In accordance with the current legislation, the governance system adopted by YOOX NET-A-PORTER GROUP guarantees the highest standards of transparency and functionality for corporate life
At the core of the corporate governance system, which is according to the traditional model of administration and control, three bodies are found, which share responsibilities and duties:
- Meeting of Shareholders;
- Board of Directors;
- Board of Statutory Auditors.
The legal auditing of the accounts is entrusted to an audit firm.
Four internal committees for the Board of Directors (Appointment Committee, Compensation Committee, Control and Risks Committee and Related Parties Committee) provide support – each for the scope delegated – in the activity of corporate management and supplement, along with the responsible Director, the corporate governance system.
YOOX NET-A-PORTER GROUP, a company listed on the Italian Stock Exchange, has adopted a traditional management and control system, and adheres to the Self-Discipline Code provided for by the Committee on Corporate Governance of Listed Companies promoted by Borsa Italiana S.p.A..