In 2022 the Board of Statutory Auditors met 19 times, duly recording the respective minutes; moreover, the Board of Statutory Auditors had meetings with the Control, Risks and Sustainability Committee and the heads of the different corporate functions – including Internal Audit – with a focus on assessing the adequacy of the internal control and risk management system, and with the external auditors to share information. The Board of Statutory Auditors also met the members of the Supervisory and Oversight Body, of the Boards of Statutory Auditors of the Mondadori Group subsidiaries and the independent auditors in order to exchange information and regulatory updates.

Board of Statutory Auditors

OfficeMembersTermList*Independence as per CodeAttendance at meetings of Board of Statutory AuditorsNumber of other positions held**
ChairmanSara Fornasierofrom 27/04/2021
to 31/12/2023
Standing auditorFlavia Daunia Minutillofrom 27/04/2021
to 31/12/2023
Standing auditorEzio Simonellifrom 27/04/2021
to 31/12/2023
 M X18/1922

Quorum needed to present a slate of candidates at the last appointment: 2.5%
The Company’s applicable minimum ownership stake for shareholders to submit a slate of candidates was determined by Consob Determination no. 44 of 29 January 2021: 2.5%
Number of meetings that took place during the fiscal year: 19

* M= member appointed from the list voted by majority; m= member appointed from the list voted by a minority;
** this column reports the number of positions held by the person concerned as director or statutory auditor pursuant to article 148 bis TUF. The complete list of these positions is published on Consob’s website, in accordance with article 144-quinquiesdecies of the Consob Issuers Regulation. In the Corporate governance report, only the positions held in other listed companies are described in more detail.