PIRELLI: SHAREHOLDERS MEETING CALLED FOR 31 JULY 2023
Milan, 21 June 2023 – Pirelli & C. S.p.A. today called – in ordinary session – the company’s Shareholders Meeting in Milan at Via Agnello 18 at Studio Notarile Marchetti at 10:30 on Monday 31 July 2023 in sole call for the renewal of the Board of Directors of Pirelli and related deliberations, in light of the postponement that will be proposed to the shareholders meeting of 29 June 2023 regarding these items.
The Shareholders Meeting, in the event that the above proposed postponement is approved, will be called upon to deliberate regarding the:
- renewal of the Board of Directors which is expiring, its mandate having concluded, determining the number of components of the administrative body, seeing to the nomination of the Board (through the list voting mechanism) and of the Chairman and establishing the relative compensation;
- approval of remuneration policy for 2023 as well as an advisory vote on the compensations paid for 2022;
- approval, for the part linked to Total Shareholder Return, of the adoption of the long-term monetary incentive plan for the 3-year period 2023-2025 (LTI 23-25) for Group management in general and correlated to the targets of the Strategic Plan 2021-2022|2025;
- renewal of the authorization for the stipulation of an insurance Policy to cover management risks for Directors and Auditors (cd. D&O).
Together with the announcement of the call, the Company has also published the proposed deliberations and documentation relative to the order of the day at the Company headquarters in Milan at Viale Piero e Alberto Pirelli 25, Borsa Italiana S.p.A, via the eMarket Storage authorized storage mechanism (emarketstorage.com) and the Company website www.pirelli.com.
How the Shareholders Meeting will be conducted
The Company has made use of the option to have those entitled to vote at the Shareholders’ Meeting do so exclusively through the Appointed Representative, without the physical participation of the entitled persons. For further information regarding the Shareholders’ Meeting please refer to the notice of call and to what is indicated in the Company’s website in the section dedicated to the event.