The Audit Committee is a standing committee of the Supervisory Board, which main purpose is assisting the Supervisory Board with supervising and monitoring the Group Management Board of the Company by overseeing, advising and preparing decisions on the following specific matters:
- financial administration and accounting;
- internal risk management and control system;
- corporate accounting and reporting practices; and
- quality and integrity of financial report.
The Audit Committee consists of at least two members and is currently composed of the following members: Mr. Yves KERVEILLANT (Chairman), Mr Paul RAGUIN.
Yves Kerveillant is a graduate of HEC and holds the diploma of Chartered Accountant. Prior to joining the Equideals consulting firm and taking over its presidency in 2009, Yves headed for over 20 years a leading group of accounting firms. In parallel, he is the statutory auditor of 80 companies, several of which are listed on the stock market. His areas of expertise include business development assistance, advice on M&A related to small or medium firms as well as the elaboration of recovery and restructuring plans.
Paul Raguin holds a degree from the Institut de Hautes Finances de Paris and an MBA from Laval University in Quebec. He is an engineer economist at CNAM, a winner of the Sully Olivier de Serres prize, an expert topography geometrist and an ITM/ICM city planner. In 1986, he founded EOLANE Group and ran it as CEO until 2017. Today, he acts as chairman for their supervisory board. Previously, he held various positions in the sales, operations and financial departments at Vilmorin Group, the Lepage business incubators and the Institut Français de Gestion, and was administrator of the insurance group La Mondiale AG2R for 14 years. Paul Raguin is a Knight of the Order of the Legion of Honor.