Directive (EU) 2022/2381

In force

This text since 27 Dec 2022law://eu/dir/2022/2381/art_13__para_4@2026-11-12

Contents

4.In its report referred to in paragraph 3 of this Article, the Commission shall assess whether, in the light of developments in the representation of women and men on boards at different levels of decision-making throughout the economy and taking into account whether the progress made is sufficiently sustainable, this Directive is an efficient and effective instrument for increasing the gender balance on boards. On the basis of that assessment, the Commission shall consider whether there is a need to extend the duration of this Directive beyond 31 December 2038 or whether there is a need to amend it, for instance by extending its scope to non-listed companies which do not fall within the definition of SMEs or by revising the conditions set out in Article 12(1), first subparagraph, point (a), so as to ensure continued progress towards a more balanced representation between women and men among executive and non-executive director positions or all director positions in listed companies.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Directive · (EU) 2022/2381 · EEA relevant
Adopted: 23 Nov 2022
In force: 27 Dec 2022
Made by: Council of the European Union, European Parliament
Official: EUR-Lex 32022L2381 · ELI

Topics

appointment of staff board of directors board of management female work gender equality managing director organisation private sector stock exchange Social provisions

History · 1 version

27 Dec 2022Reading

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Defined terms · 8

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board
means an administrative, management or supervisory body of a listed company;
director
means a member of a board, including a member who is an employees’ representative;
dual board system
means a system in which the management and supervisory functions of a listed company are carried out by separate boards;
executive director
means a member of a unitary board who is engaged in the daily management of a listed company or, in the case of a dual board system, a member of the board which carries out the management functions of a listed company;
listed company
means a company which has its registered office in a Member State and whose shares are admitted to trading on a regulated market within the meaning of Article 4(1), point (21), of Directive 2014/65/EU in one or more Member States;
non-executive director
means a member of a unitary board other than an executive director or, in the case of a dual board system, a member of the board which carries out the supervisory functions of a listed company;
SME
means a company which employs less than 250 persons and has an annual turnover not exceeding EUR 50 million or an annual balance sheet total not exceeding EUR 43 million, or, for an SME having its registered office in a Member State whose currency is not the euro, the equivalent amounts in the currency of that Member State.
unitary board
means a single board that carries out both the management and supervisory functions of a listed company;