Sabaf — Board/Management Information 2018

Jun 26, 2018

Informazione Regolamentata n. 0226-63-2018		Data/Ora Ricezione 26 Giugno 2018 14:55:24	MTA - Star
Societa'	:	SABAF
Identificativo Informazione Regolamentata	:	105581
Nome utilizzatore	:	SABAFN02 - Beschi
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	26 Giugno 2018 14:55:24
Data/Ora Inizio Diffusione presunta	:	26 Giugno 2018 14:55:25
Oggetto	:	Sabaf: resolutions following the Board of Directors meeting of 26 June 2018
Testo del comunicato

Vedi allegato.

Ospitaletto (BS), 26 June 2018

Press release

SABAF: RESOLUTIONS FOLLOWING THE BOARD OF DIRECTORS MEETING OF 26 JUNE 2018

• Change in the composition of the Remuneration and Nomination Committee
• Self-assessment report of the Board of Statutory Auditors
• Change in the 2018 financial calendar $\bullet$

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Remuneration and Nomination Committee

The Board of Directors of Sabaf S.p.A. met today in Ospitaletto (BS) and resolved to change the composition of the Remuneration and Nomination Committee in order to ensure full compliance with the provisions of Article 6 of the Corporate Governance Code of Listed Companies, which envisages that the Remuneration Committee will be composed of independent directors or, alternatively, nonexecutive directors, the majority of whom independent.

Following the resolution passed by the Board of Directors, as of today the Remuneration and Nomination Committee is composed of the independent directors Renato Camodeca and Stefania Triva and the non-executive director Alessandro Potestà. Renato Camodeca was confirmed Chairman of the Committee.

Self-Assessment of the Board of Statutory Auditors

Each member of the Board of Statutory Auditors appointed by the Shareholders' Meeting of 8 May 2018 made a declaration of transparency and acceptance of their appointment and that none of the causes for ineligibility and forfeiture envisaged by current regulations and the Articles of Association apply.

The Board of Directors took note of the Self-assessment Report of the Board of Statutory Auditors, prepared after the appointment, pursuant to Art. 8.C.1 of the Corporate Governance Code of listed companies. In the Self-assessment Report the Board of Statutory Auditors positively assessed the existence of the requirements of professionalism, competence, experience and independence of the members of the Board, as well as the adequacy of its composition, also with regard to gender distribution. Each individual member considered that the time available to carry out the assignment was adequate.

2018 financial calendar

Sabaf S.p.A. announces that as a partial change to the 2018 corporate events calendar published on 20 December 2017, the meeting of the Board of Directors for the approval of the third quarter Intermediate Directors' Report will take place on 12 November 2018 instead of 13 November 2018.

The following is a summary of the Company calendar updated as of today:

• 2 August 2018, approval of the 2018 Half-yearly Financial Report
• 12 November 2018, approval of the 2018 third quarter intermediate Directors' Report

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