Other directors

The Board of Directors considers that the Chairman of the Board of Directors, Marco Tronchetti Provera, and the Deputy Chairman Alberto Pirelli, are executive directors, the latter by reason of his operative posts in the subsidiary Pirelli Tyre.

In accordance with the recommendations of the Self- Regulatory Code35 and with what is now consolidated practice in the company, in order to increase all Directors’ knowledge of the reality and dynamics of the company, several working lunches were organised during the year to examine specific business and corporate governance issues in greater detail.

The Company has a plan for orientation of any new Directors who may be elected in the upcoming renewal of the Board of Directors through distribution of material and meetings with members of Senior Management in order to become familiar with the Group and with its corporate governance tools, organisational structure, executive compensation, plans for industrial growth, control system and financial reporting.

The Company has also planned in-depth study during the course of their mandate through working lunches and visits to productive units.

35 Self-Regulatory Code: Criterion of application 2.C.2.