The Corporate Governance structure is voluntarily based (as SEA is not a listed company) on the recommendations and principles of the “Self-Governance Code for listed companies” of Borsa Italiana. The SEA Corporate Governance structure is based on a traditional model and is composed by the following bodies:
- the Shareholders’ Meeting, which represents the interests of all shareholders and with a duty to take the most important decisions for the company - appointing the Board of Directors, approving the financial statements and amending the By-Laws;
- the Board of Directors, which operates through the executive directors and directors with representative powers. A Control, Risks and Sustainability Committee and a Remuneration Committee have been set up within the Board;
- board of Statutory Auditors.
The structure of powers and duties complete the Governance structure.