Royal Schiphol Group N.V. is a public limited liability company with a full two-tier board regime. The State of the Netherlands, the city of Amsterdam, and the city of Rotterdam are joint shareholders. The Corporate Governance structure is based on Book 2 of the Dutch Civil Code, the company’s articles of association and various internal regulations.
The members of the Management Board of Royal Schiphol Group share responsibility for the management of Schiphol Group and for its general affairs both within Schiphol Group and at its group companies. Each member has accepted responsibility for a particular area, as approved by the Supervisory Board. The Management Board consists of three members and, in principle, meets once every two weeks.
Royal Schiphol Group's Supervisory Board is tasked with monitoring the management of Schiphol Group and its general affairs. It also advises the Management Board. The Supervisory Board consists of at least five and at most eight members and meets at least four times a year.
Members of the Supervisory Board are (re)appointed by the General Meeting of Shareholders, based on recommendations from the Supervisory Board. The Supervisory Board operates under the Supervisory Board Rules; the Charters of the Supervisory Board Committees and the Profile of the Supervisory Board Membership are also part of these Rules. The rotation schedule of the Supervisory Board can be found below.
The Supervisory Board has four permanent committees: the Audit & Investment Committee, the People & Transformation Committee, the Operations & Passengers Committee and the Public Affairs & Sustainability Committee. The committees meet independently and carry out preparatory work in a number of subareas for the Supervisory Board as a whole.
Since 2004, Royal Schiphol Group has applied the principles and best practice provisions of the Corporate Governance Code - drawn up by the Tabaksblat Committee - wherever possible and/or appropriate. These provisions have been incorporated in the company's articles of association and various internal regulations.
The Annual General Meeting of shareholders takes place in April at the latest.
The downloads below contain a wide variety of rules, regulations and guidelines that support and convey our Corporate Governance. Among other matters, the Royal Schiphol Group Code of Conduct contains the internal reporting regulations for misconduct and fraud (the Whistle-blower Regulations).