Governance

Eurofins has its registered office located in Luxembourg and its shares are listed in France on the regulated market of Euronext. Eurofins falls under the supervision of the Commission de Surveillance du Secteur Financier (“CSSF”) in accordance with the law of 11 January 2008 on transparency requirements for issuers of securities, as amended (the “Transparency Law”) and shall also be supervised by the Autorité des Marchés Financiers (“AMF”) for the purpose of the Market Abuse Regulation (EU) No 596/2014 on insider dealing and market manipulation that came into effect on July 3, 2016 (The “Market Abuse Regulation”).

Eurofins’ corporate governance practices are governed by Luxembourg laws and its articles of association (the “Articles”). Please click on the following link to access the Company’s Articles of Associations (in French for the legally binding version and in English for an informal non-binding translation only).

Eurofins makes efforts to orient its corporate governance towards the general principles of corporate governance set forth in the Ten Principles of Corporate Governance of the Luxembourg Stock Exchange (available at https://www.bourse.lu/csr-corporate-governance) (the “Ten Principles”).

Eurofins has adopted a Corporate Governance Charter which provides an overview of Eurofins' corporate governance practices .

The Corporate Governance Charter shall be updated as often as necessary in order to provide an accurate reflection of Eurofins’ corporate governance framework and to reflect new rules which may be adopted from time to time by Eurofins in order to enhance its corporate governance.

Eurofins is committed to conducting its business in a responsible and ethical way and has therefore adopted a Group Code of Ethics, which comprises a number of more specific policies (see full list on Core Compliance Documents).

The Group believes that a principles-based approach allows it to continue to be entrepreneurial at the same time as looking after shareholders’ interests. Indeed these two concepts should complement rather than compromise each other. The Board of Directors ("Conseil d'Administration") also believes that a good approach to corporate governance is a sign of a well-managed Group.

The Board of Directors considers that the current corporate governance environment at Eurofins is appropriate for a business of its size, nature and operations.

The Group is run on a day-to-day basis by the Group Operating Council (Management Board).

The Board of Directors is assisted by the Audit Committee in carrying out its responsibilities in relation to corporate policies, internal control, risk monitoring, and financial and regulatory reporting practices.

Disclosure of our Remuneration Policy and benchmarks for Group Operating Council and Board of Directors can be found here. They outline remuneration policy in line with best practice, financial performance criteria for long-term incentives and mandate minimum stock ownership requirement for executive management.