SHAREHOLDERS’ MEETING CALLED FOR 15 MAY 2018
The ordinary Meeting of the Shareholders Pirelli & C. S.p.A., Viale Sarca 214, Milan, has been called for 10.30 am on Tuesday 15 May 2018, in sole call.
The Shareholders’ Meeting will be called upon to deliberate with regard to:
- the approval of 2017 results;
- the nomination of a new Board Member given the increase to 15 of the number of members of the Board of Directors;
- the renewal of the board of auditors – which is expiring having completed its mandate – through a voting list establishing the relative compensation;
- the authorization of the stipulation of an insurance Policy covering the managerial risks of Board members and Auditors (c.d. D&O);
In conclusion, the Shareholders’ Meeting will be called upon to express itself through a consultative vote on the Policy with regard to matters of remuneration, as well as to approve, for the part linked to Total Shareholder Return, the adoption of a 3-year incentive plan 2018-2020 (“LTI Plan”, Long Term Incentive) for the company’s management, as already announced to the market on 26 February 2018 and correlated to the targets contained in the 2017-2020 Industrial Plan.
The 2017 annual financial Report, together with the relative reports from the Board of Auditors and the auditing company, the Consolidated Non-Financial Disclosure pursuant to Legislative Decree of December 30, 2016, n. 254 (Chapter “Report on Responsible Management of the Value Chain”) accompanied by its respective Report by the Auditing Company, will be available to the public from today at the Company headquarters – in Milan at Viale Piero e Alberto Pirelli 25 – at Borsa Italiana S.p.A., as well as being published on the Company website www.pirelli.com is a special section dedicated to the Shareholders’ Meeting and on the authorized storage mechanism eMarket Storage (emarketstorage.com).
On the same date and with the same modalities the public will also have access to the minutes of the Board of Directors with regarding to the remaining points to order of the day with the relative deliberative proposals as well as the Information Document relative to the LTI Plan.