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ENAV S.p.A. Financial Statement

In the year 2015, and following the end of the same, the Board of
Statutory Auditors did not receive any complaints pursuant to Art.
2408 of the Italian Civil Code.
During the year and following the end of the same, the Board of
Statutory Auditors issued the required opinions within the scope of its
responsibilities.
In 2015, the Board of Statutory Auditors convened 10 times, including
in the presence of the Magistrate of the Court of Auditors charged
with the audit. Transcripts of these meetings were recorded in the
relative minutes book.
Furthermore, the Board of Statutory Auditors participated in:

(i) 4 Shareholders’ Meetings;
(ii) 12 Board of Directors’ Meetings.
The meetings were conducted in accordance with the relative laws and
bylaws regulating the conduct of the same.
During the Board meetings, the obligations for the periodic
notification of the Board of Directors and the Board of Statutory
Auditors pursuant to Art. 2381, paragraph 5 of the Italian Civil Code
were fulfilled.
The Board of Statutory Auditors noted and supervised the adequacy of
the Company’s internal auditing procedures and, in its capacity as the
Committee for Internal Control and Accounts Auditing and pursuant
to Art. 19, paragraph 1, letter b) of Legislative Decree no. 39 of 27
January 2010, the effectiveness of the internal control and accounts
auditing procedures.

256 ENAV - Annual financial report 2015