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Ratti Group | Sustainability Report 2022

Ratti SpA BC has been listed

on the stock market (Mercato Euronext

Milano) as an SpA (joint-stock company)

since 1989. It has a system of corporate

governance which complies with

the Code of Corporate Governance

7.1 (DNF), the mandate of the auditing company is

The governance structure implemented on the basis of the principle ISAE
of the Group 3000 (Revised) – Assurance Engagements Other
than Audits of Reviews of Historical Financial
Information. This requires procedures to be
planned and followed with the aim of acquiring
Ratti SpA BC has been listed on the stock market
(Mercato Euronext Milano) as an SpA (joint- a level of limited certainty that the DNF does
stock company) since 1989. It has a system of not contain any significant errors. In particular, to
corporate governance which complies with the ensure this is the case interviews and discussions
Code of Corporate Governance and is organised are held with the company’s management and,
in accordance with the traditional model of where considered necessary, with other bodies
administration and control which requires a of the Group. In addition, document checks are
Shareholders’ Meeting, a Board of Directors (BoD) carried out in order to gather information about
and a Board of Statutory Auditors. processes and procedures which facilitate
The company has a Supervisory Body and includes the gathering, aggregation, elaboration and
the Internal Auditing function. transmission of data and information of a non-
financial nature.
The reporting activities are audited by an
independent third-party company. With specific Ratti SpA BC carries out strategy, coordination
reference to the non-financial declaration and control activities in accordance with Article
2359 of the Italian Civil Code; for that reason
all the operations of particular strategic and
financial significance of Ratti SpA BC (and the
entire Group) are subject to the collective
examination and the exclusive approval of the
Company’s BoD.

The members of the BoD of Ratti SpA BC, as well
as some executives who cover strategic roles, are
involved in the administration of other companies
in the Group, ensuring the appropriate participation
of the associates in governance decisions. In
particular:

- Ratti International Trading (Shanghai) Co.
Ltd has Thierry Cusinato as sole Director, who
exercises all powers of administration. The sole
Director’s mandate does not have a pre-defined
expiry date;
- Textrom Srl has Donatella Ratti as sole

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