which was subsequently approved by the Board of Directors and then presented to the Annual General Meeting, and the revised version of the Code of Ethics, monitored the observance – and also revised – the Compliance Program, examined (after receiving extensive information about the second consultation document published by the Consob and approving the observations drawn up and formalized by the relevant corporate departments) several transactions with related parties, and made a positive assessment of the appropriateness, effciency, and actual functioning of the internal control system during the previous year.