Company documents

The Articles of Association define the general rules governing life at the Company: the corporate purpose, the criteria for the composition and operation of the corporate bodies, and the description of shareholders’ rights as well as how to exercise them.

The Code of Ethics sets out all the principles and standards of conduct that inspire the Group's actions as part of day-to-day operations and in its dealings with institutions, companies, and individuals it gets into contact with.

Legislative Decree 231/0 provides for the administrative liability of the companies for some of the crimes committed in their interest or advantage by subjects that are functionally linked to them. The provisions of Legislative Decree 231/01 exclude the administrative liability of the company in the event that, prior to the commission of the crime, it has adopted and effectively implemented an Organization, Management and Control Model suitable for preventing the commission of crimes. De' Longhi S.p.A. and De' Longhi Appliances have adopted their own Organization, Management and Control Model binding for all subjects who, for various reasons, have professional relationships with their company and have set up their own Supervisory Body with the function of controlling the such Models.

The Group provides a general and comprehensive view of the corporate governance system through the Report on Corporate Governance and Ownership Structure, which is approved annually by the Shareholders’ Meeting.

The remuneration policy of Directors, Statutory Auditors, the General Manager (if any), and other Key Management Personnel of the Group is intended primarily to create a strong link between remuneration and performance, aligning the interests of management and shareholders. The De’ Longhi Group's remuneration policy is included in the Remuneration Report, which is approved annually by the Shareholders’ Meeting.

The procedure establishes how to identify Related Parties and the rules to be followed when conducting transactions with them.

To ensure all disclosures to the market are complete, accurate, and timely, the Group has implemented a specific procedure to define the proper manner of handling and disclosing material and/or regulated information.

To ensure the utmost transparency, the Internal Dealing procedure sets out the criteria and rules for the handling of information to be disclosed to the market in the event a relevant person buys or sell De’ Longhi shares.

For a multinational entity such as the De’ Longhi Group, promoting diversity represents a key cultural objective in order to fully develop the skills, characteristics, and abilities of all the Group's staff, including employees as well as the members of the Corporate Bodies. The document identifies diversity standards in terms of age, gender, and educational and professional background applicable to the Board of Directors and the Board of Statutory Auditors.

In order to better develop an open and constant dialogue with all its Shareholders, the Company adopted the “Policy for managing dialogue with shareholders as a group” which, taking into account the engagement policies adopted by De’ Longhi’s main institutional investors and asset managers, sets out the general principles, management procedures and main content of the dialogue between De’ Longhi and its Shareholders.