Annual Report 2017

Explaining our Corporate Governance

GrandVision N.V. is a Dutch public limited company listed on Euronext Amsterdam. GrandVision applies the new Dutch Corporate Governance Code which was published in 2016. GrandVision has prepared this Corporate Governance report in accordance with the new Dutch Corporate Governance Code and applicable law.

GrandVision is subject to both external regulations and internal control documents. Responsibility for management and control of Grandvision’s Corporate Governance and Compliance is shared between the shareholders, Supervisory Board and Management Board. This is further elaborated in the Supervisory Board Rules and Management Board Rules.

Examples of some of the external regulations with regards to Corporate Governance that apply to GrandVision are:

  • Dutch Company Act
  • Dutch Civil Code
  • EU Market Abuse Regulation (596/2014/EU)
  • New Dutch Corporate Governance Code based on the principle of Comply or Explain
  • Directive 2014/95/EU (please find reference table in Appendix)

Examples of some of the internal control documents that apply to GrandVision are :

  • Articles of Association
  • Code of conduct
  • Supplier Code of Conduct
  • Whistleblower Procedure
  • Insider Trading Policy
  • Antitrust Compliance Policy
  • Supervisory Board Rules
  • Management Board Rules
  • Tax Policy
  • Human Rights Policy
  • Anti-Discrimination and Equality Policy