CNPV maintains the Audit, Compensation, Corporate Governance and Nominating committees.

CORPORATE GOVERNANCE GUIDELINES

The Board of Directors of CNPV Solar Power SA has adopted the Corporate Governance Guidelines to assist the Board in the exercise of its responsibilities and to serve the interests of the Company and its shareholders.

Below you can download CNPV corporate governance guidelines for details.

>CNPV: Corporate Governance Guidelines
 

Differences between Luxembourg and NYSE Euronext Corporate Governance Practices

CNPV's Shares are registered with the Autorité des Marchés Financiers (the "AMF") and listed on the Alternext. As such, CNPV is subject to corporate governance requirements imposed by both the AMF and the Alternext.

CNPV was incorporated in the Luxembourg. Under Rule  of the NYSE Euronext, an Alternext-listed non-French company may, in general, follow their home country corporate governance practices in lieu of some of the Euronext corporate governance requirements. An Alternext-listed company is required to provide a general summary of the significant differences to its investors either on the company website or in its annual report distributed to its investors. CNPV is committed to a high standard of corporate governance. As such, CNPV endeavors to comply with most of the NYSE-Euronext corporate governance practices. CNPV believes that there are no significant differences between its corporate governance practices and those followed by domestic companies under the listing standards of the NYSE-Euronext.

corporate governance and NOMINATING COMMITTEE

The purpose of the Corporate Governance and Nominating Committee is to assist the Board in discharging the Board’s responsibilities regarding: Identification, and recommendation to the Board for selection, of qualified candidates as director nominees to be elected at the next annual meeting of shareholders (or special meeting of shareholders at which directors are to be elected); Identification, and recommendation to the Board for selection, of qualified candidates to fill any vacancies on the Board; Annual review of the composition of the Board in light of the characteristics of independence, qualification, experience and availability of the Board members; The development and recommendation to the Board of a set of corporate governance guidelines and principles applicable to the Company (the “Corporate Governance Guidelines”); and Monitoring of compliance with the Company’s code of business conduct and ethics, including reviewing the adequacy and effectiveness of the Company’s internal rules and procedures to ensure compliance with applicable laws and regulations.

Below please download CNPV nominating committee for details.

>CNPV: Nominating Committee Charter 
 

CODE OF BUSINESS CONDUCT AND ETHICS

CNPV Solar Power SA and its subsidiaries is committed to conduct its business in accordance with applicable laws, rules and regulations and the highest standards of business ethnics. This Code of Business Conduct and Ethnics contains general guidelines for conducting the business of the Company. To the extent this Code requires a higher standard than required by commercial practice or applicable laws, rules or regulations, we adhere to these higher standards.

Below please download CNPV code of business conducts & ethics for details.

>CNPV: Code of Business Conducts & Ethics