REPRESENTATION OF NON-CONTROLLING SHAREHOLDERS ON BOARD OF DIRECTORS
* The data refers to the existing situation at 31 December 2023.
** The data are taken from the “Fin-Gov Report on Corporate Governance in Italy” (Third Edition, October 2023) by Massimo Belcredi and Stefano Bozzi.
It should be noted that “minority” refers to Directors taken from the slate presented by a group of shareholders consisting of asset management companies and other institutional investors (holding a total of 30,264,515 shares and comprising 1.50570% of Terna’s share capital). At the Annual General Meeting held on 9 May 2023, this slate received the largest number of votes, amounting to 53.641545% of the share capital.