GOVERNANCE GOV-1; GOV-3; GOV 5 – Role of the administrative, management, and supervisory bodies; integration of sustainability performance into incentive systems; risk management and internal controls over sustainability reporting The definition of efficient development strategies has enabled Osculati to achieve steady growth over the past ten years, unaffected even by the global uncertainties that have impacted markets in recent years. The strength of family governance effectively supports the company’s industrial approach, which is focused on creating value in both the short and long term. The Corporate Governance model adopted by Osculati follows the traditional structure, featuring a Board of Directors chaired by Mario Alberto Osculati, founder of the company and currently Head of the Purchasing Department. In addition to the Chairman, the Board of Directors also includes Executive Directors Alberto, Giorgio, and Claudia Osculati. The composition of the Board has remained unchanged from previous years. 2022-2023-2024 GOVERNING BODIES BY GENDER AND AGE GROUP Men Women TOTAL <30 years 30-50 years >50 years TOTAL Board of Directors 3 1 4 0 3 1 4 Percentage 75% 25% 100% 0% 75% 25% 100% Each member holds the legal representation of the Company and possesses executive powers and operational delegations according to their respective areas of expertise. The mandate has no expiration date, and currently there are no independent directors within the Board of Directors. Moreover, no executive committees have been established; all decisions are jointly discussed and shared by the Governing Body according to their areas of competence.
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