Operations of the Board of Directors
The Board of Directors gathered a total of six times in 2010. One meeting handled mainly the 2010 budget and two meetings handled the establishement of the annual accounts as per 31 December 2009 and the mid-year accounts as per 30 June 2010. One meeting exclusively handled a revision of the strategy of the Recticel Group.
Each meeting also addressed the state of affairs per department and the most important current and/or divestment files. Other subjects (human resources, external communication, litigations and legal issues, delegations of authority and such) are discussed as and when necessary.
The written decision procedure was not applied in 2010.