Board policies

General conduct policies

Each member of the Fortis Board shall adhere to the policies concerning integrity and ethical conduct, which also apply to the management and other employees of Fortis. These policies include the Fortis Principles of Business Conduct and the Fortis Rules on Private Investments.

Board Competency profile

In order to adequately fulfil its responsibilities, the Board as a whole should also possess the core competencies, as described in the competency profile. Each member is nominated on the basis of his or her potential contribution in terms of knowledge, experience and skill in one or more areas.

Board Independence Requirements

The Board of Directors has adopted a number of principles with regard to the independence of its Non-executive members.

Remuneration Policy

The remuneration of the Fortis Board members and Executive Managers is determined by the Board of Directors in accordance with the remuneration policy.

Policy on the Independence of External Audit Firms

The Board of Directors has adopted a Fortis policy on the independence of its external audit firms.

More information on the 2007 remuneration
of Fortis Directors and Executive Committee
members in the Fortis Financial Statements 2007

More information on Board Policies in the “Fortis Governance Statement”

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