In recent years, many public controversies over language have tarnished the reputation of large
public companies with regard to their social responsibility and their interpretation of their duties
and obligations with respect to diversity, which is intrinsic in our corporations. Entrenched in our
democratic institutions, language is a fundamental characteristic of society.
These situations, which are harmful from every standpoint, must be prevented from reoccurring.
For this reason—and many others as well—it is appropriate for all interested parties (stakeholders),
to know, through formal and official disclosure, the languages in which corporate directors are
proficient. Of course, “proficiency” means understanding a language well enough for individuals
and legal entities to use it generally in all spheres of activity; an adequate level of knowledge for
each director to be able to fully perform their tasks and duties fully and completely.”