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conflict of interest or a personal interest. In accordance with art. 4 of the above Consob Regulation,
the Board of Statutory Auditors has verified that the procedures adopted by the Company comply
with the Regulation's principles, and that such procedures have been observed;
d) it has obtained information about and monitored (i) the adequacy of the Company's organisational
structure, within the scope of its remit, and (ii) the observance of good management practices,
by acquiring information from heads of the relevant departments and by holding meetings with
representatives from PricewaterhouseCoopers S.p.A., the auditing firm engaged to perform the
statutory audit (the "Independent Auditors"), including for the purpose of exchanging relevant in-
formation and data; no critical issues have emerged as a result of these meetings. No critical issues
have emerged as a result of meetings with the Boards of Statutory Auditors and sole Statutory
Auditors of the Company's Italian subsidiaries (Prysmian Cavi e Sistemi S.r.l.; Prysmian Powerlink
S.r.l.; Prysmian Cavi e Sistemi Italia S.r.l.; Prysmian Treasury S.r.l.; Fibre Ottiche Sud - F.O.S. S.r.l.
and Prysmian Electronics S.r.l.);
e) it has assessed and monitored, to the extent of its remit under art, 19 of Legislative Decree 39/2010,
the financial reporting process, the adequacy of systems of internal control, administration and ac-
counting, and the latter's reliability for the purposes of fairly representing business performance, by:
i. regularly exchanging information with executive directors and particularly with the Managers
responsible for preparing corporate accounting documents, whose role is governed by art.
154-bis, UFA;
ii. examining the reports prepared by the Head of Internal Audit, including information on the
outcome of any remedial actions implemented as a result of auditing activities;
iii. obtaining information from the heads of departments;
iv. holding meetings and exchanging information with the statutory auditors of the Italian subsid-
iaries (Prysmian Cavi e Sistemi S.r.l.; Prysmian Powerlink S.r.l.; Prysmian Cavi e Sistemi Italia
S.r.l.; Prysmian Treasury S.r.l.; Fibre Ottiche Sud - F.O.S. S.r.l., and Prysmian Electronics S.r.l.) as
permitted by paragraphs 1 and 2 of art. 151, UFA, during which the Board of Statutory Auditors
obtained information about the management and control systems of these subsidiaries and
general trends in their business;
v. examining the activities of the Independent Auditors and reviewing the results of their work;
vi. attending meetings of the Control and Risks Committee and, when matters so required, ad-
dressing such matters jointly with this Committee,
These activities have not revealed any anomalies that could be considered evidence of inadequacies in
the internal control and risk management system;