Board of Directors

The Board of Directors consists of nine members, seven of whom are independent and one non-executive director (four are women) with appropriate and diversified skills.

The shareholders' meeting appointed Mr. Caio Massimo Capuano as Chairman.

The Board of Directors is appointed yearly.

CAIO MASSIMO CAPUANO
CHAIRMAN, NOT EXECUTIVE DIRECTOR

9 September 1954

Graduated in Electrical Engineering from La Sapienza University, Rome. Began his career at Xerox and then moved to IBM.

1986-1997: Senior Partner of McKinsey & Company in the Banking and Financial Institutions and ICT sectors. 1998-2010: CEO and Director of Borsa Italiana.

From October 2007, Deputy CEO of the London Stock Exchange Group. He held numerous positions at the Borsa Italiana Group (Cassa di Compensazione e Garanzia, Monte Titoli; MTS) and was a member of various committees of national interest established by the competent departments. A promoter of two versions of the Code of Corporate Governance for listed companies, he worked at various international bodies including holding the post of Chairman of the World Federation of Exchanges and Chairman of the Federation of European Securities Exchanges (FESE).

2011-2013: CEO of Centrobanca, Corporate & Investment Bank of the UBI Group.

2013: Chairman of IW Bank.

FERAS ABDULAZIZ AL-NAAMA
VICE PRESIDENT, INDEPENDENT DIRECTOR

6 August 1991

Bachelor of Economics B.S. from the University of Oregon (Eugene – USA). He attended postgraduate courses at HEC Paris in Qatar and Carnegie Mellon University in Qatar.

From January 2014 to September 2016 he worked at Qatar Holding LLC as an analyst (corporate analyst) and a member of the capital markets team.

Since September 2016 he works for Qatar Investment Authority as a member of the capital markets team, focusing in particular on equity, equity derivatives, real estate financing, FX, Fixed Income, Commodities and interest rate transactions.

MANFREDI CATELLA
KEY MANAGER (CEO)

18 August 1968

Graduated in Economics and Business from the Catholic University of the Sacred Heart. He has a Master in Regional Planning and Real Estate from the Polytechnic of Turin. Founding partner and CEO of COIMA RES, majority shareholder and CEO of COIMA SGR and Chairman of COIMA, a real estate company founded in 1974 by the Catella family.

He was Country Head and responsible for Italian assets for the Hines Group and worked at JP Morgan in Milan, Caisse Centrale des Banques Populaires in Paris, France, Heitman in Chicago, USA and HSBC in Paris, France.

Chairman of the Riccardo Catella Foundation, member of the Advisory Board of the Bocconi University and Assolombarda. Catella is a financial analyst and member of the Association of Journalists and is on the register of journalists. He has written numerous articles and detailed studies on the real estate sector and on land redevelopment.

PAOLA BRUNO
INDEPENDENT DIRECTOR

23rd february 1967

Graduated cum laude in Political Sciences and International Economics from La Sapienza University, Rome. Executive Master in Real Estate and Finance from SDA Bocconi School of Management in Milan.

Senior Executive with more than 25 years of experience in London and Milan: investment banker, top manager in the banking sector, CFO, private equity Managing Partner, Founder and CEO of the advisory company Augmented Finance Ltd, Non-executive Director and committee chair/member of listed companies (FTSE Italia and AIM UK).

OLIVIER ELAMINE
INDEPENDENT DIRECTOR

9 October 1972

Founder and CEO of alstria Office REIT AG, a property company operating in Germany, focused on the office sector and listed on the Frankfurt Stock Exchange, with managed assets of over €3 billion and 108 properties totalling 1.6 million m2.

In the past, Olivier Elamine was one of the founders of NATIXIS Capital Partners, a director of the investment banking team of CDC IXIS (concentrating mainly on the real estate sector) and a consultant at Ernst & Young (always focusing on the real estate sector).

LUCIANO GABRIEL
INDEPENDENT DIRECTOR

15 August 1953

Currently Chairman of the Board of Directors of PSP Swiss Property AG, a commercial real estate company operating in Switzerland and listed on the Zurich Stock Exchange (SIX Swiss Exchange), with managed assets of more than CHF 6.8 billion.

He held the post of CEO of PSP Swiss Property from 2007 to March 2017 and was Finance Director of PSP Swiss Property from 2002 to 2007. From 1998 to 2002 he was head of the corporate treasury and finance department of Zurich Financial Services.

From 1984 to 1998, he held various positions in corporate finance, risk management, international banking services for businesses and commercial development at the Union Bank of Switzerland.

He was Chairman of EPRA (European Public Real Estate Association), the European association of the largest listed companies operating in the real estate sector for the period 2016/2017.

