Shareholders' Meetings

Rules

To ensure that Shareholders' Meetings take place correctly, Shareholders must follow the Meeting Regulations approved by the Shareholders' Meeting itself on April 24^th, 2007.

Competencies

In ordinary sessions: 

• approves the annual financial 
• appoints and removes members of the Board of Directors and the Statutory Auditors 
• approves their remuneration 
• resolve on other matters falling under its prerogative as provided for by law.

In extraordinary sessions:

• amends the Company’s articles of incorporation and association 
• resolves on other matters falling under its prerogative as provided for by law.

Increased voting rights

The Extraordinary Shareholders’ Meeting held on January 29^th, 2015 approved the proposed amendments to the corporate by-laws by including in a new Article 13 to define the methods to be used to assign increased voting rights, in accordance with the recently introduced option provided in Art. 127-quinquies of T.U.F..