FUNCTIONS OF THE BOARD OF DIRECTORS 

The Board of Directors plays a central role in the strategic guidance of the Company and the Group as well as in supervising the overall business activities, with powers of guidance in overall administration and of direct intervention in decisions necessary or useful to the pursuit the business purpose.

The Board of Directors is the competent body designated to take the most important decisions in economic/strategic terms or in terms of structural impact on operations or impact on control and guidance of the Company and the Group.

On 31 August, 2017, the Board of Directors establish the following Board Committees with effectiveness subject to the commencement of trading of the Company's shares on the MTA, the Italian Equity Market, organized and managed by Borsa Italiana S.p.A.:

- Committee for Transactions with Related Parties

- Audit, Risks, Sustainability and Corporate Governance Committee

- Remuneration Committee

- Appointments and Successions Committee

- Strategies Committee

Last Revised: 4 Oct 2017 7:00 am