Governance

Corporate Bodies and Independent Auditors



Corporate Governance System

Rai Way adopts a corporate governance system in line with the principles recognised by international best practices, and which conforms with that outlined in the Autodisciplinary Code for listed companies, backed by the Italian Stock Market. We have decided to adhere to the newest edition of the Code (currently known as the Corporate Governance Code for listed companies) which has been applied since 2021.

A ”traditional” administrative system has been adopted, which values the role of the CEO as a managing body, whilst auditing functions are given to the Board of Auditors.

The governance structure and organisational framework in place aim to maximise the efficiency of management and create greater value for all Rai Way shareholders. The governance system offers relief to the central role of the CEO, the company’s ethics, and its transparency in terms of the market, as well as the correct management of any conflicts of interest, of the efficiency and effectiveness of the internal auditing and risk management system, as well as any policies relating to remuneration.



Summary of Governance System







STATUTORY AUDITORS
ANNUAL GENERAL MEETING
BOARD OF AUDITORS
BOARD OF DIRECTORS
COMMITTEES

The Remuneration and Appointment Committee and the Sustainability Auditing and Risk Committee.