Percentages of the number of shares based on the latest public data as of June 2020.
Members of Cera are made up of members with B, D and/or E shares. The chairmen, deputy chairmen and directors are elected from the membership to the Regional Advisory Boards (RABs) and the National Advisory Board (NAB). Among these Boards members/members candidates are appointed to sit on the Board of Directors of Cera Ancora and the Board of Directors of Cera Société de gestion.
Cera Ancora ASBL supports Cera’s objectives and operations by fostering the stability and continuity of KBC Group and by taking initiatives to spread the cooperative philosophy. At least ten members’ representatives of Cera have seats in Cera Ancora, at least four of whom also serve on the Boards of Almancora ASBL and Almancora Société de gestion. What’s more, at least two of Cera’s managing directors of Cera sit on Cera Ancora’s Board.
Cera Société de gestion SA is Cera’s statutory manager. In this capacity it sets out the policy for Cera. The Board of Directors of Cera Société de gestion is currently made up of at least sixrepresentatives of the membership of cera, at least two managing directors and at least three independent directors.
Cera is a cooperative financial group with a dual mission:
The objective of Almancora ASBL is to support the stability and continuity of the KBC group. As a supervisory shareholder in Almancora Société de gestion, it plays an important role in composing the latter’s Board of Directors. As controlling shareholder of Almancora Société de gestion, Almancora ASBL casts the most important vote at Almancora Société de gestion’s General Meeting of Shareholders. The Board of Directors of Almancora ASBL is made up of at least four representatives from the members of Cera and at least two managing directors. These directors also serve on the Board of Cera Ancora.
Almancora Société de gestion SA is the statutory manager of KBC Ancora SA. In this capacity it sets out the policy for KBC Ancora SA. Its Board of Directors comprises at least four member representatives of Cera, at least two managing directors and at least three independent directors.