Credito Artigiano: The Meeting approved the financial statements as at 31 December 2006
Dividend of € 0.1635 per share
New Board of Directors and Board
and Board Auditors appointed
Angelo Palma confirmed as Chairman
and Giovanni De Censi as Deputy Chairman
and other Governance Committees appointed
Milan, 5 April 2007 - Today's meeting of the shareholders of Credito Artigiano approved the financial statements as at 31 December 2006 and the associated proposal for the appropriation of net profit for the year, which calls for the distribution of a dividend of € 0.1635 per share, to be paid on 19 April (with ex-dividend date of 16 April 2007).
The meeting also appointed company officers for the three-year period 2007-2009, setting the size of the Board of Directors at eleven members and appointing the following as directors: Vito Branca, Luciano Filippo Camagni, Giovanni Colombo, Giovanni De Censi, Carlo Feltrinelli, Antonio Magnocavallo, Angelo Palma, Michele Ratti, as well as Aldo Fumagalli Romario, Alberto Giussani and Alberto Sciumè as independent directors, as required by article 148, subsection three, of Italian Legislative Decree No. 58 of 24 February 1998.
IThe following were appointed to the Board of Statutory Auditors for 2007-2009: Gabriele Villa - elected by the minority list - as Chairman of the Board of Statutory Auditors, as required by article 148, subsection 2-bis, of the Finance Consolidation Act; Giuseppe Degrassi and Paolo Francesco Lazzati, as Statutory Auditors; Roberto Campidori and Francesco Puccio - also elected by the minority list - as Substitute Auditors.
The Board of Directors, which met after the shareholders' meeting, confirmed Angelo Palma as Chairman and Giovanni De Censi as Deputy Chairman.
The Board of Directors also appointed the members of the Executive Committee for 2007. In addition to the Chairman and Deputy Chairman, who are rightful members under the company's articles of association, Giovanni Colombo and Antonio Magnocavallo will also serve on the Executive Committee. The criteria of the new Code of Self-Discipline for Listed Companies published in March 2006 state that if an Executive Director is not appointed, said members of the Executive Committee shall be considered as "Executive" Directors, on a level with Luciano Filippo Camagni, who holds the position of General Manager of the company. età.
The Board of Directors then assessed whether according to the Code of Self-Discipline of Listed Companies the independence requirements had been met by the non-executive director Vito Branca, in addition to the aforementioned Aldo Fumagalli Romario, Alberto Giussani, and Alberto Sciumè.
Lastly, the new members of the Governance Committee, established as required by the Code of Self-Discipline, were appointed for the three-year period 2007-2009:
|Nominativo||Comitato esecutivo||Esecutivi||Indipendenti||Comitato nomine||Comitato remunerazioni||Comitato per il controllo interno|
|De Censi Giovanni||X||X||No|
|Camagni Luciano Filippo||X||No|
|Fumagalli Romario Aldo||Sì||X|