Board of Directors
The Board of Directors has the power to define the Company and the Group’s strategic and control guidelines. It therefore plays an essential role in corporate governance. In addition to the powers conferred by law and by the Articles of Association, the Board has exclusive authority over key financial, strategic and management decisions, such as functional decisions in order to monitor and guide the Company.
The Shareholders’ Meeting is the body which, according to the law, has the exclusive right to resolve on issues such as, among others: appointment of the Board of Directors, the Board of Statutory Auditors and the Independent Auditors, approval of the financial statements, amendments to the Articles of Association and capital increases.