HERA : Independence requisites pertaining to directors and auditors verified and internal Committees appointed

In a meeting held today, Hera S.p.A.'s Board of Directors assessed the independence of its own members, appointed by the Shareholders Meeting convened for 27 April 2017.

Based on statements provided by the Directors and the information available to the Company, all directors, with the exception of the Chairman and the CEO, proved to possess the independence requisites specified by principle 3.C.1 of the Code of Conduct and by article 148 paragraph 3 of Legislative Decree 58/1998.

Furthermore note that the Board of Statutory Auditors, in compliance with Art. 8.C.1 of the Code of Conduct, has verified that all its members possess the independence requisites and has communicated the results of these verifications to the Board of Directors.

The members of the Internal Committees were moreover appointed.

For the 'Executive Committee', Tomaso Tommasi di Vignano, acting as Chairman, Giovanni Basile, acting as Vice Chairman, Stefano Venier and Federica Seganti were appointed; for the 'Remuneration Committee', Giovanni Basile, acting as Chairman, Francesca Fiore, Massimo Giusti and Stefano Manara were appointed; for the 'Control and Risk Committee' (which also corresponds to the Committee for Operations with Related Parties), Giovanni Basile, acting as President, Erwin Paul Walter Rauhe, Duccio Regoli and Sara Lorenzon were appointed.