(*) On October 24, 2019, the Prelios SGR S.p.A. Board of Directors assigned management and related powers to director Sergio Cavallino, including legal representation of the company.
Within its Board of Directors, the SGR has also formed two advisory committees whose purpose is to increase the efficiency and effectiveness of the Board by improving its control and steering activities:
- Risk & Internal Control Committee, supports the Board of Directors in activities to provide the SGR and the Funds it manages with an effective and efficient internal control and risk management system, and also monitors transactions with a conflict of interest and/or with related parties so as to ensure the transparency and substantial and procedural correctness of said transactions.
- Remuneration & Appointments Committee, supports the Board of Directors with regard to remuneration and appointment of top managers. The Committee also performs the duties envisaged (i) by Directive 2011/61/EC on alternative investment fund managers – AIFMD, (ii) by the Joint Consob and Bank of Italy Regulation of October 27, 2007 as amended on April 27, 2017, (iii) by the “Guidelines for healthy remuneration policies in compliance with the AIFMD” (ESMA/2013/232) of the European Securities and Markets Supervisory Authority and (iv) by the “Remuneration and incentive policies” approved annually by the Annual General Meeting of the SGR.