Governance structure
Valeo S.E.): voting rights ownership ratio of 61.11% (indirect ownership). Valeo Management (Valeo Management): voting rights ownership ratio of 61.11% (direct ownership
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
Valeo Bayen (Valeo Bayen) changed its corporate name to Valeo Management (Valeo Management) effective 31 May 2025. Other changes are Not disclosed
| Item | Details |
|---|---|
| Number of directors | 6 directors, of whom the number of outside directors is not disclosed |
| Number of independent officers | 2 people (the document also states that there are 2 independent outside directors and 2 independent outside corporate auditors) |
| Committee | Conflict of Interest Monitoring Committee: 2 of its 3 members are independent directors (the proportion of outside members is Not disclosed) |
| Controlling shareholder | Valeo (Valeo S.E.): voting rights ownership ratio of 61.11% (indirect ownership). Valeo Management (Valeo Management): voting rights ownership ratio of 61.11% (direct ownership) |
| Changes this time | Valeo Bayen (Valeo Bayen) changed its corporate name to Valeo Management (Valeo Management) effective 31 May 2025. Other changes are Not disclosed |
Items this document does not state (3)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Valeo Management conducted a tender offer, making it and its parent company, Valeo, the parent companies of the Company. The change is also intended to enhance synergies in business operations through cooperation with the parent company group.