Edison: the extraordinary shareholders' meeting approves amendments to the Bylaws

Milan, June 26, 2007 – Meeting today at the Company’s Foro Buonaparte headquarters, Edison’s Extraordinary Shareholders’ Meeting approved amendments to the Bylaws, already examined by the Board of Directors, in accordance with the requirements of the Investments Protection Act. The main amendments involve the following:

- Introducing slate voting to elect the Board of Directors, in a manner that will enable minority shareholders to elect one Director, and, consequently, increasing to 13 the number of Directors;
- Requiring that at least two Directors qualify as independent, pursuant to Article 147-ter of the D.Lgs n. 58/1998 as amended;
- Empowering the Board of Statutory Auditors, or individual Statutory Auditors, to call a meeting of the Board of Directors;
- Introducing the amendment required to comply with Consob rules, also referring to quorum, concerning the filing of minority slates for the election of Statutory Auditors and changing the restrictions on the number of governance posts held;
- Electing the Chairman of the Board of Statutory Auditors from the minority slate;
- Introducing a 15 days deadline for slates presentation;
- Listing the appointment criteria and professional requirements of the manager in charge of the preparation of the company’s accounting documents.

 

Edison’s Press Office: Tel. +39 02 62227331
ufficiostampa@edison.it
Edison’s Investor Relations: Tel. +39 02 62228415
investor.relations@edison.it
www.edisongroup.eu

Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended.