Page 74 - Ratti Group - Sustainability report
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 CH. 6 | GOVERNANCE AND PROCEDURES
Governance, procedures and certification
The ethical principles and general rules which characterise the organisation and activities of the Group are set out in its Code of Ethics, which has been approved and adopted by the B.o.D. of the Parent company and implemented through an appropriate resolution from the man- agement and control bodies, in accordance with the applicable legislation for each subsidiary.
6.1 R for Ratti, R for Responsibility
The governance structure
Each company in the Ratti Group has its own governance structure. The governance structure of Ratti S.p.A. consists of all the bodies whose purpose is to guarantee management which is transparent, clear and legally compliant. In particular, Ratti S.p.A. is organised according to the traditional model of administration and control, in compliance with Article 2380-bis et seq. of the Italian Civil Code: Shareholders’ Meeting, Board of Directors and Board of Statutory Au- ditors. The company also has a Supervisory Body. The reporting activities are audited by an independent third-party company, currently EY S.p.A.
 SHAREHOLDERS’ MEETING
      HEAD OF INTERNAL AUDIT
BOARD
OF DIRECTORS
BOARD OF STATUTORY AUDITORS
   72
REMUNERATION COMMITTEE
 RISKS CONTROL COMMITTEE
   MANAGER RESPONSIBLE FOR
FINANCIAL REPORTING
Ratti S.p.A. is a limited company that has been listed since 1989 on the screen-based market system (Mercato Telematico Azionario, MTA) organised and managed by the Italian stock exchange (Borsa Italiana). It adheres voluntarily to the Code of Conduct of Borsa Italiana, which consists of the sum total of all the rules and procedures aimed at guaranteeing a gov- ernance system which is consistent with that of the most financially evolved countries in the world. With regard to the other Group companies:
  Ratti International Trading (Shanghai) Co. has Donatella Ratti as sole director, who exer- cises all management powers. The sole director’s mandate does not have a pre-defined expiry date;
  Textrom S.r.l. has Donatella Ratti as sole director, who exercises all management powers. The sole director’s mandate does not have a pre-defined expiry date;
  Creomoda S.a.r.l. has the following directors: Thierry Cusinato and Ali Ghedamsi, who exercise all management powers. The directors’ mandate does not have a pre-defined expiry date;
  The governance structure of Ratti USA Inc. consists of: Sergio Tamborini (Director), Mi-
SUPERVISORY BODY
AUDITING COMPANY
 











































































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