In order to conform the corporate governance system to the current recommendations in terms of corporate governance and to acknowledge and clarify the consolidated practice endorsed by the Company in this regard, the Articles of Association, amended by the General Meeting of 28 April 2021, contain an explicit provision regarding the possibility for the Board of Directors to set up internal committees in charge of carrying out investigation, submitting proposals and providing advice, by also determining their members, duration, powers and functions as well as the related remuneration.
In accordance with the principles and the recommendations contained in the New Corporate Governance Code, adopted by the Company, the Board of Directors established the Board Committees listed below:
- Control, Risk and Corporate Governance Committee
- Nomination, Remuneration and Human Capital Committee
- Sustainability Committee
- Committee of Independent Directors with responsibility for Related Party Transactions