(Alliance News) - Masi Agricola Spa on Monday made it known that the shareholders' meeting approved the adoption of the company's status as a benefit company, the adoption of the one-tier administration and control model, and the modification of the voting mechanism applicable for the appointment of the board of directors, which consists of an innovative voting system based, not on the presentation of blocked lists, but on the presentation of candidate proposals on which the shareholders cast their vote.

The resolutions passed by the Assembly are part of the Masi Green Governance sustainability project developed to implement a more efficient governance system in line with the best international standards, the company explained.

The Masi Green Governance project allows Masi to continue in the pursuit of full sustainability by embarking on a path of integration of ESG factors: in fact, it is divided into three areas Environmental - Environmental Sustainability, Social - Social Sustainability, and Governance - Corporate Governance Sustainability.

Masi Agricola trades in the green by 0.7 percent at EUR5.42 per share.

By Claudia Cavaliere, Alliance News reporter

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