The Supervisory Board of Cyfrowy Polsat S.A. exercises permanent supervision over the Company's activities in all areas. The Supervisory Board's exclusive competences include appointing and setting the rules of remuneration of members of the Management Board, appointing the Company's auditor and approving the terms of related party transactions. The Supervisory Board of the Company meets at least once a quarter.
The Supervisory Board of Cyfrowy Polsat S.A. may consist of five to nine members (currently it consists of seven members). The rules governing the Supervisory Board's activities are set in details in the Company's Articles of association and its By-laws. According to the provisions of the Articles of associations, two members of the Supervisory Board may meet the criteria of an independent member of the Supervisory Board as set out in the corporate governance regulations included in the Best Practices of WSE listed Companies. Currently two members meet these criteria.
The Supervisory Board appointed two committees: Audit Committee and Remuneration Committee.
Information on women and men share in the Supervisory Board of Cyfrowy Polsat S.A. in 2014-2018 (as at December 31, 2018):
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