The Board of Statutory Auditors is nominated by the Shareholders Meeting on the basis of slates presented by shareholders who, individually or together with others, represent at least 2.5% of company capital.. It also takes part in the meetings of the Remuneration and Appointments Committee and coordinates, through information exchange, with the Group Risk & Compliance Officer, Head of Internal Audit and with the Supervisory Board. The Board of Statutory Auditors is the body that is responsible for ensuring compliance with the law and with the Articles of Association and is has a supervisory role over the running of the company, being specifically required to verify compliance with the principles of proper management and the adequacy and the effective operation of the organisational, administrative and accounting structure adopted by IGD. The Board of Statutory Auditors of the Issuer, currently in office was appointed by the Ordinary Shareholders' Meeting held on May 10, 2018, on the basis of a single list of candidates submitted by the majority Shareholder Omniainvest SpA, in accordance with the Articles of Association . It monitors compliance with the law and the Articles of Association, compliance with the principles of correct administration and, in particular, the adequacy of the organisational and accounting structure adopted by the Company and its concrete functioning. Under the law provisions, the Board of Statutory Auditors meets at least every ninety days and as frequently as necessary to perform its duties. The Board of Statutory Auditors is the body to which management control powers are attributed by law. 788744. The auditors are in office for three terms and can be re-elected. Corporate capital: 2.191.384.693 € fully paid-up - Taxpayer’s code and VAT number: 00825790157 - Economic and Administrative Business - Register Milan no. The statutory auditors remain in office for 3 financial years and may be re-elected. Similar roles are also found in Taiwan and South Korea , which use modified forms of Japanese corporate law , although the English translation most commonly employed for the role in these countries is supervisor or supervisory board . Francesca Michela Maurelli, elected from the minority list. with Statutory Auditors: Main duties. SAIPEM SpA - Registered office: Via Martiri di Cefalonia 67, 20097, San Donato Milanese, Milan - Italy The Board of Statutory Auditors met eleven times over the course of 2018 and at least five meetings are scheduled for 2019. The Board od Statutory Auditors, appointed by the Shareholders' Meeting, is responsible for overseeing effective management. Total: New Board of Statutory Auditors Proposed to the Shareholders’ Meeting on May 25, 2022. The Board of Statutory Auditors monitors the Company’s compliance with the applicable laws and its Bylaws and has a management control function, being specifically required to verify that: the principles of sound management are being followed; Cascades Inc. Further information on the activities of the Board of Statutory Auditors in 2019 can be found in the Corporate Governance and Shareholding Structure Report. Company with Board of Statutory Auditors Overview. Board committees. Corporate Data of Brother Industries, Ltd. Board of Directors, Statutory Auditors and Executive Officers The statutory auditors will remain in office for 3 financial years and may be re-elected. The composition of the Board of Statutory Auditors complies with the law on gender equality (120/2011) and the relevant provisions of the Corporate Governance Code. The Board of Statutory Auditors monitors compliance with legislation, internal regulations and with principles of proper administration. The Board of Statutory Auditors is composed of the following six members: The Board of Statutory Auditors met ten times in 2017. They are accompanied by the professional CV of each candidate. The current Board of Statutory Auditors was elected at the Shareholders' Meeting held on April 27, 2012 and shall remain in office until the Shareholders' Meeting approving the financial statements for the fiscal year ending on December 31st 2014. to the entity carrying out the legal accounting audit, determines the remuneration to the Directors and Statutory Auditors, and also the compensation to the entity in charge of the legal accounting audit, deliberates on actions of liability against the Directors and Statutory Auditors, approves and modifies any regulation for shareholders' meetings works, decides on other matters assigned by law to its … To consult the full Cookie Policy or decline, at a later date, your consent to the cookies used by the website, click here. The members of the Board of Statutory Auditors are appointed on the basis of the lists presented by the shareholders. The Amplifon Group recorded very positive results in the first nine months of 2017, The Board of Statutory Auditors is composed of three standing statutory auditors and of two alternate statutory auditors. It maintains a regular exchange of information with the audit firm and monitors the validity of its independence requirements. The statutory auditors act autonomously and independently also with regard to the shareholders who elected them. 