In accordance with the Italian Civil Code, Sarlux has adopted the traditional governance and audit model: the company is managed by a Board of Directors, while the audit body is the Board of Statutory Auditors, comprising three standing auditors and two alternate members. The Board of Auditors monitors compliance with the law and with the articles of association and verifies the adequacy of the company’s organisational structure and of its administrative and accounting system. Sarlux has entrusted the task of independent auditing of its financial statements to Ernst & Young.
Sarlux has adopted a Code of Ethics that sets out the company’s principles and values, which must be observed by all employees, contractors and all other parties Saras has relationships with. Sarlux has also adopted the organisational, management and control model pursuant to Legislative Decree No 231/2001, whose implementation is monitored by a specific internal supervisory body.