ARIELA CAGLIO
INDEPENDENT DIRECTOR

20 January 1973

Ariela Caglio graduated cum laude in Business Administration at Bocconi University, where, in 2001, she obtained a PhD in Business Administration and Management. She is currently Associate Professor of Planning and Control and Director of the Bachelor in International Economics and Management (BIEM) of Bocconi University, as well as senior Professor and Liaison Officer of the SDA Bocconi School of Management.

During her more than 15 years of experience in the fields of business planning and budgeting, measurement and management of services and cost accounting, Ariela Caglio has also been a Visiting Professor at prestigious international institutions, such as the London School of Economics and Political Science (LSE) and the University of Manchester.

She sits on several editorial boards and she is member of the Standing Scientific Committee of the European Accounting Association (EAA). She is also Deputy Chair of the European Accounting Association (EAA) 2018 Congress. She participates in the Ready4Board Women project and currently sits on the Board of Directors of Esprinet SpA as an Independent Director.

ALESSANDRA STABILINI
INDEPENDENT DIRECTOR

5 November 1970

A Law graduate of the University of Milan. Gained a Master of Laws (LL.M) at the Law School of the University of Chicago, Chicago (USA). She has a PhD in Commercial Law from the Bocconi University Business School. Stabilini has been on the Milan Register of Lawyers since 2001. Research fellow in commercial law at the Law School of the University of Milan, appointed to the role in 2004 and confirmed in 2007. From 2011 to 2017 she has been an Adjunct Professor and in charge of the course on International Corporate Governance (until the academic year 2015/2016), then for the course of Corporate Interest, Corporate Social Responsibility and Financial Reporting (from the academic year 2016/2017). Equity partner of Nctm Studio Legale Associato from 2015 (from 2011 to 2015 Of Counsel, previously an Associate). Areas of specialist activity: company law with special reference to listed companies, financial market law, governing and banking regulations and banking crises. Vice-Chairman of NED Community. She has held the posts of independent director and auditor in various listed and unlisted companies. She holds positions in financial intermediary crisis procedures, appointed by Banca d’Italia.

ANTONELLA CENTRA
INDEPENDENT DIRECTOR

September 20th, 1969

After graduating in law, summa cum laude, at "Università La Sapienza' in Rome, Antonella Centra, attended a master in EU Law at College of Europe in Bruges.

She has always been cooperating, both as general counsel (or deputy general counsel as far as Wind is concerned) and as member of the board of directors, with leading national and international corporations, such as Gucci and Bottega Veneta – Kering Group, Wind Telecomunicazioni and Coca-Cola.

On the ground of her specific skills, since 2015, in addition to the role of general counsel and group compliance officer of the Gucci Group, she has been vested with the responsibility of EVP Sustainability Director and Head of Institutional affairs. In these roles, she contributed to define the 10 years’ sustainability strategy of Kering Group to implement it across Gucci's Business Units to make sustainability a pillar of the corporate culture of Gucci.

As a result, Antonella Centra has a solid familiarity with any matter concerning the management of the corporate social responsibility and sustainability, coupled with a skilled knowledge and awareness in the area of institutional relationships and affairs. Antonella Centra, in addition to her roles within the Kering Group, is now vested with official roles in leading institutional associations and memberships.

MEMBERS AND ATTENDANCE (AT 31/12/2020) BOARD OF DIRECTORS INVESTMENTS COMMITTEE REMUNERATION COMMITTEE CONTROL AND RISK COMMITTEE
MASSIMO CAPUANO Chairman
NON-EXECUTIVE		 11/11 - 5/5 -
FERAS ABDULAZIZ AL NAAMA Vice Chairman
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/11 24/31 - -
MANFREDI CATELLA Chief Executive Officer
EXECUTIVE		 11/11 31/31 - -
AGOSTINO ARDISSONE1 Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 0/1 - - 0/1
OLIVIER ELAMINE Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/11 - 5/5 -
LUCIANO GABRIEL Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/12 30/31 - 8/8
ALESSANDRA STABILINI Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/11 - 5/5 8/8
ARIELA CAGLIO1 Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/11 - - -
ANTONELLA CENTRA Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 11/11 - - -
PAOLA BRUNO2 Director
NON EXECUTIVE, INDIPENDENT
CODE SELF-DISCIPLINE TUF		 5/6 - - 4/4

1. In charge until March 8th, 2020
2. In charge from June 11th, 2020

Members of the Board of Directors (direct and indirect stakes)
Date: June 2021

Note: figures for Manfredi Catella include both direct and indirect participations through COIMA SGR and COIMA REM

Name Shares held Stake held
Manfredi Catella 131,210 0.36%
Olivier Elamine 4,000 0.01%
Luciano Gabriel 20,000 0.06%
Total 155,210 0.43%
     
Shares outstanding 36,106,558