Ascopiave

Board/Management Information • May 11, 2023

Informazione Regolamentata n. 0887-35-2023		Data/Ora Ricezione 11 Maggio 2023 14:22:18	Euronext Star Milan
Societa'	:	ASCOPIAVE
Identificativo Informazione Regolamentata	:	176764
Nome utilizzatore	:	ASCOPIAVEN05 - Collodel Sabina
Tipologia	:	3.1
Data/Ora Ricezione	:	11 Maggio 2023 14:22:18
Data/Ora Inizio Diffusione presunta	:	11 Maggio 2023 14:22:20
Oggetto	:	Board Committees, verification of the independence of directors and auditors	Appointment of the Chief Executive Officer,
Testo del comunicato

Vedi allegato.

PRESS RELEASE

ASCOPIAVE S.p.A.: Appointment of the Chief Executive Officer, Board Committees, verification of the independence of directors and auditors.

The Board of Directors of Ascopiave S.p.A., which met today, appointed the Chairman Nicola Cecconato as Chief Executive Officer of the Company. The Board also endowed the Chairman and the Chief Executive Officer with the relevant powers. Furthermore, on the basis of the information received from the parties concerned as well as the information in its possession, the Board has ascertained, pursuant to the provisions of the Consolidated Finance Act and the Corporate Governance Code, that the directors Federica Monti, Cristian Novello, Luisa Vecchiato and Giovanni Zoppas comply with the independence requirements envisaged in Article 148, paragraph 3, of the Consolidated Law on Finance and Article 2 of the Corporate Governance Code, and that therefore the composition of the Board of Directors complies with the provisions of Article 147 ter of the Consolidated Finance Act and Article IA.2.10.6 of the Italian Stock Exchange instructions on STAR issuers.

The Board of Auditors verified the correct application of the assessment benchmarks and procedures adopted by the Board to evaluate the independence of its members.

On 8th May 2023, the Board of Statutory Auditors ascertained that its members met the independence requirements stated in Article 148, paragraph 3, of the Consolidated Law on Finance and Article 2 of the Corporate Governance Code, on the basis of information received from the persons directly concerned. The composition of the Board of Statutory Auditors therefore complies with the provisions of Article 148 of the said Law.

The Board of Directors also established the Control and Risk Committee, with the following members:

• Cristian Novello (Chairman), independent director;
• Federica Monti, independent director;
• Luisa Vecchiato, independent director,

Furthermore, the Board of Directors organised the Remuneration Committee, identifying as its members:

• Luisa Vecchiato (Chairman), independent director;
• Cristian Novello, independent director;
• Greta Pietrobon, non-executive director,

The Board of Directors also created the Sustainability Committee, identifying as its members:

• Greta Pietrobon (Chairman), non-executive director;
• Federica Monti, independent director;
• Enrico Quarello, non-executive director.

The curriculum vitae of each director and auditor, as well as information on the lists they came from, are available on the Company's website (www.gruppoascopiave.it).

The Ascopiave Group is one of the leading national operators in the natural gas distribution field.

The Group holds direct concessions and assignments for the management of operations in 305 towns, providing service to over 880,000 users through a network of approximately 14,500 kilometres.

Ascopiave is also a partner of the Hera Group in the marketing of gas and electricity, holding a 40% stake in the company Est Energy S.p.A., a leading operator in the field with a portfolio of over 1 million sales contracts to end users, mainly in the Veneto, Friuli Venezia-Giulia and Lombardy regions.

The company also operates in the water sector, being a shareholder and technological partner of Cogeide S.p.A.,, which manages the integrated water service in 15 towns in the Province of Bergamo, serving a basin of over 100 thousand inhabitants through a network of 880 km.

Ascopiave is a player in renewable energy as well, owning 28 hydroelectric and wind power plants with a nominal installed capacity of 62.5 MW. Through its subsidiary Salinella Eolico S.r.l., it is also in the process of starting up a new wind power plant.

Ascopiave is present in the ICT service provision through its subsidiary Asco TLC S.p.A..

Ascopiave has been listed on the Euronext Star Milan segment of the Italian Stock Exchange since 12 December 2006.

Contact:	Community Group	Ascopiave
	Giuliano Pasini	Tel. 0438 / 980098
	Gianandrea Gamba	Roberto Zava - Media Relator
	Tel. 0422 / 416111	Cell. 335 / 1852403
	Cell. 335 / 6085019	Giacomo Bignucolo - Investor Relator
		Cell. 335 / 1311193

Pieve di Soligo, 11 May 2023