The Transaction Committee makes recommendations to the Board of Directors in respect of certain large acquisitions, divestments and customer contracts, reviews the transaction pipeline, considers ISS’ procedures for large transactions, and evaluates selected effected transactions. The Committee also review material new financing, refinancing or material variation of existing financing and proposals for equity or debt issuance.
The Transaction Committee held 3 meetings in 2022.
In 2022, the Transaction Committee reviewed certain large customer contract bids, commercial bid review process and standard, commercial pipeline, divestments and acquisitions and made relevant recommendations in this respect to the Board of Directors.
The members of the Transaction Committee are considered independent based on the definition outlined in the Danish Corporate Governance Recommendations.