Tiscali 2013 Annual Report Download - page 34

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Annual financial report as at 31 December 2013
Date
File Name
Status
Page
-
Annual Report as at 31
December 2013
34
Alternate Auditors Rita Casu
Giuseppe Biondo
The Board of Statutory Auditors was appointed on 15 May 2012 by the shareholders’ meeting called
for the approval of the financial statements as of 31 December 2011, and will fall from office with the
approval of the financial statements as of 31 December 2014.
Executive in charge of drawing up the Company’s accounting documents
As envisaged by Article 14 of the Articles of Association and in pursuance of the provisions of Italian
Law No. 262/2005, on 15 May 2012 the Board of Directors took steps to appoint the Director Pasquale
Lionetti, Company Director, as executive in charge of drawing up the Company’s accounting
documents, an individual who possesses the necessary requisites and proven experience regarding
accounting and financial matters. The office of Mr. Lionetti will expire with the renewal of the Board of
Directors following approval of the 2014 annual financial statements.
Independent Auditing Firm
The accounts auditing appointment was granted to Reconta Ernst & Young S.p.A. by the
shareholders’ meeting held on 29 May 2008. This appointment will expire with the approval of the
2016 annual financial statements by the shareholders’ meeting.
Committees
During the Board Meeting held on 15 May 2012, following the appointment of the new Board of
Directors, the following internal Committees were established, which replace the previous Internal
Audit Committee and Remuneration Committee:
Audit and Risk Committee, comprising Franco Grimaldi (Chairman), Victor Uckmar and Luca
Scano. Following the resignation of Prof. Uckmar in August 2012, he was replaced by the
independent director Assunta Brizio.
Appointments and Remuneration Committee, comprising Franco Grimaldi (Chairman), Victor
Uckmar and Gabriele Racugno. Following the resignation of Prof. Uckmar in August 2012, he
was replaced by the independent director Assunta Brizio.
Obviously, these Committees will expire together with the Board of Directors at the time of approval of
the financial statements as of 31 December 2014.
Supervisory Body
During the board meeting held on 15 May 2012, the new Supervisory Body of the Company was
appointed, comprising Maurizio Piras (lawyer), external member acting as Chairman, Carlo Mannoni,
head of the Company’s regulatory affairs division, and Paolo Sottili, head of the Company’s HR
division. The Supervisory Body will remain in office until approval of the financial statements as of 31
December 2014 and carries out supervisory functions also for the subsidiaries Tiscali Italia SpA and
Veesible Srl.
Lead Independent Director