presentation about Corporate governance practise in Luxottica

1. Corporate Governance Practice in Luxottica
Corporate Governance & Investors Relations
Prepared by:
Suman BHATTARAI
Daniele PACIELLO
Alessandro PIGNI
Clément CHARLOT

2. CG System in Luxottica
- The Luxottica governance system is based on a traditional management and control system.
- Italian company, italian style of CG model
- 14 members in Board of Directors, 5 members for the Board of Statutory Auditors, plus Control and Risk & Human
Resources Committee

3. CG System in Luxottica
Board of Directors : direct & manage the company
Board of Statutory Auditors : supervision
Elected back in April 2015

4. Law Regulation:
- Company by-laws, amended on April 2016 (art. 12,19,30).
- Code of Ethics, amended on January 2016.
Procedure:
-Internal Dealing, updated on July 2015.
- Inside Information, updated on July 2015.
- Transaction with related parties.
CG Regulation in Luxottica

5. Key objective of CG in Luxottica
· defined, acknowledged and shared values, which are set out in the Code of Ethics;
· the central role of the Board of Directors;
· the effectiveness and transparency of management decisions;
· the adoption of an adequate internal control system;
· the adoption of proper and transparent rules regarding transactions carried out by related parties and the
processing of confidential information;
· a proactive risk management system.

6. Code of best practice for listed company
Italian Consolidated Financial Act
and
The Code of Conduct issued by Borsa Italiana.

7. How Luxottica reports about CG
On the official website, Luxottica publishes every year an annual report about CG

8. Each report is divided in 3 sections, where we can find information about:
Ownership
structure
Implementation
of Code of
Conduct
Most relevant
CG events in
the fiscal year

9. Thank you