Recommendations on Corporate Governance of Enel Group’s listed companies

In July 2015 the Board of Directors of Enel approved, and subsequently amended in February 2019, certain Recommendations aimed at strengthening the corporate governance of Enel’s subsidiaries listed on regulated markets (currently 14 issuers) and, in compliance with their management autonomy, to ensure the implementation by such companies of local best practices in relation thereto.

The Recommendations concern, in particular, the composition of the management body, the requirements of members of the management body and their remuneration, some best practice such as the board review and induction of directors, the treatment of inside information, the adherence to codes of conduct and best practices of the relevant markets, as well as the accessibility of significant information for the shareholders on the subsidiaries’ website.