Organizational Model as per Decree Law n.231 of 2001
Tinexta S.p.A. has a set of rules, processes and procedures aimed at preventing crimes through the adoption of an appropriate organizational management and control system.
In particular, the Company has adopted an "Organization, Management and Control Model" envisaged by Art. 6 of Legislative Decree no. 231/2001, constantly updated in relation to the regulatory and organizational changes in the Company.
It should also be noted that, with the Board of Directors' resolution of 1 March 2013, the Company adopted an organizational model aimed at ensuring fairness and transparency in the conduct of corporate activities, in order to safeguard its position and image and the companies of the Group (including the foreign subsidiaries of the Tinexta Group) of the expectations of its Shareholders and of the work of its employees and modulated on the specific requirements laid down by Legislative Decree 231/2001. This organizational model is divided into two sections called respectively "General Provisions" and "Provisions relating to sensitive processes". With reference to the "General Provisions" of the Tinexta organizational model, it should be noted that in addition to qualifying the scope and contents of Legislative Decree 231/2001 in the corporate area, this section describes: (i) the objectives and methods of verification and update of the model; (ii) the organization and functioning of the supervisory body; (iii) the communication and training processes activated by the Company; (iv) identification of activities at risk of committing offenses; (v) identification of sensitive processes related to areas at risk (vi) protocols for the formation and implementation of decisions; (vii) methods for managing financial resources; (viii) information flows to the Supervisory Body.
Supervisory Body ("SB")
In compliance with the provisions of Art. 6, paragraph 1, letter b) of Legislative Decree 231/2001, a specific corporate body has been set up (the “Supervisory Body”) with the task of continuously monitoring the effective functioning and compliance with the Company's Model 231, as well as updating it, proposing to the Board of Directors amendments and/or additions in all cases in which, pursuant to the Decree, this becomes necessary.
The Supervisory Body currently in office was appointed by resolution of the Board of Directors on 24 April 2018 and is made up of three experts chosen by the Board of Directors of the Company from internal and external subjects with adequate preparation and professionalism, in the persons of Alberto Sodini, Ugo Lecis and Laura Benedetto in possession of autonomous powers of initiative and control as provided for by Art. 6 of Legislative Decree 231/2001.