Milan, 16 May 2016
The Company's Board of Directors, appointed by the Shareholders’ Meeting of 13 May 2016 for the fiscal years 2016-2018, met today for the first time.
The Board of Directors, under the chairmanship of Alistair Dormer, appointed Katherine Jane Mingay as Vice Chairman.
The Board has also appointed Control and Risk Committee and the Nomination and Remuneration Committee.
The members of the Control and Risk Committee are the independent directors Alberto de Benedictis (Chairman), Mario Garraffo and Katharine Rosalind Painter. The members of the Nomination and Remuneration Committee are the independent directors Katharine Rosalind Painter (Chairman), Alberto de Benedictis and Mario Garraffo.
The Board has also appointed Franco Gianni as Secretary of the Board.
Finally, the Board assessed – pursuant to art. 148, paragraph 3, of the TUF (applicable to directors pursuant to Art. 147-ter, paragraph 4, of the TUF), to the Corporate Governance Code promoted by the Italian Stock Exchange and art. 37 of Consob Regulation no. 16191 of 29 October 2007 – the independence of directors Katharine Rosalind Painter, Alberto de Benedictis, Giuseppe Bivona, Rosa Cipriotti and Fabio Labruna. In assessing the independence requirements pursuant to the Corporate Governance Code, the Board of Directors adopted the assessment criteria set out by the Code itself.
It should be noted that the assessment on the independence of director Mario Garraffo will be carried out subsequently, considering that the latter was unable to attend the meeting.
The Curriculum Vitae of the Directors is available on the company’s website at www.ansaldo-sts.com.