ur board of directors and is committees • 1,50.000 annual board of directors cash retainer. • $20.020 additional cash retainer for the chairman of the Audit Committee and S7.500 additional cash retainer for each member of the Audit Committee. and • $12.500 additcnal cash retainer for the chairman of the Corporate

nt or relationship with a related person falls within the definition of "transaction" set forth In Item 4O4, and if so, review such transaction with the Audit Committee. In connection with such determinations, our management and the Audit Committee will consider. (i) the parties to the transaction and the nature of

, anti-money laundering, government sanctions, and anti-bribery• and corruption. • Internal Audit — Our internal audit team provides management and the Audit Committee with independent. objective assurance and consulting activities designed to add value and improve our operations We do this through a systematic, ri

08. He has been a member of the Board of Directors of Verisk Analytics, Inc. since 1999, where he serves on the Finance Committee and as Chairman of the Audit Committee. Andrew Gelb has been our Executive Vice President, Co-Head of Global Financial Solutions since June 2015. He joined us in November 2014 as Executi

sive involvement in the oversight of risk management related to us and our business and accomplishes this oversight through the regular reporting by the Audit Committee and the Risk Committee. The Risk Committee represents the Board by overseeing our risk governance structure, risk assessment. and risk management pr

standards of the NYSE and the independence requirements of Rule 10A-3 of the Exchange Act. We expect a third new independent member to be placed on the Audit Committee to replace Mr. Olson within one year of the completion of this offering so that all of our Audit Committee members will be independent as such term

nd other members of the Supervisory Board (€90 thousand). Additional remuneration of €45 thousand is paid for chairing the Executive Committee and the Audit Committee, while the deputy chairpersons receive €30 thousand each and other members €30 thousand each. The chairperson of the Finance and Investment Commit