Responsibilities and resolutions by Terna’s Shareholders’ Meetings.
The Shareholders’ Meeting is the body that expresses the intentions of its members. With the powers defined by the law and by the Bylaws, the Shareholders’ Meeting resolves on the appointment and removal of the members of the Board of Directors and of the Board of Statutory Auditors and concerning their remuneration and responsibilities; it resolves on the approval of the financial statements and the allocation of profits; on the acquisition and disposal of the company’s shares; on the amendments to the Bylaws and on the issuance of convertible bonds.
Pursuant to article 2364, paragraph 1, no. 5 of the Civil Code, the Meeting also resolves on actions by Directors in compliance with existing law provisions, where this is established by the provisions adopted by the Board of Directors regarding Related Party Transactions that did not receive a favorable opinion by the independent body; it also resolves on urgent transactions submitted by Directors to the Meeting’s consultative vote or linked to company crisis situations.
Here below, notices of call of Terna’s Shareholder’s Meetings are included, as well as the reports by the Board of Directors on the various subjects under discussion, the summaries of resolutions adopted by the Meetings and the relative minutes:
Regulations for Shareholders’ Meetings
These regulations govern the orderly and proper holding of Terna S.p.A.’s Shareholder’s Meetings.
As established in the Governance Code of Borsa Italiana, these regulations guarantee compliance with the fundamental right of each member to request clarifications on the various subjects under discussion, to express his own opinion and submit proposals.
Terna S.p.A’s Shareholder’s Meeting Regulations can be downloaded in Pdf format.
Regulations for Shareholders’ Meetings
