Governance of Euronext Growth Milan Companies

According to the PMI Observatory, 57% of Euronext Growth Milan companies present a board of directors consisting of 4 to 6 directors, 33% from a number of 7 members or more, 10% from 3 directors. On average, the BOD of the Euronext Growth Milan companies is composed of 6 members. The whole of the Board of Directors have independent directors following the regulatory changes introduced in July 2020. The Euronext Growth Milan with  different companies’ board  (at least one female director) are equal to 65% of the market (61% in 2020) and show a female representation equal to 26.7% (17.3% in all Euronext Growth Milan companies).

89% of Euronext Growth Milan companies have voluntarily included in their Bylaws the appointment of the Board of Directors by list vote (83% in 2020); 75% of Euronext Growth Milan companies have a list voting mechanism for the appointment of the Board of Statutory Auditors.

VIEW THE OSSERVATORIO PMI ANALYSIS