Supervisory Board

Supervisory Board

General

The SB supervises the policies pursued by the BoM and the general course of affairs of TSN, as well as assisting the BoM by providing advice. In discharging its role, the SB takes into account the interests of TSN and its stakeholders and advises the BoM thereon.

The members of the SB are appointed by the General Meeting of Shareholders of TSN, at the nomination of the SB itself. The SB and its members are not bound by any instructions and shall not receive a binding mandate. At least half of the members of the SB are not in any way involved in the management or supervision of companies belonging to the Tata Steel Group. A quarter of the members of the SB are female. The SB appoints its chair from among its members. The chair does not have a casting vote. Every third member of the SB is appointed considering the enhanced right of recommendation of the Central Works Council of TSN. The SB evaluates and assesses its own performance and that of the members of the BoM. The SB may be assisted in this by an external party.