REPRESENTATION OF NON-CONTROLLING SHAREHOLDERS ON BOARD OF DIRECTORS
It should be noted that “minority” refers to Directors taken from the slate presented by a group of shareholders consisting of asset management companies and other institutional investors (holding, as at 9 May 2023, a total of 30,264,515 shares and comprising 1.50570% of Terna’s share capital). At the Annual General Meeting held on 9 May 2023, this slate received the largest number of votes, amounting to 53.641545% of the share capital.
* The data refers to the existing situation at 31 December 2024.
** The data is taken from “The Fin-Gov Report on Corporate Governance in Italy” (Fourth Edition, November 2024) by Massimo Belcredi and Stefano Bozzi.