Airbus is managed by the Board of Directors and the Executive Committee. Airbus' Corporate Governance ensures that Airbus is managed according to our Regulating Laws and Articles of Association, and evolves in order to match our growth ambitions, meet our obligations and reach the goals we set ourselves. Our Governance strives to be a transparent body, matching the expectations of the Company’s shareholders throughout the world. The following sections will give you more information about our Governance structure, rules and regulations, and information on Shareholders’ Meetings.
Three Board Committees exist:
The Audit Committee makes recommendations on the approval of the annual financial statements and the quarterly and half-year accounts, supports the Board in the appointment of external auditors and ensures that audit activities are correctly directed.
The Remuneration, Nomination and Governance Committee makes recommendations to the Board for major appointments within the Company, for example in the Executive Committee, for remuneration strategies and long-term remuneration plans and also performs regular evaluations of the Company´s corporate governance.
The Ethics and Compliance Committee assists the Board in overseeing Airbus’ culture and commitment to ethical business and integrity. It oversees the Company's ethics and compliance programme, organisation and framework for the effective governance of ethics and compliance, including all associated internal policies, procedures and controls.