its primary missions are to issue recommendations to the supervisory board on draft strategic plans and annual budgets as well as on all strategic projects for the group, such as acquisitions, transfers or investments, advice on the creation of any business activity or subsidiary, investments in any business activity and the acquisition of any participation in a country in which the company has no business, to examine and advise on any operation involving a significant change in the scope of the company and its subsidiaries and to examine, in conjunction with the audit committee, the financial structure of the rexel group.