The Board Performance Evaluation framework is designed to meet the increasing demands for robust corporate governance in the Netherlands. This document becomes necessary when organizations need to establish or formalize their board evaluation processes in compliance with Dutch law and the Corporate Governance Code. It is particularly relevant for both listed and large private companies requiring structured assessment of their board's effectiveness. The framework includes comprehensive evaluation criteria, methodologies for both self-assessment and external evaluation, and clear procedures for implementing improvements based on evaluation outcomes. It addresses key areas such as board composition, decision-making processes, strategic oversight, and stakeholder engagement, while ensuring alignment with Dutch regulatory requirements and international best practices.

1. Introduction and Purpose: Outlines the purpose of the evaluation framework and its alignment with Dutch corporate governance requirements

2. Scope of Evaluation: Defines what aspects of board performance will be evaluated, including both collective and individual assessment areas

3. Evaluation Frequency and Timing: Specifies how often evaluations will be conducted and the timeline for the evaluation process

4. Evaluation Methodology: Details the methods and tools used for conducting the evaluation, including questionnaires, interviews, and assessment criteria

5. Areas of Assessment: Lists specific areas to be evaluated, including board composition, effectiveness, decision-making processes, and strategic oversight

6. Roles and Responsibilities: Defines who is responsible for conducting, participating in, and overseeing the evaluation process

7. Evaluation Process: Step-by-step description of how the evaluation will be carried out

8. Reporting and Documentation: Specifies how evaluation results will be documented and reported

9. Follow-up Actions: Outlines how evaluation findings will be addressed and implemented