The latest shareholder meeting was held on 30 April 2010 in Turin to approve the 2009 annual report.

Shareholders’ meetings are called by publishing a notice giving all details plus the meeting agenda in the Gazzetta Ufficiale or in the daily newspaper ‘la Repubblica’. Shareholders who, even jointly represent at least 2% of the share capital can request an inclusion of an item on the agenda which will be publicly released 10 days before the meeting.

The annual general meeting is held once a year within 120 days of the close of the financial year. Extraordinary shareholder meetings can be convened according to law and when the board deems it to be appropriate.