De Watergroep has one shareholder board for its drinking water services and one shareholder board for its wastewater services (the Riopact committee). These shareholder boards advise the Board of Directors on several themes, including the investment programme, rates, budget, annual accounts, changes to the Articles of Association and strategic matters.
The members of the shareholder boards are appointed by the municipal and provincial partners of the water service concerned, with each partner having the right to appoint one representative. These candidates must be members of the municipal or provincial council respectively. People who already sit on De Watergroep’s Board of Directors are excluded from being appointed to this post. In addition, Aquafin, as a partner of the Riopact wastewater service, has the right to appoint one member of the Riopact committee.
The members of the shareholder boards are appointed for a period of 6 years and may be reappointed for an additional term.