In line with the Articles of Association of Hrvatska elektroprivreda d.d., the following organs of the company have been constituted:
The Management Board consists of six members, one of whom is appointed the president of the Management Board. The president and the members of the Management Board are appointed and revoked by the Supervisory Board. The term of office of the president and the members of the Management Board is four years.
The Supervisory Board consists of seven members. Six members are appointed and revoked by the Shareholders’ Assembly of the Company and one member is appointed and revoked by workers’ council pursuant to provisions of the Labour Act. The Decision of the Shareholders’ Assembly about appointing and revoking members of the Supervisory Board takes effect on the day of its adoption. The term of office of members of the Supervisory Board is four years and after its expiry, the members of the Supervisory Board may be reappointed. The members of the Supervisory Board elect the chairperson and the deputy chairperson among themselves.
The Supervisory Board supervises the management of the Company’s business affairs.
General Shareholders’ Assembly consists of shareholders, i.e. their proxies.