Ethics, integrity and transparency are the three main pillars on which Antolin’s Corporate Governance is based. With the responsibility that following these three main principles implies, the company adopts sustainability criteria for each and every one of its decisions to ensure the proper functioning of its business activity, looking forward for longterm future and to respond the needs and expectations of its environment and stakeholders
Antolin also monitors the trends that set the path in terms of governance and integrates them into its governance model, as well as extending the environmental, social and good governance requirements into the company’s strategy and the development of these criteria in the supply chain.
| Corporate Governance |  |
GOVERNMENT MODEL
Antolin’s governance and administration bodies are governed by a set of rules and principles that safeguard the smooth running of the company:
- Articles of Association.
- Internal Corporate Governance Rules.
- Vision and Values.
- Code of Ethics and Conduct.
- Corporate policies.
- Other internal codes, processes and procedures required or recommended through sector-related provisions.
- The Regulations of the Board of Directors and of the Delegated Committees.
GOVERNING BODIES
The General Shareholders’ Meeting and the Board of Directors are the backbone of Antolin’s governance model. The company is 100% controlled by the Antolin family.
General Shareholders’ Meeting
All its members belong to the Antolin family and all the shareholders are represented in it. It is therefore the company’s highest decision-making body.
Board of Directors
This body is responsible for the governance and administration of the company through the approval of the corporate strategy and general policies, as well as the supervision of those matters of particular importance for the company and that are of special relevance to stakeholders.
The Board is made up of five members, two of whom are women, who are elected by the General Shareholders’ Meeting for a renewable six-year period. Daily management is entrusted to the Chief Executive Officer and Management Committee.
Territorios
Committees
- Audit Committee:
This is chaired by an independent advisory director and it is responsible of: supervising internal control, risk management, internal financial reporting management system (FRMS) and external audit. It also works with the Sustainability and Corporate Governance Committee to analyze the management of conflicts of interest and prepare the formulation of the annual accounts and the Statement of Non-Financial Information (SNFI).
- Sustainability and Corporate Governance Committee:
Chaired by an independent advisory director. It has powers to monitor compliance with the Corporate Governance rules, internal codes of ethics, compliance programs, environmental policies and corporate responsibility. It also supervises the Annual Corporate Governance Report and the preparing of the SNFI, in coordination with the Audit Committeex.
- Appointments and Remuneration Committee:
It deals with evaluating the remuneration policies of the company and has responsibility for nominating candidates for the Advisory Board and the Board of Directors; as well as, for analyzing candidates for senior management roles. Like the two previous committees, it is also chaired by an independent advisory director.
 Audit Committee |
4 Members
|
1 Woman
|
2 Independent advisory directors
|
7 Meetings
|
 Sustainability and corpotate governance committee |
4 Members
|
2 Women
|
2 Independent advisory directors
|
7 Meetings
|
 Appointments and remuneration committee (ARC) |
5 Members
|
2 Women
|
2 Independent advisory directors
|
7 Meetings
|
Meetings in the financial year 2021
Advisory Board
It is a consulting body that offers advice on all those decisions corresponding to its area of responsibility, as established in the Board regulations. Operating as a joint committee, it is made up of four independent advisory directors, three women, who are members and chair the different Delegated Committees. All of them have had outstanding careers in their respective areas and experience in leading companies and organizations. They also come from different professional backgrounds, which undoubtedly enriches their contribution as advisers to Antolin.
Territorios
