, the Audit Committee met four times. The average duration of the meetings was 2 hours and the average attendance rate was 94%. The Audit Committee reported to the Supervisory Board on its activities in 2007 at the Board meetings held on February 20, June 29, July 31 and December 19, 2007.

Members as of April 21, 2008:
- Gérard de la Martinière*, Chairman
- James Ross*
- Piero Sierra*
- Serge Weinberg*
- Jérôme Gallot*

*Independent members, as defined in the Bouton report on corporate governance.

Remunerations, Appointments and Corporate Governance Committee

Updated April 21, 2008