Sustainability Committee

The Committee makes proposals and advises the Board on social and environmental sustainability issues.

The Sustainability Committee was established by the Board of Directors in order to strengthen our commitment to sustainability. Following the related regulation, it is composed of at least 3 non-executive directors, the majority of whom are independent. The Chairman of the Committee is appointed among the members in possession of independence requirements.

Composition of the Committee

Licia Soncini

Chairman (Independent Director) 1

Maria Leddi

Independent Director

Jean Mouton

Independent Director
(1) Minority List Candidate

Role of the committee

The Committee supports the Board with a proposal and advisory function with reference to sustainability issues, in order to promote the gradual integration of environmental, social, and governance factors incorporate activities aimed at creating sustainable value for shareholders and other stakeholders in the medium/long term.

Committee activities

The Committee meets periodically to carry out its functions, on the basis of the annual calendar of meetings and in any case whenever the Chairman deems it appropriate or at the request of one of its members.
During 2021 the Sustainability Committee, in office until the Annual General Meeting held on 29 April 2022, met 6 times. The average attendance at meetings was 87,5%.

Rules of the Committee

The Committee has adopted a Regulation governing its composition, duties and functioning, updated in February 2021 with a view to implementing also the recommendations contained in the New Corporate Governance Code 2020.