Fondiaria-Sai S.p.A. - Periodic verification of independence of Directors

The Board of Directors of FONDIARIA-SAI S.p.A., meeting today to complete the matters on the agenda of the February 23 meeting, carried out the periodic verification of the independence of the board members, noting changes to that previously announced to the market. In particular, the Director Maurizio Comoli is no longer considered as independent in accordance with the Self-Governance Code of listed companies, in the meantime becoming a nonindependent Director of Banco Popolare (in accordance with the Self-Governance Code), having joined the Executive Committee of Banco Popolare and in consideration of the frequency of the meetings held by the Committee.
The following six out of eighteen Directors (seventeen of which non-executive) are therefore considered independent, in accordance with the Self-Governance Code for listed companies: Andrea Broggini, Roberto Cappelli, Valentina Marocco, Enzo Mei, Salvatore Militello and Cosimo Rucellai. In accordance with Legs. Decree No. 58/98 the Directors Maurizio Comoli and Ranieri de Marchis also qualify as independent.

Please read pdf document.