Present and accounted for. Meeting attendance rules.
We encourage members of the Board of Directors to attend all meetings of the Board and the committees on which they serve as well as to spend the necessary time needed to discharge their responsibilities appropriately. The Chairperson attends selected committee meetings as a guest.
Board meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held | 25 |
| – of which extraordinary meetings | 16 |
| Meeting attendance, in % | 98 |
| – Number of members who missed no meetings |
12 |
| – Number of members who missed one meeting | 4 |
| – Number of members who missed two or more meetings | 2 |
| Approximate meeting duration, in hours | 4 – 5 |
1 The Board consisted of 13 members at the beginning of the year and 14 members at the end of the year, with 3 members joining the Board at the AGM on April 30, 2021 (António Horta-Osório, Blythe Masters, Clare Brady), 2 members joining at the EGM on October 1, 2021 (Juan Colombas, Axel Lehmann) and 4 members leaving the Board at the AGM on April 30, 2021 (Urs Rohner, Andreas Gottschling, Joaquin J. Ribeiro, John Tiner).
Governance and Nominations Committee meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held |
21 |
| – of which extraordinary meetings |
15 |
| Meeting attendance, in % |
96 |
| – Number of members who missed no meetings |
5 |
| – Number of members who missed one meeting |
2 |
| – Number of members who missed two or more meetings | 1 |
| Approximate meeting duration, in hours | 1 – 2 |
1 The Governance and Nominations Committee consisted of 6 members at the beginning and the end of the year, with 2 members joining the committee (António Horta-Osório, Axel Lehmann) and 2 members leaving the committee (Urs Rohner, Andreas Gottschling).
Audit Committee meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held | 17 |
| – of which extraordinary meetings |
2 |
| Meeting attendance, in % |
99 |
| – Number of members who missed no meetings |
8 |
| – Number of members who missed one meeting | 1 |
| – Number of members who missed two or more meetings | 0 |
| Approximate meeting duration, in hours | 4 – 5 |
1 The Audit Committee consisted of 5 members at the beginning of the year and 6 members at the end of the year, with 4 members joining the committee (Clare Brady, Juan Colombas, Axel Lehmann, Seraina Marcia) and 3 members leaving the committee (Andreas Gottschling, Joaquin J. Ribeiro, John Tiner).
Compensation Committee meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held | 18 |
| – of which extraordinary meetings |
6 |
| Meeting attendance, in % |
92 |
| – Number of members who missed no meetings |
3 |
| – Number of members who missed one meeting | 1 |
| – Number of members who missed two or more meetings | 2 |
| Approximate meeting duration, in hours | 2 – 3 |
1 The Compensation Committee consisted of 4 members at the beginning of the year and 6 members at the end of the year, with 2 members joining the committee (Juan Colombas, Blythe Masters). One of the 18 meetings was a non-mandatory workshop and did not count for meeting attendance.
Conduct and Financial Crime Control Committee meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held | 6 |
| – of which extraordinary meetings |
0 |
| Meeting attendance, in % |
100 |
| – Number of members who missed no meetings |
7 |
| – Number of members who missed one meeting | 0 |
| – Number of members who missed two or more meetings | 0 |
| Approximate meeting duration, in hours | 2 – 3 |
1 The Conduct and Financial Crime Control Committee consisted of 5 members at the beginning and 6 members at the end of the year, with 2 members joining the committee (Clare Brady, Axel Lehmann) and 1 member leaving the committee (Urs Rohner).
Risk Committee meetings
| Meeting attendance in 20211 | |
|---|---|
| Total number of meetings held | 13 |
| – of which extraordinary meetings |
5 |
| Meeting attendance, in % |
88 |
| – Number of members who missed no meetings |
6 |
| – Number of members who missed one meeting | 1 |
| – Number of members who missed two or more meetings | 3 |
| Approximate meeting duration, in hours | 3 – 4 |
1 The Risk Committee consisted of 6 members at the beginning and 7 members at the end of the year, with 4 members joining the committee (Juan Colombas, Axel Lehmann, Blythe Masters, Kai S. Nargolwala) and 3 members leaving the committee (Andreas Gottschling, Michael Klein, Seraina Marcia). One of the 13 meetings was a non-mandatory workshop and did not count for meeting attendance.