Compensation and Nominating Committee
Chairman Roberta Somati (1)
Members Giancarlo Boschetti
Giovanna Pacchiana Parravicini (1)

(1) Independent director

The Compensation Committee, which is staffed with non-executive Directors, the majority of whom are independent Directors, is responsible for submitting to the Board of Directors proposals concerning the compensation of the Chief Executive Officer and of all other Directors who perform special tasks and for monitoring the proper implementation of approved resolutions and general recommendations concerning the compensation of Group managers with strategic responsibilities. The Compensation Committee has been assigned specific tasks in connection with the management of any future stock option plans.