Ethics Committee

The Ethics Committee was established in 2000. The objectives of the Ethics Committee are: to ensure the widest possible dissemination, complete observance and correct interpretation of the Company Code of Ethics, as well as to verify, control and evaluate cases of violation of the same, providing for, where appropriate, activation of the competent company departments, urging adoption of the appropriate measures and, finally, to draw up a report at least annually for the Chairman of the Board of Directors of the Company.

The Ethics Committee is composed of a Director representing the Board of Directors of the Company, who Chairs the Committee, and the heads of the “Human Resources and Organisation”, “Legal and Corporate Affairs” and “Auditing” departments.

The Director who chairs the Ethics Committee is Salvatore Bragantini.

On 4 May 2016, the Board of Directors resolved to grant the Chairman of the Ethics Committee  a gross annual remuneration amounting to Euro 10,000.00, without prejudice to the application of Art. 5 Sub. 9 D.L. July 6, 2012 n. 95 and subsequent amendments and Circular no. 4 of 2015 of the Minister Madia.