Related parties transactions committee

The Committee for Transactions with Related Parties, instituted by the Board of Directors, is composed of five independent directors and endowed with functions of consultation, proposal and monitoring.

Composition

Silvia Giannini

CHAIRMAN – NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Maristella Botticini

NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Paola Dubini

NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Francesca Pasinelli

NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Maria Serena Porcari

NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Functions

The Committee for Transactions with Related Parties has functions of  consultation, proposal and monitoring and supports the Board of Directors as far as transactions with related parties are concerned.

CIR has furnished itself with a specific procedure for operations with related parties to establish the principles of behavior that the company is required to adopt in order to guarantee the correct management and conduct of these operations.

In the context of this procedure, the Committee for Transactions with Related Parties, the composition of which matches that of the Control, Risks and Sustainability Committee, has a fundamental role.

Participation in meetings of the Committee for Operations with Related Parties

The table presents the participation of directors, in percentages, in meetings of the Committee for Operations with Related Parties. In the 2018, COFIDE’s committee met five times, while CIR’s met once.

Participation in 2019 meetings of the Committee for Operations with Related Parties

COFIDE PRE-MERGER

societàNameRole% of participation
COFIDE PRE-MERGERMassimo CremonaChairman100%
COFIDE PRE-MERGERPaola DubiniCommittee Member100%
COFIDE PRE-MERGERFrancesco GuastiCommittee Member100%
COFIDE PRE-MERGERPia Hahn MaroccoCommittee Member100%
COFIDE PRE-MERGERMaria Serena PorcariCommittee Member100%
CIR PRE-MERGERGiannini SilviaChairman100%
CIR PRE-MERGERBotticini MaristellaCommittee Member100%
CIR PRE-MERGERFrancesca PasinelliCommittee Member100%
CIR PRE-MERGERClaudio RecchiCommittee Member80%