AREVA is managed by an Executive Board which performs its duties under the control of a Supervisory Board.

Missions

• The Supervisory Board exercises ongoing oversight of the Executive Board’s management of AREVA,
• It deliberates on the overall strategy of AREVA and of the group,
• It approves the annual budgets and multi-year plans of AREVA and of its direct subsidiaries,
• It provides advance approval to the Executive Board to conclude transactions that the Executive Board cannot accomplish without such authorization.

The Supervisory Board is required to meet at least once quarterly.
In 2008, the Supervisory Board met 8 times.

Members as of April, 30, 2009

The members of the Supervisory Board are appointed by the shareholders and by holders of voting right certificates, except for employee-elected members of the Board and representatives of the French government. The members of the Supervisory Board serve for a term of five years.

Members appointed by the General Meeting of Shareholders

Jean-Cyril Spinetta* - Chairman of the Supervisory Board - term: 2009-2011
Bernard Bigot - Vice Chairman of the Supervisory Board - term: 2009-2011
CEA, represented by Christophe Gegout - term: 2006-2011
François David* - term: 2008-2013
Thierry Desmarest - term: 2006-2011
Oscar Fanjul* - term: 2006-2011
Philippe Pradel - term: 2006-2011
Guylaine Saucier* - term: 2006-2011

Members representing the French government, appointed by
ministerial order

Bruno Bézard - term: 2006-2011
Pierre Sellal - term: 2009-2011
Pierre-Franck Chevet - term: 2006-2011
Luc Rousseau - term: 2006-2011

Members representing the employees, elected by the staff

Beginning of term: 2007 - End of term: 2012

Jean-Claude Bertrand - AREVA NC Pierrelatte
Gérard Melet - AREVA NC La Hague
Alain Vivier-Merle - AREVA NP Lyon

Josseline de Clausade, Compliance Senior Vice President of the group, is the secretary of the Supervisory Board.

* Independent members: are considered as being independent the persons with no more than 10% capital and with no financial or commercial links with the company (customer / supplier).

Reports

2008
• Report of the Supervisory Board Chairman on the preparation and organization of the Boards activities and internal control procedures

2007
• Report of the Supervisory Board Chairman on the preparation and organization of the Boards activities and internal control procedures
• Observations by the Supervisory Board on the Executive Boards management report and on the 2007 financial statements

2006
• Report of the Supervisory Board Chairman on the preparation and organization of the Board’s activities and internal control procedures
• Observations by the Supervisory Board on the Executive Board’s management report and on the 2006 financial statements

2005
• Report of the Supervisory Board Chairman on the preparation and organization of the Board’s activities and internal control procedures
• Observations by the Supervisory Board on the Executive Board’s management report and on the 2005 financial statements

2004
• Report of the Supervisory Board Chairman on the preparation and organization of the Board’s activities and internal control procedures
• Observations by the Supervisory Board on the Executive Board’s management report and on the 2004 financial statements


For further information about the corporate governance: consult the Reference document 2008, chapter 14, page 209.