For Intesa Sanpaolo, as a listed company (Public Interest Entity pursuant to the relevant regulations), auditing of the accounts may only be conducted by an independent auditing firm (Auditor), responsible for verifying, during the year, the regular keeping of corporate accounts and the proper recording of management operations in the books, and for expressing, through the appropriate reports, an opinion on the Parent Company's and consolidated financial statements, as well as on the half-yearly report, after ascertaining that they correspond to the accounting entries and related audits and that such records comply with the relevant regulations.
Independent auditors are appointed by the Ordinary Shareholders' Meeting, in line with the proposal set out by the Management Control Committee (by the Supervisory Board until April 2016).
The Shareholders' Meeting of 30 April 2019 appointed EY S.p.A. as independent auditor from 2021 to 2029.
Pursuant to Article 149-duodecies of Consob Regulation 11971, the table below shows 2022 fees for auditing and services other than auditing.
(millions of euro)
|TYPE OF SERVICE||INTESA SANPAOLO||GROUP COMPANIES (*)|
|EY||EY NETWORK||EY||EY NETWORK|
|Independent audit (**)||9.27||-||9.65||-|
|Release of attestations (***)||2.62||-||3.93||-|
|agreed audit procedures||0.09||-||0.41||-|
|consolidated non-financial statement||0.12||-||-||-|
(*) Group companies and other consolidated subsidiaries.
(**) Including costs for statutory audit and voluntary audit. Costs for audit of non-consolidated funds for about 9 million euro are not included.
(***) Including audit costs, on a voluntary basis, for "Pillar 3" disclosure.
Amounts net of VAT and reimbursed expenses and Consob contribution.
Last updated 28 March 2023 at 15:28:36