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Our governance

We are an independent Group governed by a non-profit foundation: Servier International Research Foundation
(Fondation Internationale de Recherche Servier – FIRS).

The legal structure of the Servier group, an international pharmaceutical company, aims for:

– independence, stability and sustainability,
– unity and harmony,
– being a group of people and not of capital.

This structure allows the Group’s Vocation to express itself fully: to be committed to therapeutic progress.

The general principle of this unique structure is to dissociate the power (i.e. administration and control) from the ownership of capital (i.e. the Group’s assets).

WHY A FOUNDATION ?

Thus :

– The power is ensured by a governance foundation named ‘FIRS’ (Fondation Internationale de Recherche Servier) without capital and not for profit; This includes the power to appoint or dismiss Group leaders;

– The capital of the Group is held, in part, by French non-profit associations and is self-regulated for the remaining parts (legal structure enabling a company to hold its own capital);

– The holding company of the Group (Servier SAS) is therefore not held by any individual. It reinvests all its profits into therapeutic progress and company growth.

A stable, sustainable and independent group

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1 - Governance

The FIRS foundation comprises the following bodies:

  • A Foundation Board composed of a President, an Executive Committee and other members. All are Group employees.
LIST OF MEMBERS
  • A Supervisory Board composed of separate members of the Foundation Board.
    Its mission is to ensure that the Group’s founding principles are respected.
LIST OF MEMBERS

2 - The capital

Part of the capital is held by French non-profit associations and the remaining part is owned by the Group itself (legal structure enabling a company to hold its own capital).

The members of the associations are the Group companies.
The purpose of these associations is the development of research and medical knowledge.

3 – The Group

As mentioned above, the holding company of the Group (Servier SAS) is not held by any individual.
It controls 100% of the Group’s operating subsidiaries worldwide.
Servier SAS pays no dividends and so can plow back all its profits into therapeutic progress and company growth.