The FINANCIAL -- In a meeting held today at Borsa Italiana’s headquarters, the Italian Corporate Governance Committee examined the report on the activities undertaken in the last year, including meetings and seminars aimed at promoting the new Corporate Governance Code.

The report also contains a summary of a comparative study, with reference to the most relevant European countries, concerning the nature of their corporate governance committees and the practices in place for the monitoring of the application of the codes. The report is available on the Borsa Italiana website.

The Committee also approved the plan for future activities, which will include a preliminary assessment, based on European trends, on the following topics:

the draft of a set of principles of conduct addressed to asset managers, asset owners and their advisors in respect of transparency of voting policies, monitoring of investee companies and management of conflicts of interest (so called “stewardship code”); the monitoring of the application of the Corporate Governance Code and, if any, of the stewardship code.

As Borsa Italiana - London Stock Exchange Group reported, six of the members of the Committee (composed of 24 members) have changed with the following new entries: Enrico Tommaso Cucchiani, Aldo Minucci, Marcella Panucci, Alessandro Profumo, Pierluigi Stefanini and Massimo Tononi.

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