Snam — Board/Management Information 2016

Apr 27, 2016

Informazione Regolamentata n. 0542-36-2016		Data/Ora Ricezione 27 Aprile 2016 18:25:52	MTA
Societa'	:	SNAM
Identificativo Informazione Regolamentata	:	73190
Nome utilizzatore	:	SNAM01 - Porro
Tipologia	:	IRCG 02
Data/Ora Ricezione	:	27 Aprile 2016 18:25:52
Data/Ora Inizio Diffusione presunta	:	27 Aprile 2016 18:40:53
Oggetto	:	Executive Officer	Snam: Marco Alvera' appointed as Chief
Testo del comunicato

Vedi allegato.

Snam's BoD appoints Marco Alverà as Chief Executive Officer

San Donato Milanese, 27 April 2016 – Snam's Board of Directors, chaired by Carlo Malacarne, today appointed Marco Alverà as Chief Executive Officer, giving him the powers of administration of the Company excluding the specific attributions reserved by the law, bylaws or by virtue of BoD resolution for the Board or the Chairman, who has a nonexecutive role.

Snam's Board of Directors has also determined that, with regard to the 9 Directors, the majority of whom are independent (5), there are no causes of ineligibility or incompatibility, and that each of them possess the integrity requirements laid down by current legislation. The Board of Directors also determined that Directors Sabrina Bruno, Monica De Virgiliis, Francesco Gori, Lucia Morselli and Elisabetta Oliveri possess the independence requirements laid down by the law and by the Corporate Governance Code.

The Board of Directors also ascertained that the statutory auditors fulfill the professional and integrity requirements pursuant to Ministerial Decree no. 162 of 30 March 2000, as specified by Art. 20.1 of the bylaws and it took note of the independence requirements laid down by the law and by the Corporate Governance Code, on the basis of the checks made today by the Board of Statutory Auditors and transmitted to the BoD, pursuant to Application Criterion 8.C.1. of the Corporate Governance Code approved by the Corporate Governance Committee (July 2015 edition).

Finally, the Board verified that the composition of the Board itself and of the Board of Statutory Auditors complies with the current regulatory and statutory provisions on gender equality and that on the Board of Directors in particular (4 out of 9) it goes beyond the regulatory requirements; the Board also verified that the number of management and control positions held by the Directors is compatible with the effective execution of the office of Director in Snam.

The curricula vitae of the Directors and Statutory Auditors are available on the website www.snam.it.