Annual Review 2012 - Luxottica

REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE
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She is also the Chairwoman of the Board of Auditors of Eco Eridania S.p.A., Porto di
Arenzano S.p.A., statutory auditor of Burke & Novi S.r.l., and member of the Supervisory
Board and Board of Directors of Fondiaria SAI S.p.A.
Auditing Firm
The auditing activity is entrusted to an auditing company registered in the Register of
Auditors, whose appointment is approved at the Ordinary Meeting of Stockholders.
The auditing company serving until the approval of the financial statements for the year
2020 is PricewaterhouseCoopers S.p.A., in accordance with the resolution of the Ordinary
Meeting of Stockholders of April 28, 2011.
Manager responsible for the preparation of the Company’s financial reports
On April 27, 2012, the Board of Directors confirmed Enrico Cavatorta as the manager
responsible for the preparation of the Company’s financial reports.
The appointed manager will remain in office until: (a) termination of the entire Board of
Directors which appointed him; (b) dismissal from the office; or (c) revocation of the office
by the Board itself.
The appointed manager has been granted all the powers and resources necessary to
perform his duties according to the applicable regulations of the Italian Consolidated
Financial Law and of the related performance regulations. In particular, the appointed
manager has been granted wide powers connected to: (i) the preparation of adequate
administrative and accounting procedures for the preparation of both the separate and
consolidated financial statements as well as of any notice of a financial nature; (ii) the issue
of certifications pursuant to article 154-bis paragraph 2, of the Italian Consolidated Financial
Law with reference to the acts and the communications of the Company disclosed to the
market and relating to the accounting report, including half-year reports, of the Company;
and (iii) the issue, together with the Chief Executive Officer, of certificates pursuant to
article 154-bis paragraph 5, of the Italian Consolidated Financial Law, with reference to the
separate financial statements, the six-monthly financial statements and the consolidated
financial statements. More generally, the appointed manager has been granted the power
to perform any activity necessary or useful for the appropriate performance of the abovementioned
task including power to expend Company funds within the limits of the powers
already granted to Mr. Cavatorta, with exception of the possibility to spend amounts in
excess of the above-mentioned limits, where necessary and upon specific and justified
request by the appointed manager, subject to prior approval by the Board of Directors.
III. BY-LAWS, CODE OF CONDUCT AND PROCEDURES
By-laws
The current Company by-laws were most recently amended on the resolution of the Board of
Directors on July 26, 2012 for the purpose of adapting the by-laws to the provision of Italian Law
120/2011 on the balance between the genders in the composition of company committees.