Cattolica: GDF (Finance Police) investigating on 2019-2020 General Meetings

Cattolica: GDF (Finance Police) investigating on 2019-2020 General Meetings
01 August 2020 - Time: 18:38

Verona, 1 August 2020. Yesterday, after the regular conduct of the Ordinary and Extraordinary General Meeting and the clear approval of the Board of Directors’ proposals (about 70% of the votes cast), the Guardia di Finanza (Finance Police), upon request of the Verona Public Prosecutor and in relation to Consob's inspections, carried out a search and seizure of documents at the corporate headquarters in Verona and delivered some company representatives a notice of investigation on the hypothesis of violation of Article 2636 of the Italian Civil Code (unlawful influence on the General Meeting).

The company reiterates the absolute correctness and regularity of the General Meetings under investigation (meetings of 13/4/2019, 27/6/2020 and 31/07/2020) the last two of which occurred, inter alia, with the intervention of an independent designated representative, such as Computershare Spa, and therefore through IT-only collection and voting mechanisms and without the involvement of the company and its structures; hence the impossibility for them to intervene or affect the vote expressed by the members.

The company, which has given full collaboration to the investigative authority, reaffirms absolute confidence in a prompt clarification of the position, and also confidence in the rapid activity of the judicial authority. In any case, the company clarifies that the resolutions passed during the General Meeting of 31 July 2020 are valid in all respects and that the important transaction with Generali will continue as planned.