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Olon corporate governance

Legislative Decree no. 231/2001 (hereinafter the “Decree”) introduced a new form of corporate liability, qualified as administrative but essentially of a criminal nature, for certain types of offences committed by its directors and employees, as well as by persons acting in the name and on behalf of the company Olon S.p.A (hereinafter Olon or the Company).

In compliance with the indications of the Decree, Olon has adopted, by resolution of the Board of Directors of 6 May 2008, an Organization, Management and Control Model (hereinafter, “Model”), periodically modified and updated and has also implemented, by the same Resolution, the Group’s Code of Ethics.

The Model and the Code of Ethics represent the body of rules that summarize the principles of ethics and morality, to be followed in the conduct of corporate activities; in particular, the Model identifies within it the sensitive corporate processes of Olon pursuant to the Decree; the Code of Ethics, to complete the Model, is the document that contains the commitments and ethical responsibilities in the conduct of business and corporate activities assumed by directors and employees.