Enel Group Corporate Governance Guidelines

The Guidelines are the result of an in-depth analysis of the different legal systems in which the Enel Group operates, in order to devise common solutions and improve the operations’ efficiency, absent a company law regulation of multinational groups at supranational level.

Following the strong growth realized also through significant international acquisitions, the Enel Group currently includes 15 companies whose shares are listed on different stock exchanges (Argentine, Brazilian, Chilean, Italian, Peruvian, Russian, Spanish and United States stock exchanges), thus presenting under this perspective a unique feature at international level.

Having been approved by the Board of Directors of Enel S.p.A. in December 2017, the Guidelines have been adopted in 2018 by the competent governing bodies of the listed subsidiaries. Moreover, they have been presented during an international seminar on multinational groups held in Madrid in October 2018, attended by the representatives of the supervisory authorities of the financial markets where the most relevant subsidiaries are listed and by leading academics.