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Policy of accumulating appointments The maximum number of appointments that Directors can have in other companies.

Policy maximum number of offices

In accordance to the recommendations of the Corporate Governance Code for listed companies, on September 10, 2015, the Board of Directors adopted specific guidelines regarding the maximum number of offices that its members may hold within the management and control bodies of other companies listed on regulated markets (including foreign markets), of financial, banking, insurance companies or, in any case, large companies.

Ethical Code