A Public Company

COMPANY

A Public Company

OVERVIEW

What being a public company means to us

Being a public company with a broad shareholder base owned by international institutional investors is a fundamental part of our identity. It requires our board of directors to develop a dialogue with shareholders and other stakeholders that generates transparency, meritocracy and ethical behavior, and these values cascade throughout the organization into our everyday performance. We believe this mindset allows us to stay close to our customers and shareholders, creating a relationship of trust and accountability, and allowing us to adapt and execute at the cutting edge of the market.

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A true public company

Prysmian is one of Italy’s few global industrial manufacturers to have achieved true public company status in recent years. Listed on the Milan Stock Exchange in 2007, the company’s free float is equal to 100% of capital, of which around 78% is held by institutional investors. At the end of 2020, significant shareholdings (in excess of 3%) accounted for approximately 26% of total share capital, meaning there were no majority or controlling interests. We therefore strive to comply with the highest international standards of governance. For example, 67% of Board members are independent and 42% are women.

INVESTORS

Staying close to our stakeholders

Being a public company means we must stay close to our stakeholders. Our Board of Directors provides clear and transparent communication of our strategic and financial operations, always acting in line with current rules and procedures relating to best practice.

We conduct hundreds of meetings yearly with the financial community and our other stakeholders. Our quarterly results and all relevant information are always promptly communicated to all our shareholders, financial analysts and specialists.

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