LISI GROUP - Integrated report 2021

60 — LISI – 2021 INTEGRATED REPORT Commitment Governance Responding to strategic issues — The LISI Group is organized in such a way as to create favorable conditions for its development in compliance with the rules and standards of proper governance. It is structured around three complementary decision-making bodies in order to respond to the Group’s strategic challenges: the Board of Directors, the Executive Committee and the Leadership Board. Since 2011, the LISI Group has adhered to the provisions of the AFEPMEDEF corporate governance code revised in January 2020. LISI’s Board of Directors ensures compliance with that Code while remaining mindful of its balanced composition and the effectiveness of its work through the diversity and skills of its members.