Four committees have been instituted within Biancamano’s Board of Directors whose functions are defined in the Code of Conduct.

Control and Risk Committee
Starting from 28 May 2015 the Control and Risks Committee is composed of Enrico Maria Bignami (Independent Director), Maria Luisa Mosconi (Independent Director) and Giovanni Maria Conti (Non executive Director).

Remuneration Committee
Starting from 28 May 2015 the Control and Risks Committee is composed of Enrico Maria Bignami (Independent Director), Maria Luisa Mosconi (Independent Director) and Barbara Biassoni (Independent Director).

Related Party Transactions Committee
The functions of the Related Party Transactions Committee have been assigned to the Audit and Risk Committee.
 
Nomination Committee
The functions of the Nomination Committee have been assigned to the Remuneration Committee.

Ethics Committee
The Ethics Committee is composed of Lorenzo Reali (President), Maria Stagno d'Alcontres e Davide Maria Emilio Cito.