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 Board of Statutory Auditors interacts continuously with other participants in the Internal Audit and Risk Management System. 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. The Board of Statutory Auditors is tasked with monitoring compliance with the law and the memorandum of association, proper management of the Company and the appropriateness of the internal control system. Auditor of Amplifon since 2012, elected from the majority list. The appointing of the statutory auditors takes place, pursuant to art. The Board of Statutory Auditors is composed of 3 statutory auditors and 2 alternate auditors, appointed on 29 April 2020 by the Shareholders’ Meeting. Milan, October 25, 2017 - Amplifon S.P.A, global leader in hearing solutions and She practices in her own firm in Milan (Studio Associato Pagani). Chairperson of the Board of Statutory Auditors of Amplifon since 2015, elected from the minority list. The Board of Statutory Auditors is composed of 3 statutory auditors and 2 alternate auditors, appointed on 29 April 2020 by the Shareholders’ Meeting. Statutory Auditor of Amplifon since 2012, elected from the majority list. The 2019 Shareholders' Meeting (17 April 2019) appointed the new Board of Statutory Auditors, which will remain in office until the approval of the financial statements as at 31 December 2021 and consists of three standing auditors and three alternate auditors in compliance with the gender balance criterion prescribed by current laws and regulations. compliance with the law and Articles of Association; the adequacy of the Company’s organisational structure within each area of competence, of the Internal Control and Risk Management System, and the administrative/accounting system, as well as the reliability of the latter to provide a fair reflection of business operations; the implementation of corporate governance regulations contained in the Corporate Governance Code issued by Borsa Italiana to which the Company adheres; the adequacy of directions given by the Company to its subsidiaries. Statutory auditors' appointment. The Meeting appoints seven Statutory Auditors, comprising five serving members, including the Chairman, and two alternate members Functions of the board of the statutory auditors. The Board of Statutory Auditors monitors compliance with the law, the Articles of Association and with principles of proper administration. The lists are deposited at the company headquarters at least 25 days before the date of the Shareholders’ Meeting on the first or single call and published on the corporate website www.saipem.com. Norberto Rosini, elected from the majority list. The current Board of Statutory Auditors was elected by shareholders of 2 April 2019 to stand until the 2022 shareholders’ meeting to approve 2021 financial statements. The Board of Statutory Auditor was appointed by the Shareholders Meeting on 4 May 2018 until approval of the financial statements for the fiscal year as at 31 December 2020: With a Bachelor's degree in Economics and Business from the Bocconi University, he has been registered as a chartered accountant and specialist bookkeeper in Milan since 1982 and on the Register of Legal Auditors since 1995. Functions and powers of the board of directors . The Board of Statutory Auditors carries out its duties by exercising all of the powers conferred upon it by law and, since it can rely on a constant and analytical information flow from the Company, during and beyond the regular meetings of the Board of Directors and its Committees. With a first-class honours degree in Economics and Business from Bocconi University, she has been registered as a chartered accountant in Milan since 1996, on the Register of Legal Auditors since 1999, as well as the Register of Technical Consultants to the Court of Milan, the Register of Insolvency Practitioners of the Court of Milan and the Register of Accountants of Local Authorities. The Board of Statutory Auditors currently in office has been appointed by the Shareholders’ Meeting held on April 28, 2020 and will remain in office for three years until the date of the Shareholders’ Meeting called for the approval of the financial statements at 31.12.2022. The current Board of Statutory Auditors, consisting of three statutory auditors and two alternate auditors, was appointed by the Shareholders' Meeting held on April 20th, 2018 and shall remain in office until the financial statements at December 31st, 2020 is approved. 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