Governance

A strengthened governance to deliver a sustainable value creation

Soitec has established governance rules in compliance with applicable laws, regulations and recommendations (including those of the Autorité des marchés financiers (AMF), the French stock market regulator, and designed its mission and its ambitions to ensure an effective decision-making process and the transparency of its operations, taking into account the interest of all of its stakeholders.

The Company refers to the Corporate Governance Code for listed companies published by the AFEP (Association Française des Entreprises Privées, the French Association of Private Companies) and the MEDEF (Mouvement des Entreprises de France, the French Business Confederation) (the "AFEP-MEDEF Code").

The Board of Directors has fourteen Directors, including the Chief Executive Officer, seven independent Directors, five women and two Directors representing employees. The composition of the Board of Directors is intended to adhere closely to the principles of diversity and to reflect the geographic mix of the business, to provide a range of technical skills, and to include individuals with in-depth knowledge of Soitec's activities, allowing a rapid and in-depth understanding of Soitec's development challenges and an informed decision-making process.

The Board of Directors is supported by four Committees: the Strategic Committee, the Audit and Risks Committee, the Compensation and Nominations Committee and the Environmental, Social and Governance (ESG) Committee. Its Committees have the multidisciplinary, cross-cutting and complementary skills required to support the Group’s development, meet its challenges and seize opportunities.

For more information, please refer to Chapter 4 of the Universal Registration Document of Soitec.