Monte Titoli’s By-laws defines the essential characteristics as well as the primary rules relating to the organization and operation of the Company.

The By-laws also specifies the name, registered office and duration of the Company; the corporate purpose; the share capital amount as well as the number, characteristics and nominal value of shares; the administration and control model adopted; appointment procedures and the rules of operation of corporate bodies; the operation of the Shareholders' Meeting and shareholders’ rights.

The contents of the By–laws supplement legal provisions. For all that which is not expressly provided for in the By–laws, the provisions of the Italian Civil Code and special laws will be applicable.

The By-laws may be amended by means of a resolution of the Extraordinary Shareholders' Meeting.

A copy of the current By-laws is available below:

By-laws of Monte Titoli S.p.A