During the course of today's meeting UniCredit's Board of Directors established that the permanent (Mr. Guido Paolucci and Ms. Antonella Bientinesi) and the stand-in (Ms. Raffaella Pagani and Ms. Myriam Amato) Statutory Auditors appointed by the Shareholders' Meeting held on December 4, 2017, are in possession of the integrity, experience and independence requirements provided for by law, according to the current statutory and regulatory provisions.
As far as concerning the independence requirements, the Board established the possession of such requirements on the basis of the declarations made by the persons concerned and of the information available to the Company regarding, if any, the relationships (credit-wise, commercial/professional and employee/employer, relevant posts held) entertained with the Group by said persons and by other persons referable to them. The Board of Directors informs that no relationships emerged such as to affect the independence of the permanent Statutory Auditors and that no relationships were detected with reference to the stand-in Statutory Auditors.
Regarding the above all the Statutory Auditors appointed proved to be independent according to the provisions of sec. 148 of the Legislative Decree no. 58/1998 (TUF) and of Sections 3 and 8 of the Corporate Governance Code; the same check was carried out by the Statutory Auditors Board and gave an identical result, as communicated to the Board of Directors.
Furthermore, the Board of Directors verified with reference to the permanent Statutory Auditors Mr. Paolucci and Ms. Bientinesi the inexistence of any situations falling within the scope of Sec. 36 of the L.D. no. 201/2011 ("no-interlocking").
Milan, January 9, 2018
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