The current Board of Directors of Prysmian S.p.A. has set up three internal Committees and appointed their members, including the Chairperson.
The composition, duties and functioning of the Committees are governed by the Corporate Governance Regulations adopted by the Board of Directors and available here.
The Committees are composed of three non-executive Directors, the majority of whom are independent pursuant to the Corporate Governance Code and the T.U.F., with the exception of the Remunerations and Nominations Committee, where one member is qualified as independent only pursuant to the T.U.F.. The term of office of each member corresponds to the term of office of as Director.
The Board of Directors has established an annual budget for each of the Committees in relation to any external consultancy they may require.
Persons who are not members of the Committees may also attend Committee meetings by invitation.