Management and control
Shareholders' Meeting
The Shareholders’ Meeting is the tool by which shareholders, through their vote on resolutions, express their will. Resolutions adopted pursuant to law and the Company’s By-laws are binding on all Shareholders, including absent or dissenting Shareholders. However, when permitted, dissenting Shareholders have the right to demand redemption of their shares.
Board of Directors
The Board of Directors is responsible for guiding and monitoring the management of the Company and its Group, defining its strategic guidelines and governance system.
Committees
Within the framework of its Board of Directors, the Company has established the following Committees, entrusted with an instructive, proactive and advisory role: Control, Risk and Sustainability Committee, Compensation Committee and the Related Party Transactions Committee.
Board of Statutory Auditors
The Board of Statutory Auditors monitors compliance with the law and By-laws, the performance and assignment of the statutory independent auditors, and it assess their other appointments. It also performs a management control function and monitors the effectiveness of the internal control, monitoring and risk management systems as well as non-financial information.
Audit company
The task of statutory auditing is assigned to a company listed in the register of statutory auditors kept by the Ministry of Economy and Finance by resolution passed by the Shareholders' Meeting which also determines the remuneration, upon reasoned proposal of the Board of Statutory Auditors.