Board of Statutory Auditors
Control body
The Board of Statutory Auditors monitors compliance with the law, the Articles of Association and with principles of proper administration.
The current Board of Statutory Auditors, consisting of three statutory auditors and two alternate auditors, was appointed by the Shareholders' Meeting held on April 24th, 2024 and shall remain in office until the financial statements at December 31st, 2026 is approved.
Composition
As set down by legislation, by our Articles of Association and by the Corporate Governance Code for Listed Companies, statutory auditors must meet specific requirements of integrity, professionalism and independence.
Our Board of Statutory Auditors goes beyond the standards on gender balance set by the Golfo-Mosca Law: two thirds of them are women. The auditors are in office for three terms and can be re-elected.
Gabriella Chersicla
Chairperson
Born in Trieste, Italy, on May 2nd, 1962
Chairperson of the Board of Statutory Auditor of Amplifon since 2024, elected from the minority list
Holding a degree in Economics and Business from University of Trieste, she is registered as a chartered accountant in Milan, on the Register of Legal Auditors and she is a member of the Corporate Governance Committee established by the Milan Association of the Chartered Accountants.
Since 2011 she has been practicing a sole practitioner at her own firm in Milan.
Patrizia Arienti
Statutory Auditor
Born in Milan, Italy, on June 7th, 1960
Statutory Auditor of Amplifon since 2021, elected from the majority list
Holding a degree in Economics and Business from Università Cattolica di Milano, she has been registered as a chartered accountant in Milan since 1988, on the Register of Legal Auditors since 1995. Attended specialization courses at Kellogg Graduate School of Management and SDA Bocconi.
During her long professional career, she followed IPO processes - Initial Public Offering – both in Italy and abroad, besides following projects regarding the processes of implementation of the 231 and 262 Italian Legislative Decrees.
Alfredo Malguzzi
Statutory Auditor
Born in Lerici (SP), Italy, on August 31st , 1962
Statutory Auditor of Amplifon since 2024, elected from the majority list
Holding a degree in Economics and Business from Università Bocconi, he has been registered as a chartered accountant in Milan since 1987 and on the Register of Legal Auditors since 1995.
He practices at the Target Law Firm in Milan in which he carries out his activities in corporate and tax consulting.
Appointment
The Shareholders' Meeting elects the Board of Statutory Auditors and decides on their compensation. Minority shareholders have the right to elect a Statutory Auditor and an Alternate Auditor. The appointment of the Board of Statutory Auditors takes place on the basis of lists submitted by shareholders and/or groups of shareholders who collectively hold shares with voting rights representing at least 1% of the share capital or the different measure established annually by CONSOB.
Functions
The Board of Statutory Auditors monitors compliance with legislation, internal regulations and with principles of proper administration. It verifies the adequacy of the company's management, organizational and accounting structures and ensures its correct functioning.
Interactions
The Board of Statutory Auditors interacts continuously with other participants in the Internal Audit and Risk Management System. It maintains a regular exchange of information with the audit firm and monitors the validity of its independence requirements. The Board of Statutory Auditors meets jointly with the Risk Control and Sustainability Committee for the issues of common interest under discussion. It also takes part in the meetings of the Remuneration and Appointments Committee and coordinates, through information exchange, with the Group Internal Audit and Risk Management Officer, Head of Internal Audit and with the Supervisory Board.
In its capacity as “Committee for internal audit and accounting audit”, the Board of Statutory Auditors also carries out of the supervisory activities as set down by art. 19 of Legislative Decree 39/2010.
The Board of Statutory Auditors met 17 times over the course of 2021 and at least 5 meetings are scheduled for 2022.