Independent Auditors

Audits are performed in accordance with the law by a firm registered with CONSOB.

Independent auditors are required to verify the following:

> the accounts are duly kept and the management’s choices are correctly reflected in the accounts;

> the financial statement and the consolidated balance sheet correspond with the results of the accounts and the controls that are carried out;

> there is conformity between these documents and the regulations which govern them.

Following the appointment expiration, the Annual Shareholders’ Meeting of 24 May 2022, voted - on proposal of the Supervisory Body - to appoint Deloitte & Touche S.p.A. to serve as the company's independent auditors for a period of nine years, starting from 2022.