The Board of Directors of Maire Tecnimont S.p. A appointed Pierroberto Folgiero as CEO, responsible for the company management, assigning him the ordinary and extraordinary management powers not reserved to the Chairman and to the Board of Directors. Pierroberto Folgiero has been also appointed as director in charge of the internal control and risk management system. The Board of Directors also decided to create the position of Lead Independent Director, with the functions envisaged by the Corporate Governance Code of listed companies, and the role has been assigned to the independent Director Gabriella Chersicla.

The Board of Directors also set up the Committees envisaged by the Corporate Governance Code of listed companies, and namely: (i) The Control and Risk Committee, composed of the independent Directors Paolo Tanoni (acting as Chairman) and Gabriella Chersicla and the non-executive Director Stefano Fiorini, all having adequate experience and expertise in financial accounting or risk management; (ii) The Remuneration Committee, composed of the independent Directors Paolo Tanoni (acting as Chairman) and Vittoria Giustiniani and the non-executive Director Luigi Alfieri, all having adequate experience and expertise in financial matters or remuneration policies. The Board of Directors also set up ­ in compliance with the applicable legislative and regulatory provisions and with the Procedure adopted by the Company, and with the competences provided for therein ­ a Committee for the transactions with related parties, composed of the independent Directors Gabriella Chersicla (Chairman), Patrizia Riva and Paolo Tanoni. The Board of Directors, after obtaining the favourable opinion of the Board of Statutory Auditors, confirmed the Company Chief Financial Officer, Marco Andreasi, as Executive in charge of drafting the corporate accounting documents, vesting him with the powers envisaged by the currently applicable law provisions and by the Company By-Laws.

Finally, the Board of Directors (having acknowledged the occurred expiration of the Supervisory Board term) set up the Supervisory Board pursuant to Legislative Decree 231/2001, with the functions envisaged by the currently applicable law provisions ­ in its collegial form with three members: Umberto Tracanella (Chairman), Luciana Sara Rovelli and Mario Ruzza, the first two being external members. The Supervisory Board shall hold office until the expiry of the term of the Board of Directors.