Prospectus - Notowania

The members of the Board of Statutory Auditors in office as at the date of the
Prospectus are shown in the following table.
Name and Surname Office held Place and date of birth
Giorgio Loli Chairman Livorno, August, 23 1939
Gian Luigi Francardo Standing Auditor Genoa, July 13, 1932
Siegfried Mayr Standing Auditor Appiano (BZ), May 15, 1944
Aldo Milanese Standing Auditor Mondovì, (CN) January 27, 1944
Vincenzo Nicastro Standing Auditor Rome, February 22, 1947
Massimo Livatino Alternate Auditor Parma, August 5, 1964
Giuseppe Verrascina Alternate Auditor Aversa (CE), June 7, 1945
In compliance with the legislative provisions and the Articles of Association, the
Board of Statutory Auditors supervises compliance with the laws, regulations and bylaws,
respect for the principles of good management, the adequacy of the
organisational structure in respect of the relevant aspects, adequacy of the system of
internal control and the administrative and accounting system of the company, as well
as the reliability of the latter in giving a true picture of management events, the
methods of effective implementation of the rules of corporate governance set out in
the codes of conduct drawn up by regulated market management companies or trade
associations, which the company, through public information, intends to comply with,
and monitors the adequacy of the provisions issued by the company to subsidiaries as
regards information to the public.
The Board also monitors the adequacy of the risk management and control system.
In order to correctly fulfil its duties, and in particular, to meet the obligation to
promptly inform the Bank of Italy and, where required, other supervisory authorities
with regards to management irregularities or violations of the legislation, the Board of
Statutory Auditors is vested with the widest possible powers set out in the normative
and regulatory provisions in force.
A short CV for each auditor is shown below, which shows the skills and experience
gained.
Giorgio Loli. Graduated in Economics and Business, chartered accountant since 1968
and listed on the Register of Chartered Accountants. Up until 2004 he was contract
professor of business economics at the Luigi Bocconi Business University. He began
his career in 1964, becoming KPMG S.p.A. partner in 1972, a role he held until 1998.
In addition, he held important roles as member of the committee of the National Board
of Chartered Accountants for the Ruling of Auditing Standards, from 1975 until 2001,
a member of the EEC Chartered Accountants Study Group from 1980 until 1990 and
the Chairman of Assirevi between 1979 and 1985. He was also a member of the
committee of the National Board of Chartered Accountants for the Ruling of Auditing
Standards between 1975 and 1982 and a member of the CONSOB Commission for the
definition of Auditing Standards from 1984 to 1985 and between 2000 and 2003 was
Chairman of the International Monetary Fund External Audit Committee. He currently
holds other roles such as: Chairman of the Board of Statutory Auditors of Coesia
S.p.A., Maire Tecnimont S.p.A. and G.D. S.p.A..
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