Effective risk management, integrated into the governance system, is a key factor to protecting the Group’s value over time. The Group’s Internal Control System has therefore been gradually expanded, drawing inspiration from, among other sources, the principles laid down in Article 7 of the Corporate Governance Code for Listed Companies promoted by Borsa Italiana, to the extent applicable. The corporate organisation thus consists of management committees and/or internal committees within the Board of Directors of Ariston Thermo SpA, organised as follows: