The principles governing the activity and management of the company

The Articles of Association of Iren Group S.p.A are the primary source of the company's system of administration and control.

 

This is a set of rules drafted with the aim of offering guarantees and protections to those who establish relations with the Group. The current version of the Articles of Association was approved by the Board of Directors of Iren S.p.A. on 25 March 2020 and was amended in articles 10.4, 19.1, 19.2, 19.3, 28.1, 28.2 and 28.3.

 

The amendments, in particular, concerned: firstly, the procedure for shareholder identification and the associated charging of costs (adjustment to art. 83-duodecies CFA); secondly, compliance with the rules on compliance with "gender quotas" for the composition of corporate bodies (compliance with the 2020 Budget Law).

 

The Articles of Association also establish the role of shareholders and the criteria for the appointment of members of the Board of Directors and the Board of Statutory Auditors.

The Corporate Governance code and governance solutions

By resolution of the Board of Directors on 18 December 2020, Iren S.p.A. adhered to the Corporate Governance Code approved by the Corporate Governance Committee in January 2020 and available to the public on the website of Borsa Italiana.

 

After adoption a disclosure was made to the public through a press release distributed to the market.

 

On the same date, the Board of Directors also approved a document highlighting the Company's specific governance solutions regarding the provisions of the Code.

Statuto

Corporate Governance Code