With the resolution of August 3, 2023, the Board of Directors of the Company confirmed the adoption of the Procedure for information flows towards the Board members and the Statutory Auditors, making some amendments solely to reflect the new organizational structure of the Company. The procedure - drawn up in accordance with current legislation (Article 150 of Legislative Decree 58/1998, hereinafter "TUF" and Article 2381, paragraph 5 of the Civil Code), and the Bylaws – has the purpose of regulating such information flow by the Executive Directors to the Directors and Statutory Auditors in order to:
- ensure the transparency of the company's management;
- to ensure the conditions for an effective and effective direction and control of the Company's activities and of the Company's exercise by the Board of Directors;
- provide the Board of Statutory Auditors with the cognitive tools necessary for an efficient performance of its supervisory role.
Procedure for information flow