The Ordinary Shareholders’ Meeting exercises the functions listed in art. 2364 of the Italian Civil Code.
On 30 January 2001, the Shareholders’ Meeting approved the Regulations of its own meetings, in order to ensure that the works of the Meeting would be conducted in an orderly and efficient manner and in order to guarantee, in particular, the right of each shareholder to take the floor on any of the items under discussion. Information to shareholders is supplied in compliance with the regulations on privileged information.
The Extraordinary Shareholders’ Meeting on 30 April 2007 resolved on the changes required to bring the Articles of Association into line with the new regulatory provisions introduced by Law 262/2005 (Savings Protection Law), and gave the Board of Directors the possibility to resolve on the regulatory amendments to the Articles of Association.