BOARD OF STATUTORY AUDITORS

Pursuant to the Fincantieri By-Laws, the Board of Statutory Auditors is composed of three Standing Auditors and three Alternate Auditors, appointed by the Ordinary Shareholders’ Meeting.

The Auditors hold office for three financial years, expiring on the date of the Shareholders’ Meeting called to approve the financial statements for the third year of their term, and may be re-elected.

The current Board of Statutory Auditors was appointed by the Ordinary Shareholders’ Meeting held on 31 May 2023 for the financial years 2023-2025, and will therefore expire on the date of the Shareholders’ Meeting called to approve the financial statements as at 31 December 2025.

Two Standing Auditors and two Alternate Auditors were drawn from the list submitted by the majority Shareholder CDP Equity S.p.A., and one Standing Auditor and one Alternate Auditor were drawn from the list submitted by the minority Shareholder INARCASSA. In accordance with the By-Laws, the Shareholders’ Meeting appointed, as Chair of the Board of Statutory Auditors, the Standing Auditor drawn from the minority list, Gabriella Chersicla. All Auditors meet the independence requirements set forth by the TUF and the Corporate Governance Code.