Chief Executive Officer
The CEO, Michel Van Geyte (via Midhan BV), is charged with the day-to-day management of the company, under the responsibility and supervision of the board of directors.
Michel Van Geyte
Executive director
Michel Van Geyte
Executive director
Board of directors
The company has been a public limited liability company with (collegial) board of directors under the Code of Companies and Associations since 19 July 2021.
Nextensa is headed by a qualified team of eight directors. Together, they form our board of directors.
The board of directors is chaired by Piet Dejonghe, and composed of:
Michel Van Geyte
Executive director
Michel Van Geyte
Executive director
Piet Dejonghe
Non-executive director I Chair of the board of directors I Chair of the nomination & remuneration committee
Piet Dejonghe
Non-executive director I Chair of the board of directors I Chair of the nomination & remuneration committee
Dirk Adriaenssen
Independent director – Nonexecutive director Member of the nomination and remuneration committee
Dirk Adriaenssen
Independent director – Nonexecutive director Member of the nomination and remuneration committee
Sigrid Hermans
Independent director – non executive director via SOHO BV Chair of the audit committee and member of the nomination and remuneration committee
Sigrid Hermans
Independent director – non executive director via SOHO BV Chair of the audit committee and member of the nomination and remuneration committee
An Herremans
Non-executive director Member of the audit committee
An Herremans
Non-executive director Member of the audit committee
Hilde Delabie
Non-executive director Member of the audit committee
Hilde Delabie
Non-executive director Member of the audit committee
Arne Hermans
Independent director – non executive director via Stellar BV
Arne Hermans
Independent director – non executive director via Stellar BV
Jo De Wolf
Independent director – non executive director via Lupus AM BV
Jo De Wolf
Independent director – non executive director via Lupus AM BV
Executive committee
On 22 October 2021, following the renunciation of the BE-REIT status and the transformation of the company from a limited partnership by shares with a statutory manager into a public limited liability company with a collegial board of directors, the company’s board of directors resolved to establish a committee called the executive committee which in essence is charged with the general management of the company under the leadership of the CEO.
The executive committee consists of the following persons:
Michel Van Geyte
Chief Executive Officer
through Midhan BV
Michel Van Geyte
Executive director
Tim Rens
Chief Financial Officer
through Montevini BV
Tim Rens
Chief Financial Officer
Olivier Vuylsteke
Chief Investment Officer
through Wimas BV
Olivier Vuylsteke
Chief Investment Officer
Peter De Durpel
Chief Operations Officer
through Durabel Consulting BV
Peter De Durpel
Chief Operations Officer
Consultative committee
Within the board of directors, two committees have been established: an audit committee and an appointments and remuneration committee. Furthermore, an ad hoc committee of independent directors may be formed if a planned transaction or a decision of the board of directors gives rise to the application of Article 7:97 of the CSA. These committees have a purely consultative function. They are responsible for analysing specific issues and providing advice to the board of directors.
Appointments and Remuneration Committee
- Piet Dejonghe - non-executive director, chair
- Sigrid Hermans* - independent director
* as permanent representative of SoHo SRL - Dirk Adriaenssen - independent director
Audit Committee
- Sigrid Hermans* - independent director, chair
* as permanent representative of SoHo SRL - Hilde Delabie - non-executive director
- An Herremans - non-executive director
Policies
Corporate governance charter
The Corporate Governance Charter, as last amended on 17 November 2023, aims to explain the main aspects of the company’s governance policy, such as its governance structure and the terms of reference of the board, its committees and the executive committee.1 In addition it describes the various preventive policies that the company applies with regard to market abuse, conflicts of interest and integrity. This Charter is based on the company’s articles of association, the Code 2020 and the regulations applicable to the company, including the Code of Companies and Associations.
Remuneration policy
A new 2022-2026 Remuneration Policy was adopted for Nextensa by the general shareholders’ meeting of May 2022. This document provides a clear framework with transparency on roles, tasks and responsibilities in relation to remuneration.
Dealing Code
This Dealing Code sets out Nextensa’s internal policy on preventing the abuse of inside information and other forms of market abuse. The board of directors set up these rules to avoid any unlawful use of inside information by employees, or even the possibility of creating such an impression. The Code provides a procedure regarding transactions in financial instruments of Nextensa to be carried out by directors, members of the executive committee or by employees.
Integrity code
The company’s integrity code is an important part of its corporate governance and has been set up to emphasise the importance of ethical and responsible business conduct. This code creates a general (behavioural) framework with a number of general principles and ethical guidelines, applicable to every member of the company bodies and every employee of the Nextensa Group. In addition, contractors and partners of the Group are also expected to observe and respect the principles of this code of integrity, and to commit to extend these legal and ethical standards to their own supply chain. This policy covers various aspects, including compliance with applicable laws and regulations regarding market abuse, non-corruption, professional secrecy, human rights, compliance with the principles around diversity and inclusion and conducting business in a socially responsible manner.
