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SEC Filings

TRIVAGO N.V. filed this Form 20-F on 03/06/2018
Entire Document

reviewing and discussing with the management board and the independent auditor our annual audited financial statements and quarterly financial statements prior to the filing of the respective annual and quarterly reports;
reviewing our compliance with laws and regulations, including major legal and regulatory initiatives and also reviewing any major litigation or investigations against us that may have a material impact on our financial statements; and
approving or ratifying any related person transaction (as defined in our related person transaction policy) in accordance with our related person transaction policy.
The audit committee will meet as often as one or more members of the audit committee deem necessary, but in any event will meet at least four times per year. The audit committee will meet at least once per year with our independent accountant, without members of our management board being present.
Compensation committee
The compensation committee consists of Mrs. De Schepper and Messrs. Dzielak and Okerstrom, and assists the supervisory board in determining the compensation of the management board and the supervisory board, in accordance with the remuneration policy that has been determined by the general meeting of shareholders. Mr. Okerstrom serves as chairman of the committee. Under SEC and Nasdaq rules, there are heightened independence standards for members of the compensation committee, including a prohibition against the receipt of any compensation from us other than standard supervisory board member compensation. Pursuant to exemptions from such independence standards as a result of being a controlled company, the members of our compensation committee may not be independent under such standards.
The compensation committee is responsible for:
recommending each Managing Director’s compensation to the Supervisory Board and recommending to the Supervisory Board regarding compensation for Supervisory Board members;
identifying, reviewing and approving corporate goals and objectives relevant to management and supervisory board compensation;
reviewing and approving or making recommendations regarding our incentive compensation and equity-based plans and arrangements;
reviewing and discussing with management the compensation disclosures to be included in filings and submissions with the SEC;
preparing an annual compensation committee report; and
reporting regularly to the supervisory board regarding its activities.