Activities and tasks of the company in charge of Terna’s auditing.
Auditing activity is assigned to a specialized company registered in CONSOB’s roll, specifically appointed by the Shareholders’ Meeting upon the Board of Statutory Auditors’ proposal.
In compliance with the resolution passed by the Shareholders’ Meeting of May 13, 2011 upon the Board of Statutory Auditors’ proposal, PricewaterhouseCoopers SpA was appointed as auditing company for the Financial Statement and Consolidated Financial Statements for the years 2011 to 2019.
In drafting the proposal for the assignment, the Board of Statutory Auditors verified in advance the independence requirements of the appointed company with regard to Terna and the Group.
The executive in charge of auditing for PricewaterhouseCoopers SpA is Mr. Paolo Caccini.
The company appointed for Terna’s auditing and consolidated financial statements also holds the same appointment for its principal subsidiaries.
The following tables include the amounts paid in 2010 for auditing services and for other services performed by the previous auditing company KPMG SpA for Terna SpA and the Terna Group, as specified in the Company’s 2010 Annual Report.
