Governance

The Company corporate governance system is based on the central role of the Board of Directors, on the transparency in operational decisions, on the effective internal controls and rigorous rules governing conflicts of interest.

This system, designed and constructed bearing in mind the principles formulated by the Committee for Corporate Governance of Borsa Italiana, has been implemented with the adoption of codes, rules and procedures covering the activity of all the organizational and operational components of the Company. These documents are checked constantly and updated to respond effectively to legislative and regulatory developments and changes in operational practice.

The Corporate Governance Report is intended to supplement the information concerning corporate governance, compliance with Italian Legislative Decree 58/1998, and adherence to the Self-Governance Code for Listed Companies already included in the annual statutory and consolidated group reports for the year ending on 31.12.2019 and specifically contained in the Management Report sections of those documents