BOOSTHEAT's Board of Directors has seven members including its Chairman, of whom four are regarded by the Company as independent directors in view of the terms defined by the Middlenext Governance Code.

The Board of Directors has set up three specialist committees to assist it:

• the Audit Committee¹ to ensure the quality of internal control and the reliability of information provided to shareholders and the financial markets;
• the Strategy Committee¹ to help the Board of Directors develop the Group, particularly by helping it consider the Company's long-term strategic direction;
• the Appointments and Remuneration Committee² tasked with matters such as making recommendations on the composition of the Board of Directors and its committees, and examining the main objectives proposed by executive management regarding the remuneration of managers who are not corporate officers of the Company.

¹Set up by the Board of Directors on 29 November 2019.
²Set up by the Board of Directors on 4 March 2020.