Leading Boards N°2 Women on Boards | Page 7

For boardroom gender quotas • Quotas being the law are a fast and effective way to get more women on Boards • Studies show that having women on the Board increases the company’s performance* • Quotas reduce discrimination and can break up elite circles in position since a long time • A diverse Boards stimulates creativity, innovation and drives to better decisions • Once on a Board, women are more likely to hire other women onto the Board or in senior management positions. * Women matter – McKinsey report PAGE 7