GOVERNANCE MODEL

Shareholders' Meeting: that expresses the will of the shareholders and, among other things, appoints and dismisses the members of the Board of Directors and the Board of Statutory Auditors, determines their remuneration, approves the financial statements, passes resolutions on amendments to the Articles of Association, as well as all other matters within its competence in accordance with the law.

On the page dedicated to the Shareholders' Meeting, you will find the archive of all the necessary information and relevant documents related to both ordinary and extraordinary meetings, prior to the delisting of the Company's ordinary shares from Euronext STAR Milan, effective January 8, 2025, following the successful completion of the voluntary public tender offer and total exchange promoted by Fnac-Darty S.A. and RUBY Equity Investment S.à r.l.

Board of Directors: to which is delegated the responsibility for defining corporate strategies and monitoring their implementation by the management. The Board holds all powers of ordinary and extraordinary administration and management of the company. 

Board of Statutory Auditors: ì entrusted with the supervision of compliance with the law and the Articles of Association and observance of the principles of proper administration.

Supervisory Board: a board-appointed body with the fundamental task of monitoring the adequacy and effectiveness of the Organisational Model, ensuring that it is complied with and kept up-to-date.

Auditing Company: the activity of statutory auditing is entrusted to a specialised auditing company, duly registered in the special register of statutory auditors, appointed by the Shareholders' Meeting upon proposal of the Board of Statutory Auditors.