Governance System

Valvitalia’s Governance system is based on the traditional model, which involves the Shareholders’ General Meeting, the Board of Directors and the Board of Auditors.

The Board of Directors has established the Control Committee and the Nomination and Remuneration Committee, made up of its members, and appointed a Supervisory Body that oversees the operation, observance and updating of “Model 231” and the implementation, within the Company, of the provisions of Legislative Decree 231/2001.

The independent audit of the accounts is assigned to an audit company. 

Valvitalia, as laid down by the Group’s Code of Ethics, adopts criteria of propriety, transparency and legality, consistent with the legal provisions and in line with the international best practices in the field.