In addition to the powers provided for by the law and the bylaws with regard to the functioning of the governing corporate bodies (shareholders’ meetings and the Board of Directors) and the legal representation of the Company, the Chairman is also entrusted with the tasks of (i) con tributing to the establishment of the corporate strategies in agreement with the Chief Executive Officer and the rel evant powers entrusted to the latter by the Board of Direc tors being understood, as well as (ii) overseeing internal auditing in agreement with the Chief Executive Officer, with the related corporate department remaining under the latter.