Carrefour - 2017 Registration Document

3 CARREFOUR | 2017 REGISTRATION DOCUMENT 109 CORPORATE GOVERNANCE Corporate governance code 3.1 110 Composition, conditions of preparation and organisation of the Board of 3.2 Directors' work 111 The Board of Directors 3.2.1 111 Operation of the Board of Directors 3.2.2 128 Board of Directors’ specialised committees 3.2.3 131 Executive Management and the Group Executive Committee 3.3 139 Executive Management 3.3.1 139 The Group Executive Committee 3.3.2 140 Compensation and benefits granted to Company Officers 3.4 142 Directors’ compensation 3.4.1 142 Compensation of Executive Officers 3.4.2 144 Breakdown of compensation and benefits granted to Executive Officers 3.4.3 158 "Comply or Explain" rule of the AFEP-MEDEF code 3.5 160 Regulated agreements and commitments referred to in Articles L. 225-38 3.6 et seq. and L. 225-42-1 of the French commercial code 161 Transactions in the Company’s shares carried out by Company Officers 3.7 162 Statutory Auditors' special report on regulated agreements and commitments 3.8 164