According to the Articles of Association, the Board of Directors of Augustea Holding Spa is responsible for defining the Group's system of corporate governance with the power to appoint internal committees with consulting and advisory functions in order to support the Board in carrying out effectively its activities. .

On Dec. 21st, 2016 the Board resolved to retain the tasks previously assigned to the Control and Risks Committee and to appoint the Remuneration Committee,  composed of three non-executive directors (two of whom independent).