The Executive Board is responsible for the management of Enexis Holding N.V. The Executive Board sets the company's operational and financial objectives and defines the strategy needed to achieve those objectives and preconditions of that strategy.

The Executive Board operates under the supervision of the Supervisory Board and the General Meeting of Shareholders and within the provisions of the Articles of Association. The Executive Board is responsible for compliance with all relevant legislation and regulations, risk management and the financing of the company. Together with the Supervisory Board, the Executive Board is responsible for the corporate governance structure of Enexis Holding N.V. and compliance with the Corporate Governance Code.

Division of duties & remuneration

The Executive Board works in accordance with a set of rules approved by the Supervisory Board and corresponding closely to the Dutch Corporate Governance Code. The remuneration of the executive directors is adopted by the General Meeting of Shareholders in accordance with the company’s remuneration policy.

The Supervisory Board determines the level of remuneration for each executive director based on the suggestion of the Remuneration and Selection Committee. Details of the remuneration of the Executive Board are given in the annual report.