Governance

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Compensation Committee was appointed by the Board of Directors on August 8, 2018 (effective November 9, 2018), in compliance with the provisions of Articles 5 and 6 of the Corporate Governance Code of the Committee for the Corporate Governance of Listed Companies promoted by Borsa Italiana S.p.A. (July 2018 edition) (the "Corporate Governance Code").

AUDIT RISK AND SUSTAINABILITY COMMITTEE

The Risk Control and Sustainability Committee was appointed by the Board of Directors of GHC S.p.A.on August 8, 2018 (effective November 9, 2018), pursuant to Article 7 of the Corporate Governance Code for Listed Companies promoted by Borsa Italiana S.p.A. (July 2018 edition), also with functions as the committee responsible for related party transactions and, as of September 26, 2019, with functions in the area of sustainability.

Il Comitato Controllo Rischi e Sostenibilità ha il compito di supportare, con funzioni consultive e propositive e con un’adeguata attività istruttoria, le valutazioni e le decisioni del Consiglio di Amministrazione relative al sistema di controllo interno e di gestione dei rischi, nonché quelle relative all’approvazione delle relazioni finanziarie periodiche.

The Audit, Risk and Sustainability Committee has the task of supporting, with advisory and proposing functions and with adequate preliminary activity, the Board of Directors' evaluations and decisions related to the system of internal control and risk management, as well as those related to the approval of periodic financial reports.

Finally, in its capacity as the sustainability committee, it performs investigative, propositional and advisory functions to the Board of Directors regarding sustainability of corporate policies.