Auditing

The task of auditing the financial statements has been entrusted to EY S.p.A. until the financial year 2022.

Banca Ifis is a listed company: therefore, auditing must, by law, be performed exclusively by an auditing firm, which must check, during the financial year, that the books of the company are kept regularly and that operating results are reported in the books correctly.

The auditing firm must, in addition, ascertain that the financial statements and the consolidated financial statements for the financial year correspond to the results of the accounts and of the checks performed, and that the accounting documents comply with the regulatory framework.

The auditing mandate is granted by the Ordinary shareholders’ meeting on a reasoned proposal by the Board of Statutory Auditors.

The Shareholders’ Meeting of 17 April 2014 appointed EY S.p.A. to audit the Company’s annual financial statement and the Group’s consolidated financial statement as well as the limited auditing of Banca Ifis’s half-yearly interim report, for each of the nine financial years with closing dates from 31st December 2014 until 31st December 2022. The person responsible for auditing is Marco Bozzola.

EY S.p.A. have also been tasked, by means of separate formalised agreements, with auditing the controlling company’s financial statements and those of Banca Ifis’s Subsidiary Companies.

Consideration for the auditing and other services for the financial year 2019:

Revisione contabile

Servizi di attestazione

Banca Ifis

288.354 euro

93.500 euro

Subsidiary Companies

306.545 euro