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Corporate governance

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Implementing the stratetic plan



Governance at Faurecia is provided by its Executive Committee and Board of Directors.

The full Executive Committee meets twice a month in order to review the principal questions relating to the general organization of the Group. It discusses and prepares decisions on major operations-related issues concerning the Company and its subsidiaries, which are then taken and implemented by each of the Committee’s members in line with their functions.

The Board of Directors determines overall business, financial and economic strategies for the Company and the Group and oversees their implementation. Subject to the powers expressly granted to Shareholders’ Meetings and within the limit of the Company’s purpose, the Board deals with all matters concerning the Company’s affairs and decides on matters involving the Company. The Board is consulted with respect to all Company or Group strategic decisions at the initiative of its Chairman.

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