AMCO’s Governance

As a result of the amendments to the Articles of Association approved by the Extraordinary Shareholders’ Meeting of 30 December 2024, AMCO adopts the one-tier administration and control model.

The one-tier system provides for the presence of a Management Control Committee composed of three independent members set up within the Board of Directors, which currently consists of 9 members.

Compared to other management and control models, the one-tier model turns out to be the governance system that allows – on the one hand – greater management efficiency, as the administration and control functions are concentrated in the same corporate body, thus facilitating integrated and rapid information flows, and – on the other hand – more effective controls, because the Board of Directors’ activities benefit from evaluations and controls carried out also ex ante by the Board Management Control Committee within the Board itself, that is composed of independent directors.