Board of Statutory Auditors
The Board of Statutory Auditors carries out supervisory functions to ensure proper management of the company. The current Board of Statutory Auditors was appointed by the Shareholders' Meeting of 4 August 2016 for a three-year term, therefore until the date of the Shareholders' Meeting called in 2019 to approve the 2018 financial statements.
Italgas’ Board of Statutory Auditors is made up of three standing auditors and two alternates appointed by the Shareholders’ Meeting for three financial years and can be re-elected after the term of office. Statutory auditors are chosen from among those who meet the professionalism and integrity requirements of the Ministry of Justice (Decree 162 of 30 March 2000). For the purpose of applying this decree, the matters closely associated with Italgas activities are commercial law, business economics and corporate finance, whilst the closely related sectors are engineering and geology.
One of the statutory auditors is female, in compliance with the regulation in force on gender equality.
The provisions of the By-Laws involving the appointment of the Board of Statutory Auditors through list voting and the appointment of at least one statutory auditor from the minority list apply from the renewal of the current Board of Statutory Auditors.
Pursuant to the procedure “Transactions in which directors and statutory auditors have an interest and related party transactions”, members of the Board of Statutory Auditors must declare any interest on their own behalf or that of third parties in specific transactions submitted to the Board of Directors.
Members of the Board of Statutory Auditors
Powers to call Shareholders' Meetings and meetings of the Board of Directors
Upon prior notice to the Chairman of the Board of Directors, the Board of Statutory Auditors may call Shareholders' Meetings and Board of Directors' meetings. The power to call Board of Directors’ meetings may be exercised individually by each member of the Board of Statutory Auditors; the power to call Shareholders’ Meetings must be exercised by at least two members of the Board.
The Board of Statutory Auditors is asked to attend the meetings of the Control, Risk and Related Party Transactions Committee.
Further details of the appointment methods and composition of the Board of Statutory Auditors, as well as the activities carried out in 2017, can be found in the Report on Corporate Governance and Ownership Structure.
ultimo aggiornamento Mon Jun 11 11:17:58 UTC 2018