LensCrafters 2010 Annual Report Download - page 113

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REPORT ON
CORPORATE
GOVERNANCE
AND OWNERSHIP
STRUCTURE
3. OTHER PROVISIONS OF THE CODE OF CONDUCT
YES NO
Summary of the grounds for
possible divergence from the Code’s
recommendations
Granting of authorities and transactions with related parties
The Board of Directors granted authorities defining their:
a) limits YES
b) conditions of exercise YES
c) and frequency of reporting? YES
Did the Board of Directors reserve the right to review and approve the transactions
involving a significant economic, asset or financial relevance (including transactions with
related parties)?
YES
Did the Board of Directors define guidelines and criteria for the identification of
“significant transactions”?
YES
Are the above–mentioned guidelines and criteria described in the Report? YES
Did the Board of Directors define specific procedures for the review and approval of the
transactions with related parties?
YES
Are the procedures for the approval of transactions with related parties described in the
report?
YES
Procedures of the most recent appointment of directors and auditors
Were the candidacies for the office of director submitted at least ten days in advance? YES
Were the candidacies for the office of director accompanied by extensive information? YES
Were the candidacies for the office of director accompanied by an indication of the
compliance with the requirement of independence?
YES
Were the candidacies for the office of auditor submitted at least ten days in advance? YES
Were the candidacies for the office of auditor accompanied by extensive information? YES
Meetings
Did the Company approve Rules and Procedures for the Shareholders’ Meeting? YES
Are the Rules and Procedures annexed to the Report or is there an indication as to
where they may be found/downloaded?
YES They may be found and downloaded on
the website www.luxottica.com
Internal control
Did the Company appoint internal control officers? YES
Are the officers independent from managers of operational areas? YES
Organization department responsible for internal control Internal Auditing
Investor relations
Did the Company appoint an investor relations manager? YES
Organization department and contact details
(address/telephone/fax/e–mail) of the investor relations manager
Investor Relations Director
Alessandra Senici
Via C. Cantù 2, Milano
Fax: [phone]
Tel: [phone]
[email protected]