Corporate Governance

The corporate governance structure of Recordati S.p.A. is based on a conventional organisational model and therefore consists of the following corporate bodies: (i) the Shareholders’ Meeting, (ii) the Board of Directors, (iii) the Board of Statutory Auditors. Accounting control is delegated, in compliance with the relative legislation in force, to a firm of external auditors registered in the special roll maintained by the Consob (Italian securities market authority).
The Board of Directors has formed two committees from among its members with consultative and proposal-making functions: the Remuneration Committee and the Audit and Risk Committee, both consisting exclusively of independent directors.
Recordati adheres to and complies with the Corporate Governance Code for listed companies (the December 2011 edition) with the additions and necessary amendments resulting from the characteristics of the Group as mentioned in this Corporate Governance Report