The requirements of the Code are not of a legal or financial nature but reflect the group’s social and moral commitment. Armani group strives to be an example of transparency and sound business practices and this commitment underpins the adoption of a Code that embodies these principles and conduct standards in dealings with institutions and stakeholders. The group companies have accordingly set up supervisory bodies to check compliance with the Model’s requirements. In accordance with the legislative instructions of the Legislative Decree 231/2001, the group has opted for bodies comprising more than one member. The supervisory bodies report directly to the relevant company’s board of directors in order to ensure their full independence when carrying out their duties.
29 April 2009 CHAIRMAN OF THE BOARD OF DIRECTORS Giorgio Armani