Our corporate governance structure, its supervision and the way it is reported, is in line with the Dutch Corporate Governance Code.
Compliance with current corporate governance code
This Dutch code, first set up in December 2003, contains principles and best practice provisions that regulate relations between the Board of Management, the Supervisory Board and the Shareholder meeting. Companies may depart from the best practice provisions, as these may be justified in certain circumstances. The broad outline of our corporate governance structure and compliance with the principles and best practices of the code – including explanation of our few (currently 4) deviations – was discussed in the AGM in 2010. Since that date no substantial changes have been made. Any substantial changes in the corporate governance structure of Fugro and its compliance with the Code will be submitted to the AGM.
Download the Fugro Comply or Explain report (pdf) – detailing our compliance with the Code
Revised corporate governance code
On 8 December 2016 the corporate governance code monitoring committee published a revised version of the code. Dutch listed companies should report in 2018 on compliance for the 2017 financial year. In the course of 2017 Fugro will be acquainting itself with the revised code and bring its corporate governance structure in line. In 2018 Fugro will report on the revised Code with respect to the financial year 2017 and the key aspects of the corporate governance structure and compliance with the revised code will be discussed at the 2018 AGM.