The Shareholders’ Meeting of Amplifon S.p.A. was held today in ordinary session. During the meeting chaired by Susan Carol Holland shareholders resolved to increase the number of directors comprising the company’s Board of Directors from eight to nine and appointed Enrico Vita as a new member of the Board of Directors. In accordance with Art. 15 of the company’s articles of association, the director was appointed from the only list submitted by the shareholder Ampliter N.V. which received the Board of Directors’ recommendations in this regard on July 23rd, 2015.

The other eight directors remained unchanged and, consequently, the Board of Directors currently comprises – in addition to Vita – Anna Maria Formiggini Holland (Honorary Chairperson), Susan Carol Holland (Chairperson), Franco Moscetti (Chief Executive Officer), Giampio Bracchi, Maurizio Costa, Andrea Guerra, Anna Puccio and Giovanni Tamburi.

The director appointed during this Shareholders’ Meeting will remain in office through the end of the Board of Directors’ current term, namely through the date on which the financial statements for FY 2015 are approved.

The Board of Directors intends to call upon Enrico Vita to act as the Group’s Chief Executive Officer and will meet on October 22nd to resolve in this regard. On the same occasion, the Board of Directors will also appoint the current Chief Executive Officer, Franco Moscetti, as non-executive Deputy Chairperson.

Enrico Vita, 46 years old, is currently Amplifon’s Chief Operating Officer. Mr. Vita joined the Group in March 2014 after having developed his professional career in Indesit. During the almost 20 years he served within the Fabriano group, Mr. Vita held positions of growing responsibility both in Italy and abroad until becoming Chief Operating Officer Sales and Marketing.
Shareholders also resolved to leave unchanged the remuneration for the directors approved during the ordinary Shareholders’ Meeting held on April 21st, 2015.