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2023.08.11_Organizsational_Regulations_of_Implenia_Ltd.pdf
out in the Group Table of Responsibilities. 6.4 Division Heads 6.4.1 Each Division Head shall be responsible for the operational management of the business and for the financial results of his/her Division in line with the Group's objectives, Division strategy, medium- term planning and annual budget [...] He/she implements the guidelines and decisions of the CEO or IEC concerning his/her Division. He/she shall ensure that his/her personal objectives and those for his/her area of responsibility are implemented. 6.4.2 The Division Heads report to the CEO. He/she shall be obliged to inform the CEO and, in his/her [...] the scope of the VAC shall include all Division’s business projects or selection for cooperation in a joint venture (incl. promotion and development projects). 7.2 The VAC as a governance body shall be established on four levels: Group (Class 1), Global Division / Business Unit (Class 2), Country Unit[...]