The Management Board has exclusive responsibility for the management of the business to the extent of the responsibilities and assignments allocated by the SB.
To this purpose the Management Board performs all the operations necessary, useful or in any case opportune for achieving the corporate object, both of an ordinary and extraordinary nature.
The Management Board reports in writing to the Supervisory Board on operations in general and the transactions of the greatest importance, for their size or features, carried out by the Company or its subsidiaries.