Related-party agreements (Article L.225-38 and seq. of the French Commercial Code)
The Board of Directors adopted a procedure for reviewing related-party and routine agreements. This internal procedure describes the methods used by the Group to identify, classify, and regularly monitor and control agreements entered into between the Company and any "interested party" within the meaning of the applicable regulations.
The Audit and Risks Committee reports once a year to the Board of Directors on the application of the procedure and proposes updates where required. Interested parties are not involved at any stage of the process when deciding whether or not to reclassify agreements with interested parties as related-party agreements entered into the ordinary course of business.
Soitec designs and manufactures highly advanced semiconductor materials and play a key role in the microelectronics industry
The company is managed by the Chief Executive Officer, his Executive Committee and the Board of Directors
To contribute to a more sustainable future, we have placed environmental, social and governance issues at the heart of our strategy
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