ORGANIZATIONAL STRUCTURE

With reference to Group Sustainability Governance, the Board of Directors of Pirelli & C. S.p.A., supported in its activities by the Sustainability Board Committee, approves, at the proposal of the CEO, the figure delegated to Sustainability issues, and in coordination with the VPE, the sustainable management strategy and objectives integrated into the Business Plan with reference to all areas of management.

The Board of Directors also approves Pirelli’s Annual Report, including the Consolidated Non-Financial Statement, which is in turn subject to the supervision of the Board of Statutory Auditors in accordance with Legislative Decree no. 254 of 30 December 2016.

The strategic evolution of Group Sustainability is entrusted to the Sustainability Strategic Committee, a body appointed in 2004, chaired by the Executive Vice Chairman and composed of the Company’s Top Management representing all the organizational and functional responsibilities. The Committee has strategic responsibility and holds ordinary meetings at least twice a year. The Sustainability Strategic Committee is being supported by a Sustainability Operational Committee chaired by the CEO and consisting of the Company’s Top Management, which will be responsible for the strategic and operational management of the Group’s Sustainability matters, including, among others, Human Rights, Health and Safety, Climate Change and Decarbonization, Reducing product and process environmental impacts, Supply Chain Sustainability, Cyber Security, Diversity and Inclusion, and ESG Risks and Opportunities, addressed in consideration of the Group's sustainability goals.

The organizational structure is thus made up of a Sustainability and New Mobility Department reporting directly to the CEO of the company, which has oversight of the management at a Group level and proposes plans for sustainable development to the Sustainability Strategic Committee. The Sustainability and New Mobility Department includes the Group Sustainability and Diversity Officer, the Decarbonization Officer, the Future Mobility Officer, and the Product Stewardship Officer.

The Department is supported by:

• a Sustainability Working Group, made up of sustainability contact persons within the various Central Corporate Departments, in order to ensure constant oversight and coordination of strategic impact programs on the areas of responsibility of the specific functions;
• Country Sustainability and Diversity Managers to oversee activities covering all Group affiliates. The role of Country Sustainability Manager is held by the Country CEOs, who use their direct reports for the operational management of country plans.