Shareholders’ Meeting
The Shareholders’ Meeting is the body through which shareholders can actively participate in corporate life, expressing their will in the manner and on the matters reserved to them by law and by the company’s bylaws.
Board of Statutory Auditors
The Board of Statutory Auditors oversees compliance with the law and the bylaws, adherence to the principles of proper administration, and – in particular – the adequacy of the organizational, administrative, and accounting structure adopted by the Company, together with its proper functioning. The Audit Firm is entrusted with the statutory audit of the financial statements, verification of the proper keeping of accounting records, and limited review of sustainability reporting.
Independent auditors
The Shareholders’ Meeting of May 29, 2020, appointed KPMG S.p.A. as the audit firm for the Company’s financial statements for the fiscal years 2021–2029.
Board of Directors
The Board of Directors is the body entrusted with the management of the Company and has the authority to take all actions it deems appropriate to enable the Company to achieve its objectives, excluding those reserved to the Shareholders’ Meeting by the law and/or by the corporate bylaws .
Chairperson
The Chair of the Board of Directors performs the functions required by law and the company’s bylaws, and exercises the powers delegated by the Board of Directors.
Internal Board Committees
The Control, Risk, and Sustainability Committee
The Control, Risk, and Sustainability Committee supports the Board of Directors on matters including internal control and risk management, periodic financial reporting, and sustainability reporting. In general, the Committee supports the Board in integrating environmental, social, and governance factors into the company’s activities, promoting the generation of sustainable value over the medium and long term.
The Remuneration Committee
The Remuneration Committee supports the Board of Directors in defining remuneration policies for executive directors and top management. It monitors the achievement of performance objectives linked to variable compensation and incentive plans for managers and employees of the Company. It also provides opinions on guidelines for enhancing human capital, including professional development programs and organizational well-being initiatives. The Committee also provides opinions on the appointments of members to the administrative bodies of significant subsidiaries, as defined in the bylaws .
The Investment Committee
The Investment Committee supports the Board of Directors by examining and providing non-binding opinions on: investment opportunities presented by the Chief Executive Officer; Group expansion strategies; extraordinary operations and M&A; financing strategy for new operations and defining the budget for their execution.
Supervisory Board
The Supervisory Board is tasked with verifying the adequacy and effective implementation of the “Modello 231” compliance framework to prevent the commission of the offences referenced in Italian Legislative Decree 231/2001.