Board work 2021

Main activities of the Board

The Board every year:

examines and approves the Snam Group's Plan, the budget of the company and of the group, the annual report, the half-year report and interim reports of Snam, the sustainability report, the report on compensation policy and paid remuneration, the report on corporate governance and ownership structure and the document "Climat Change Report"
assesses the organisational, administrative and accounting structure of Snam and its Subsidiaries
resolves upon the transactions of the company and its Subsidiaries, in the context of exercising management and coordination activities that are of significant strategic, economic, capital or financial importance for the company and the group
evaluates the adequacy and effectiveness of the internal control and risk management system in relation to the characteristics and risk profile

Meetings and attendance in 2021

* Assonime – Corporate Governance in Italy: the implementation of the Italian Corporate Governance Code (year 2021), Notes and Studies 4/22.

*Assonime – Corporate Governance in Italy: the implementation of the Italian Corporate Governance Code (year 2021), Notes and Studies 4/22.

NOTES

The symbols indicated below must be inserted in the “Post” column:

• This symbol indicates the Director in charge of the internal control and risk management system.
◊ This symbol indicates the head of the Management of the issuer (Chief Executive Officer or CEO).
* Date of first appointment of each director means the date on which the director was appointed for the first time (in absolute terms) to Snam's BoD.
** This column shows the list from which each Directors was drawn (M: majority list; m: minority list).
*** This column shows the number of offices held pursuant to Paragraph 2.4, Section III, of Report on Corpoate Governance.
(§) This column shows the attendance of directors at board meetings.
(1) Director appointed by the Ordinary Shareholders’ Meeting on 18 June 2020 on the proposal of the shareholder CDP Reti S.p.A., to replace Luca Dal Fabbro, who had previously resigned with effect from the date of the Shareholders’ Meeting.

NOTES

(*) This column shows the attendance of directors respectively at meetings of the Board of Directors and of the Committees
(**) This column indicates the status of the director within the Committee: “C”: Chair; “M”: member.

Read the online version of Snam’s 2021 annual report