{"id":1201,"date":"2025-06-30T11:45:48","date_gmt":"2025-06-30T11:45:48","guid":{"rendered":"https:\/\/cimolai.gruppoyec.it\/?page_id=1201"},"modified":"2026-05-13T14:07:25","modified_gmt":"2026-05-13T14:07:25","slug":"governance","status":"publish","type":"page","link":"https:\/\/sviluppo.cimolai.com\/en\/company\/governance\/","title":{"rendered":"Governance"},"content":{"rendered":"
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Governance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tEthics and integrity, beyond mere compliance with the law, are a constant commitment that guides us in our activities.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\tEthics and integrity, beyond mere compliance with the law, are a constant commitment that guides us in our activities.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Responsibility and integrity<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Cimolai is committed to contributing, with a sense of responsibility and moral integrity, to the development of the Italian economy and the civil progress of the country.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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We believe in the value of work and consider legality, fairness and transparency to be fundamental prerequisites for achieving our economic, production and social goals.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\tCorporate Governance<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Governance system<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The corporate governance model defines the roles and responsibilities of the corporate bodies, ensuring the balanced operation of the company and an effective internal control system.\n\nThe governance system of Cimolai S.p.A. is geared towards maximizing value, controlling risks, maintaining and developing relationships of trust with its stakeholders, as well as protecting and safeguarding the environment and the local area for sustainable and inclusive development.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Il diagramma rappresenta un sistema di governance in cui il Board of Directors<\/strong> guida l\u2019azienda e coordina gli organi di controllo e gestione. Il Board of Statutory Auditors<\/strong> e la Societ\u00e0 di Revisione<\/strong> assicurano la correttezza amministrativa e contabile, mentre l\u2019Supervisory Body<\/strong> monitora l\u2019applicazione del Modello 231. Il Executive Committee<\/strong> supporta l\u2019indirizzo strategico e il Senior Management Team<\/strong> gestisce l\u2019operativit\u00e0 quotidiana. Insieme, questi organi garantiscono trasparenza, controllo e una gestione efficace.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Composition<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Board of Directors<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Pursuant to the Articles of Association, the Company Cimolai S.p.A. is managed by a Board of Directors. The Board is currently composed of 5 members appointed on 28\/04\/2026, who will remain in office until the approval of the 2028 Financial Statements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Board of Statutory Auditors<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Board of Statutory Auditors supervises compliance with the law and the Articles of Association, the correctness of administrative and accounting management, and the effectiveness of the internal control system. The members, appointed by the shareholders, ensure transparency and fairness in the company\u2019s decisions, contributing to good governance and the protection of shareholders\u2019 interests.\nThe Board of Statutory Auditors of Cimolai S.p.A. was appointed by the Shareholders\u2019 Meeting on 28\/04\/2026 and will remain in office until the approval of the 2028 Financial Statements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Internal Audit<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Internal Audit function, outsourced to a specialized consulting firm, carries out independent and objective assessments of the effectiveness of the internal control system, risk management, and compliance with corporate procedures.<\/p>

Internal Audit activities are inspired by the principles of autonomy, professionalism and confidentiality, and contribute to the continuous improvement of internal processes and to strengthening a culture of control and transparency.<\/p>

The appointed company reports its findings directly to the Board of Directors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Executive Committee<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Executive Committee, composed of Board members and the CFO, analyzes and monitors the progress of orders and investments.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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External Auditing Firm<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The statutory audit of the accounts is carried out by Deloitte & Touche S.p.A., an auditing firm registered in the relevant register, to which the Ordinary Shareholders\u2019 Meeting, held on 28\/04\/2026, awarded the engagement for the three-year period 2026-2028, following a selection process.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Supervisory Body<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Within the framework of the ICGRS adopted by Cimolai, a Supervisory Body has been established, composed of three members, two of whom are external, including the Chair, with the task of overseeing the effectiveness and adequacy of Cimolai\u2019s internal mechanisms and controls, as well as the organizational and management model adopted by the Company pursuant to Legislative Decree 231\/2001.<\/p>

For reports and information: odv@cimolai.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Integrity<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Governance<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We believe in the value of work and consider legality, fairness, and transparency as fundamental prerequisites for achieving our economic, productive, and social goals.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Code of Ethics <\/div><\/span>\n\t\t\t\t\t\t\t\n\t\t\t<\/path><\/svg><\/span>\n\t\t\t<\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t
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The Code of Ethics, most recently adopted by Cimolai by resolution of the Board of Directors on 31 May 2024, guides the company\u2019s work through a set of rules of conduct in relations with external stakeholders and rules for organization and management, designed to ensure constant compliance with the rules of conduct and to prevent their violation by any person operating on behalf of the Company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Related documents<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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