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CHAPTER 6 | GOVERNANCE AND MONITORING OF CORPORATE ETHICS AND RISK

The Ratti Group has adopted a governance structure

and specific support tools to guarantee the ethical and transparent
governance of its activities.

6.1 administration and control which requires a
The governance structure Shareholders’ Meeting, a Board of Directors and
a Board of Statutory Auditors. The company has
of the Group a Supervisory Body and includes the Internal
Auditing Function.
The Ratti Group has adopted a governance The reporting activities are audited by an
structure and specific support tools to guarantee independent third-party company.
the ethical and transparent governance of its
activities. Ratti SpA carries out strategy, coordination
and control activities in accordance with Article
The Group has a Code of Ethics, which was 2497 of the Italian Civil Code; for that reason
updated in 2018, an Ethics Committee and a all the Company’s operations of particular
Suppliers’ Code. The specific Organisation, strategic and financial significance are subject
Management and Control Model (MOG 231) for to the collective examination and the exclusive
Ratti SpA was updated in 2018 with the policy approval of the Company’s Board of Directors.
relating to Whistleblowing, which protects
employees who report offences or irregularities The members of the Board of Directors of Ratti
in the working environment. The Suppliers’ Code SpA, 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
THE SPECIFIC MOG 231 FOR RATTI SPA governance decisions.
WAS UPDATED IN 2018 WITH THE POLICY In particular:
RELATING TO WHISTLEBLOWING,
WHICH PROTECTS EMPLOYEES WHO l Ratti International Trading (Shanghai) Co.
REPORT OFFENCES OR IRREGULARITIES Ltd has Alice Canella as sole director, who
IN THE WORKING ENVIRONMENT. exercises all powers of administration. The

represents an expression of the principles of
probity, honesty and transparency, in compliance
with the standards in force at national and
international level, with regard to working
conditions, environmental protection, business
management, intellectual property and privacy.

The Parent company Ratti SpA is a limited
company which has been listed since 1989
on Mercato Euronext Milan. It has a system of
corporate governance which complies with the
Code of Corporate Governance and is organised
in accordance with the traditional model of

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