A CRMA governance term for the administrative or supervisory body responsible for supervising executive management, or equivalent functions.
Board of directors is a governance responsibility term in the CRMA vocabulary. It identifies the corporate body or equivalent persons connected to oversight of executive management, rather than naming every manager, shareholder, project promoter, buyer, or operator in a raw-materials value chain.
The EU Critical Raw Materials Act defines board of directors in Article 2, point 31. The definition is functional: where a formal board does not exist, equivalent supervisory functions can still matter.
Regulation (EU) 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials
the administrative or supervisory body responsible for supervising the executive management of the company, or, if no such body exists, the person or persons performing equivalent functions
CRMA Article 2 source-specific definition layer.
Reference: Article 2, point 31
This term matters when CRMA obligations or risk-preparedness discussions need to be mapped to corporate governance structures. Evidence may need to distinguish executive management, supervisory oversight, company identity, and board-equivalent functions rather than collapsing them into a generic responsible-person label.
Governance terms become useful when they help separate who oversees a risk or supply-chain process from who operates the project or supplies the material. Minespider can use board-of-directors language to connect CRMA governance responsibility to company records and supply-risk evidence without implying that the board is the project promoter, offtaker, or conformity-assessment body.