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TIM: BoD takes note of prosecutor's investigation, company not involved and injured party

Giampaolo Leone new Group Procurement & Logistics Officer

10/23/2024 - 10:14 PM

TIM's Board of Directors met under the chairmanship of Alberta Figari and took note of the investigation by the Rome Public Prosecutor's Office into an alleged bribery among private individuals that led to a search warrant against a company officer.

The Board of Directors, as already expressed by the Company this morning, guarantees absolute cooperation with the investigating Authorities, also with the aim of reconstructing possible responsibilities to the detriment of the Group, which is to be considered an uninvolved and injured party in the affair. In this context, the Company had already launched specific audit activities in light of the press rumors on the so-called Sogei affair.

The Board also appointed Giampaolo Leone as new Group Procurement & Logistics Officer. Leone, previously Chief of the Compliance Department and holder of 246,755 TIM ordinary shares, qualifies as an executive with strategic responsibilities. The Compliance Department is assigned ad interim to Massimiliano Turconi, who retains the responsibility for the Audit Department.

 

 

Rome, 23 October 2024

 

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