Role
The Total Consultative Shareholders Committee was set up in 1993 to help the Company fulfill its ongoing commitment to improving communications with individual shareholders. The Committee's role is to convey shareholder expectations and to make recommendations concerning shareholder relations. It meets a minimum of three times a year.
Members
As of December 31, 2007, the Consultative Shareholders Committee has been composed of twelve permanent members from different regions and backgrounds, representing the diversity of the Company's strong individual shareholder base.
Selection Process
Members are appointed for a non-renewal three-year period. A new Committee will take office in March 2009.
If you would like to join the Committee, please send your curriculum vitae and a cover letter before June 30, 2008 to CERA, who will lead the selection process of the new Committee, sometime between September and the end of November 2008.
Mail to:
CERA - Cécile Charbonnier - Total Consultative Committee Renewal
Le Dauphiné Part Dieu - 78, rue de la Villette - BP 3211
69403 Lyon Cedex 03
France
Meetings
In 2007, the Consultative Committee met with several members of the Executive Board during four meetings held throughout the year. These regular meetings allow Total to consider its individual shareholders' sensitivity to Company news.
At each of these meetings, the Committee gives its opinion on various components of the communication segment regarding individual shareholders. The Committee contributes to:
the format of the Shareholder's Guide published on the internet;
the information provided in the Shareholders' Newsletter, the Shareholders' Club program and the Shareholder Notebook in the "Total in 2007";
the format of the Notice of Meeting for the Annual Shareholders' Meeting, as well as feedback on the execution of this Meeting.
In 2006, the Consultative Committee examined how information about the Arkema spin-off and the four-for-one stock split was communicated and what was conveyed in the meetings with individual shareholders.
They also inspected the format of the financial notices periodically published by Total as well as the content in the Shareholders’ Newsletter, the program of the Shareholders’ Club and the shareholder document “Total in 2006”.
Concerning the Annual General Meeting, the Consultative Committee gave its opinion on the format of the Notice of Shareholders’ Meeting and also gave its feedback on the organization of this meeting. Finally, the opinion of the committee members was collected and put on Total’s Internet site.
The Consultative Committee met four times in 2005. They focused on the Arkema spin-off, the four-for-one stock split, the transition to the IFRS accounting standards, the contents of the documents distributed during the Shareholders' Meeting, and the Financial Statements. |
Consultative Shareholders Committee Terms of Reference
Shareholders' Advisory Committee
