The board establishes an annual plan for its work. Eight regular meetings are held every year, and the board otherwise meets as and when required. One day-and-a-half strategy meeting is held. Directors are also kept regularly informed about the group’s development between board meetings.

Instructions have been drawn up for the executive management and for the board itself. The board works continuously on internal control  (» Link to risk management and internal control) in the company.

In the absence of the chair, the deputy chair serves as chair.

The board regularly assesses its mode of working.

The company is now statutory obligated to have an audit committee. Such committee will be established after the 2010 general meeting and be elected by and from the board
of Directors. The board does not consider it appropriate to establish further sub-committees, which would undermine the board's work and authority.

The size of the board and frequency of its meetings mean that such committees are not required.