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Our model

At the top of the company, Chairman and Vice-Chairmen ensure that the Group's sustainability Mission is understood, developed and aligned with the values guiding the company's operations.

The Group's system for administration and control is based on the traditional model and includes:

  • the Board of Directors, consisting of eight directors, two of whom are executive and independent directors, two executive and four non-executive. Within its activities, the Board provides both standard and extraordinary management of the business, defining its strategic guidelines, assessing its organization, administration and accounting activities, and providing a general evaluation of its management;
  • the Board of Statutory Auditors, composed of five members appointed for three years, monitors compliance with the law and with the certificate of incorporation, as well as adherence to the principles of correct administration;
  • the Shareholders' Meeting appoints the members of the Board of Directors and Board of Statutory Auditors and approves the company's Financial Statements.

SUSTAINABILITY GOVERNANCE

At the top of the company, Chairman and Vice-Chairmen ensure that the Group's sustainability Mission is understood, developed and aligned with the values guiding the company's operations.

The Management Committee, composed by the Chief Executive Officer and the Directors who report to him, defines the company's development strategies and evaluates their consistency with the objectives, assessing the progress achieved.

The identification of strategies, guidelines as well as the identification of projects for sustainable development, but also the monitoring of specific sustainability risks is guided at Group level by a special GYGP Board (Board "Good for You, Good for the Planet "), coordinated by the GYGP Unit, which operates within the Group's Global Marketing. The Board is composed of the first line of officers of the CEO.

In addition, a specific GYGP Task Force, composed of experts referring to the departments Research Development & Quality, Supply Chain, Marketing and Communication, is responsible for stimulating the company to execute the decisions taken by the Board.

Governance