Moncler Group | Annual Report 2024 496  | 

15

year 2024 (and in the previous year 2023), who have exceeded nine years in office

(see Recommendation 7e) of Article 2 of the Corporate Governance Code) and

whose term of office will end with the approval of the financial statements for the

year 2024. In the opinion of the Statutory Auditors, the Board has provided non-

contradictory, logical and plausible reasons to confirm that these directors continue

to meet the independence requirements. The Statutory Auditors were able to verify

that, in compliance with the principles of the Corporate Governance Code, the

Board of Directors has clearly argued and justified in its Report on Corporate

Governance and Ownership Structure that, notwithstanding deviation from the

Recommendation in question, the objectives underlying the provisions of the

Corporate Governance Code continue to be met in light of the reasons identified

for each of the directors concerned. For more details on this point, refer to the

contents of the above-mentioned Report.

Early in 2025 and in line with the recommendations of Standard Q.1.7 of the Rules

of Conduct for the Boards of Statutory Auditors of Listed Companies prepared by

CNDCEC, the Board of Statutory Auditors, with reference to the 2024 financial

year, also conducted its own self-assessment with regard to its functioning and

composition. It also issued declarations about the compliance with independence,

probity and integrity criteria required by the applicable regulatory and legal

framework, and discussed and shared the results of the meeting held on 12

February 2025.

Through the participation of the Chairman and/or a delegate auditor at all the

meetings of the Nomination and Remuneration Committee and the Control, Risks

and Sustainability Committee, the Board of Statutory Auditors has verified the

corporate procedures that led to the definition of the Company’s remuneration

policies, with particular reference to the criteria for the remuneration and bonuses

of the heads of the Control Functions, and of the Financial Reporting Officer.

8. Opinions given by the Board of Statutory Auditors during the year (point 9

of Consob Communication No 102556401

On 26 February 2024 the Board of Statutory Auditors pursuant to the Corporate

Governance Code Article 6 Recommendation 33c gave its favourable opinion

on the approval of the Audit Plan for 2024

On 12 February 2025 the Board of Statutory Auditors gave its favourable opinion

on the Audit Plan for 2025 approved by the Board of Directors on 13 February

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