Control, Risks and Sustainability Committee
The Control, Risks and Sustainability Committee comprises 3 (three) Non-Executive Directors, the majority of whom independent, in accordance with the requirements of the Self-Governance Code. The Chairperson of the Committee is chosen from among the Independent Directors.
The Committee supports through appropriate proposal and consultative activities the assessments and decisions of the Board of Directors with regards to:
- the Internal Control and Risk Management System;
- the approval of the periodic financial reports; and
- sustainability, i.e. the company’s set of processes, initiatives and activities regarding the environmental, social and other aspects of its activities.
The Control, Risks and Sustainability Committee, in its current formation, was appointed by Board of Directors’ motion of June 26, 2026 as follows:
Paola Bruno has more than thirty years of experience in finance, investment banking, corporate finance, mergers and acquisitions (M&A), corporate governance, and risk management. In addition to serving as an Independent Director on the Board of Directors of SIT S.p.A., she currently holds numerous board and supervisory positions in both listed and private companies in Italy and abroad. She graduated in Political Science with a specialization in International Economics from Sapienza University of Rome and subsequently enhanced her academic background through a Master’s degree in Finance and executive education programs at SDA Bocconi School of Management. Throughout her career, she has worked as an investment banker at leading international financial institutions, including UBS and Merrill Lynch International. She has also held senior management positions within major Italian banking groups such as Banco Popolare and Banca Italease, as well as serving as Chief Financial Officer and Investor Relations Officer for listed companies and private equity-backed businesses. Since 2013, she has been the founder and managing director of Augmented Finance Ltd., an independent strategic and financial advisory firm. In parallel, she has served as an independent director, Chair, and member of board committees in numerous Italian and European listed companies, including Banco Desio, Clessidra Private Equity SGR, COIMA RES, Retelit, INWIT, Alerion Clean Power, SEC Newgate, and Solutions 30. Her professional background is characterized by extensive expertise in corporate finance, capital markets, M&A transactions, corporate governance, and risk management, gained through leadership roles in international financial institutions and major listed companies.
Massimiliano Nitti is a lawyer with extensive experience in corporate law, mergers and acquisitions (M&A), private equity, and corporate governance, developed over more than twenty-five years of professional practice advising industrial groups, listed companies, and investment funds in both the Italian and international markets. He currently serves as Partner and Head of the Corporate Department at Linklaters Italy. He graduated in Law from the Università Cattolica del Sacro Cuore in Milan in 1998 and subsequently obtained, in 2002, a LL. M. in Comparative Jurisprudence from New York University. He is admitted to the Milan Bar, is a member of the New York State Bar, and is also qualified as a solicitor in England and Wales. Prior to joining Linklaters, he spent a substantial part of his professional career at the law firm Chiomenti, where he served as Co-Head of the Private M&A Department and as Managing Partner of the London office. Throughout his career, he also gained significant international experience at the law firms Skadden, Arps, Slate, Meagher & Flom LLP in New York and Gide Loyrette Nouel in Paris.
Valentina Bosetti is an economist specializing in environmental economics, climate change, and the energy transition, with extensive academic and institutional experience at both the national and international levels. She is currently a Full Professor of Environmental and Climate Change Economics at Bocconi University and a Senior Scientist at the RFF-CMCC European Institute on Economics and the Environment. She holds a degree in Environmental Sciences from the University of Milano-Bicocca, a Master’s degree from University College London, and a Ph.D. from the University of Milan. From 2020 to 2023, she served as Chairwoman of Terna S.p.A., gaining significant experience in the governance of one of Italy’s leading infrastructure companies. Previously, she held research and teaching positions at several prestigious academic institutions, including Bocconi University, the Fondazione Eni Enrico Mattei, Princeton University, and Stanford University. She has also contributed to the work of the Intergovernmental Panel on Climate Change (IPCC) as a Lead Author of major international climate change assessment reports and has led important research projects funded by the European Research Council (ERC). Throughout her career, she has established herself as one of Italy’s leading experts in sustainability, climate policy, and energy economics.