Vattenfall has a two-tier governance structure: the Management Board is responsible for the day-to-day management. The Supervisory Board monitors the Management Board. On 1 July 2015, Vattenfall AB acquired 100% of the shares of Vattenfall N.V, the legal predecessor of Vattenfall N.V. The Articles of Association of Vattenfall N.V. were amended in March 2019 in accordance with the resolution of the Annual General Meeting.
The Supervisory Board monitors Management Board policy, as well as the general state of affairs at Vattenfall in the Netherlands.
The Management Board is responsible for managing Vattenfall in the Netherlands.