(Finance) – Today the meeting took place‘Shareholders’ Meeting of Pininfarina which, in an extraordinary session, has new text of the company statute approved functional, in particular, to theadoption of the monistic model of administration and control – characterised by the presence of a Board of Directors, which is responsible for the management function, and a Management Control Committee, established within the Board itself, with control functions – and the revision of some provisions relating to the convening and
holding of meetings of the corporate bodies.
In ordinary session, in light of the approval of the new text of the Articles of Association and, therefore, of the adoption of the monistic model of administration and control, the Assembly also New Board of Directors appointedapproving, among other things, the proposal submitted by the partner PF Holdings BV to determine in 10 is the number of its componentsof which the majority, equal to 6 members, declared to possess the independence requirements required by the applicable legislation as well as by the Corporate Governance Code. Of the aforementioned 6 independent members, 4 also declared to possess the requirements for appointment as members of the Management Control Committee; 2 of them also declared to be registered in the Register of Statutory Auditors. The term of office of the Board of Directors was established in three exercisesuntil the Assembly convened for the approval of the Budget at 31 December 2026.
Administrators have been appointed Lucia Morselli (independent director, former Chairman of the outgoing Board of Directors),
Silvio Peter Angori (formerly Chief Executive Officer of the outgoing Board of Directors), Jay Noah Itzkowitz, Peeyush Dubey, Amarjyoti Barua, Pamela Morassi (independent advisor, in possession of the requirements for appointment as member
of the Management Control Committee) Manuela Monica Danila Massari (independent director, in possession of the requirements for appointment as a member of the Management Control Committee and registered in the Register of statutory auditors), Sarah Dethridge (independent advisor), Max Miani (independent advisor, in possession of the requirements for appointment as member
of the Management Control Committee and registered in the Register of Statutory Auditors) all taken from the majority list submitted by PF Holdings BV. (which obtained 93.092% of the voters), in addition to Salvatore Providenti (independent director, in possession of the requirements for appointment as a member of the Management Control Committee) taken from minority list presented by Alfonso Prascina (which obtained 6.908% of the voters).