The four permanent committees of the Supervisory Board: Preparatory commissions
The Supervisory Board of Royal Schiphol Group has four permanent committees: the Audit Committee, the Selection & Appointments Committee, the Remuneration Committee and the Sustainability and Safety Committee. The committees meet independently and carry out preparatory work in a number of subareas for the Supervisory Board as a whole.
The Audit Committee's tasks include monitoring the internal risk management and control systems, the annual and half-year financial reports and financing. Matters such as taxation, treasury policy, insurance policies and pensions also form part of this committee’s portfolio.
Selection & Appointments Committee
The Selection & Appointments Committee carries out activities connected to procedures for the appointment of Supervisory Board and Management Board members, including drawing up selection criteria.
The Remuneration Committee is responsible for the remuneration policy and the remuneration of members of the Management Board. It also prepares the Remuneration Report, and, together with the Chair of the Supervisory Board, carries out periodic performance assessments of the individual Management Board members and reports its findings to the Supervisory Board.
Sustainability & Safety Committee
The Sustainability & Safety Committee has a dual task. On the one hand, it advises the Management Board and Supervisory Board on the airport's safety and security while, on the other, it plays an important role in defining Schiphol Group's sustainability vision.
Each of these committees is subject to regulations, which can be found on our Corporate Governance page. The committees meet independently and carry out preparatory work in a number of sub-areas for the Supervisory Board as a whole. The committees report on the outcome of their meetings in a Supervisory Board meeting. The Supervisory Board as a whole takes decisions based on these reports.