Stedin Groep is voluntarily following the Corporate Governance Code from 2018. An important principle of the Code is long-term value creation. That is the keystone of our business operations and mission. Good corporate governance is an essential prerequisite for this. For Stedin Group, this means that we carry out an efficient and responsible company policy on which we render account to our stakeholders. The Dutch Corporate Governance Code helps us do this in a structured and a, for the outside world, recognisable and comparable manner.
The Supervisory Board (SB) of Stedin Holding N.V. advises the Executive Board (EB) and supervises the policy of the EB and the general course of business in the company and the associated companies. The Supervisory Board consists of Theo Eysink, Pieter Trienekens, Hanne Buis, Doede Vierstra, Annie Krist en Dick van Well.
The SB of Stedin Holding N.V. has appointed two committees. An Audit Committee that supervises important financial affairs and a Remuneration, Selection and Appointment Committee that advises on the remuneration of the Executive Board members and provides for the selection and appointment of Executive Board members.
The Executive Board (EB) is responsible for the day-to-day management of Stedin Group and holds the final responsibility for the performance of the holding and the group companies.
The Executive Board members are appointed by the Supervisory Board and are accountable to the Supervisory Board and the General Meeting of Shareholders (AGM). The Executive Board of Stedin Group consists of four members. Marc van der Linden, David Peters, Danny Benima and Judith Koole.
Stedin Group has a whistleblower policy in which it has laid down in which manner suspected irregularities should be reported and handled. As a result, every employee can report every (suspected) irregularity of a general, operational and financial nature within Stedin Group in a responsible manner.
Stedin Group's has also a code of conduct. It has been laid down in this code of conduct how we should act towards one another and towards business partners, how we should deal with commercial and private interests, company property, (confidential) company information and security.