System of corporate governance

The system of corporate governance adopted by Enel is inspired by the highest standards of transparency and correctness in the management of the company. This system complies with the provisions of law and with the CONSOB (Italian National Commission for Companies and the Stock Exchange) regulations and is likewise in line both with the recommendations of the Corporate Governance Code of Italian listed companies and with international best practices.

As well as representing an essential tool for ensuring an effective and efficient management and an effective control over company activities, the corporate governance system adopted by Enel has the purpose of creating value for shareholders, however nurturing the awareness of the social importance of the activity in which the Enel Group is engaged and of the ensuing need to give due consideration, in the carrying out of such activity, to all the interests involved.

Enel yearly discloses to the market detailed information concerning the corporate governance system adopted and the strict observance of the recommendations of the Corporate Governance Code of Italian listed companies. Such information are included in the "Report on corporate governance and ownership structure" published with the financial report and disclosed in this web-site section.

Report on Corporate Governance system adopted by the Board of Directors of Enel SpA on March 17th 2010.

Last update: 6th April, 2010

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