Contents
- 1. Member States shall ensure that listed companies which do…
- 2. As regards the selection of candidates for appointment or…
- 3. Member States shall ensure that, at the request of a candi…
- 4. Member States shall take the necessary measures, in accord…
- 5. Where the process for selecting candidates for appointment…
1.Member States shall ensure that listed companies which do not achieve the objectives referred to in Article 5(1), point (a) or (b), as applicable, adjust the process for selecting candidates for appointment or election to director positions. Those candidates shall be selected on the basis of a comparative assessment of the qualifications of each candidate. For that purpose, clear, neutrally formulated and unambiguous criteria shall be applied in a non-discriminatory manner throughout the entire selection process, including during the preparation of vacancy notices, the pre-selection phase, the shortlisting phase and the establishment of selection pools of candidates. Such criteria shall be established in advance of the selection process.
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