Balanced governance

Elected by their farmer colleagues, the members of the Board are the guarantee of lasting action. More than ever before Men need to join forces. And more than ever before, Limagrain bears responsibility for sustainable efficient channels for its members' farms. This proximity with the land is also manifest in international markets, which are approached with the constant desire to understand local cultures in order to provide them with better services. It is the commitment to solidarity, fidelity, mutual trust and responsibility in a shared project, the Limagrain project.

Limagrain has established its development on the right balance in its governance, combining economic performance of its business units, a specific approach to shareholding, and the Group's world dimension. Power is shared out: the elected Directors provide direction and control, while the salaried top executives propose and implement. Any strategic decision is carefully thought out after examining analyses based on a network of economic intelligence and on forward planning. It emanates from the search for consensus with the aim of consolidating the Group's financial performances, while preserving the best interests of the cooperative members and the employees.

The decentralized organization of Board Meetings, on which the Cooperative directors sit, and also, when required, directors representing other shareholders, allows each subsidiary to work really closely to its own market, while integrating the Group's orientations. Finally, since 1999, the top executives, whatever their country of origin and their status, hold shares in the Cooperative's stock alongside the farmer members.
This strengthens the idea of proximity even more, increasing the Group's efficiency
on its markets.

Thanks to this stable and solid system of shareholding, which bears a long-term vision, Limagrain is assured of long-lasting successful economic performances.