Chrysler 2011 Annual Report Download - page 345

344 Reports of
the Board of
Statutory
Auditors
On 21 February 2012, the Chairman of the Board of Statutory Auditors received the following complaint by e-mail from the shareholder
Marco Bava, citing Article 2408 of the Civil Code:
“I hereby wish to register a complaint, pursuant to Article 2408 of the Civil Code, concerning non-compliance with Article 114 of
Legislative Decree 58/98 as, to date, Fiat S.p.A.’s corporate calendar has provided no indication of the date of the next annual general
meeting. I hereby ask that you publish this information as soon as possible, correcting a gross negligence that has been ignored by the
media and Consob, and that you follow the proper legal procedures with regard to this complaint.”
The Board of Statutory Auditors is of the opinion that the reported event does not fall within the scope of Article 2408 of the Civil Code
and, in any event, reserves the right to address this matter at the forthcoming general meeting.
In conclusion, we note that during the year, the Company verified the effective independence of the independent directors, and
we confirm that the principles and procedures for verification were fairly applied in accordance with Article 3.c.5 of the Corporate
Governance Code. We also confirmed our own continued independence as required under Article 8.c.1 of the Corporate Governance
Code.
Based on the audits we performed in the areas under our responsibility, pursuant to Article 149 of Legislative Decree 58/1998, and in
consideration of the information received from the Independent Auditors, we have verified that the statutory financial statements for the
year ended 31 December 2011, which report net profit of €99,165,620, have been prepared and are presented in accordance with
the applicable provisions of law.
In particular, we verified that none of the exemptions permitted under Article 2423 (4) of the Civil Code were exercised.
As part of the oversight activities described above, the Board of Statutory Auditors met 14 times, in addition to being present at the 6
meetings of the Board of Directors and the 9 meetings of the Internal Control Committee.
On the basis of the control and oversight activities carried out during the year, we find nothing that would prevent approval of the
statutory financial statements for the year ended 31 December 2011 or the motions put forward by the Board of Directors.
Turin, 28 February 2012
The Statutory Auditors
Riccardo Perotta /s/ Riccardo Perotta
Giuseppe Camosci /s/ Giuseppe Camosci
Piero Locatelli /s/ Piero Locatelli