Processes and risk control

The group's rigorous risk control is underpinned by clear governance and a proactive risk strategy.

 Governance

The group's governance is overseen by the executive committee, the management board and the supervisory board:

The executive committee reports to the group's operational management, comprising:

 Philippe Oddo, Managing-partner Oddo et Cie

 Tarak Achich, Chief Operating Officer

 Stéphane Bettane, Manager of Oddo Options

 Grégoire Charbit, Manager at Oddo & Cie, Director of Human Resources Director of Corporate Development

 Fatine Layt,Managing partner at Oddo Corporate FinanceManaging partner at Oddo Corporate Finance

 Guy de Leusse, Head of Support Services for Odd et Cie

 François Levé, Chief Financial Officer Oddo & Cie

 Jean-Philippe Taslé d'Héliand, member of Oddo Asset Management board

 Charles-Henri de Trédern, Manager Oddo & Cie, Head of Oddo Securities

 Richard Tuffier, Head of Fixed Income Oddo Securities.

The management board's mission is to guide group earnings and take all decisions relating to management's responsibilities.

The management board is made up of Philippe Oddo, Tarak Achich, Grégoire Charbit and Charles-Henri de Trédern, assisted by François Levé.

Philippe Oddo has unlimited personal liability.

The Group's internal controls are structured around two mechanisms:

 Permanent control, which carries out the daily risk monitoring necessary to the efficient functioning of banking activities, under the responsibility of Tarak Achich.

 Periodic control function, which aims to ensure the proper application of management's decisions, the functioning and security of the group's activities and the analysis of the efficiency of our permanent control mechanism. This function is under the responsibility of Philippe Oddo.

The members of the Supervisory Board are:

 Jean-Pierre Pinatton, Chairman of the Supervisory board of Oddo et Cie, Council Member of the AMF and of the CECEI.

 Benoît d'Angelin, Managing Director at Centaurus Capital

 Gérard Barbot, Partner at GB Conseil

 Eric Bourdais de Charbonnière, Chairman of Michelin's Supervisory Board

 Antoine Jeancourt-Galignani, Chairman of Gecina's Board of Directors

 Arnaud Leenhardt, Honorary Chairman Vallourec

 Jean-François Lequoy, Head of life and financial services at AGF

 Pier Riches, Deputy Managing Director AGF

 Pierre Vaillaud, Member of the Boards of Technip and Total

The accounts and internal control committees assist the Supervisory Board in its analysis of the group's accounts, financial information and internal controls. The committee is headed by Gérard Barbot with the help of Pier Riches and Pierre Vaillaud.

 Risk management

Under the responsibility of Tarak Achich, its aim is to ensure:

the existence and respect of a framework allowing the group to measure the market, counterparty and operating risk on all its activities,

the monitoring of measures implemented to reduce risk wherever necessary and the transmission of best practice throughout the group,

daily and periodic reporting to management, the supervisory board, accounts and internal control committees and the banking authorities (Banking Commission etc.) on the group's risk exposure.

Risk management also concerns procedures that cover all aspects of risk and compliance for all of the group's entities, thus providing a cross-functional and consolidated overview.