In accordance with Fincantieri’s By-laws, the Board of Statutory Auditors consists of three Standing Auditors and three Alternate Auditors appointed by the Company’s ordinary Shareholders’ Meeting.
Statutory Auditors remain in office for three years, and their term expires at the date of the Shareholders’ Meeting called to approve the financial statements for their third year of office; they may be re-elected.
The Board of Statutory Auditors in office was appointed by the Company’s ordinary Shareholders’ Meeting held on 31 May 2023 for the three years period 2023-2025 and therefore it expires on the date of approval of the financial statements for the year ending 31 December 2025.
Two Standing Auditors and two Alternate Auditors were taken from the slate submitted by the majority Shareholder CDP Equity S.p.A. and one Standing Auditor and one Alternate Auditor were taken from the slate submitted by the minority Shareholder INARCASSA. Pursuant to the By-laws, the Shareholders’ Meeting appointed Gabriella Chersicla – Standing Auditor taken from the minority slate – as Chairman of the Board of Statutory Auditors. All the members of the Board of Statutory Auditors satisfy the independence requirements set out by the Italian Consolidated Law on Finance and by the Corporate Governance Code.