Reply SpA

Statutory financial statements at December 31, 2010
7. Additional engagements conferred to the independent audit firm and related charges
In the financial year under review the following additional engagements were conferred to Deloitte & Touche S.p.A.
– the outgoing audit firm whose engagement expired with the audit of the 31 December 2009 financial statements:
Assistance in filing of tax return of the Parent Company. Fee for execution of this service amounted to 5,000 Euros.
Assistance in filing of tax return of the subsidiary companies. Fee for execution of this service amounted to 23,355
Euros.
In 2010 no additional engagements were conferred to Reconta Ernst & Young S.p.A- company which carried out the
auditing of the 2010 financial statements.
8. Assignments to parties connected to the engaged Auditing firm through continuous working relationship and their
related costs
The Company did not confer any assignments to parties connected by continuous working relationships with the
Auditing firm Reconta Ernst & Young S.p.A.
9. Existence of opinions issued during the year
During 2010, in accordance to the Italian law, opinions were issued by the Statutory Auditors.
10. Indication of the frequency and number of meetings of the Board of Directors, the Executive Committee and the Board of
Statutory Auditors
In 2010 the Board of Directors met. 6 times, and the Statutory Auditors held 8 meetings.
The Internal Control committee met 4 times and the Remuneration Committee met 1 time.
The Board of Statutory Auditors participated in all the Board of Directors meetings and through its President in the
Internal Control Committee meetings.
11. Instructions given by the company to its subsidiaries in accordance with art. 114, paragraph 2 of Law Decree 58/1998
Instructions given to the subsidiary companies, in accordance to paragraph 2, art.114 of Law Decree 58/1998,
seem to be adequate and the same subsidiaries provided Reply S.p.A. with timely and appropriate information
concerning the companies’ activities.
In this regards, we inform You that in order to guarantee the timeliness of the information requested, the Chief
Executive Officer of Reply S.p.A., Mr. Sergio Ingegnatti, until January 22, 2010 covered all the duties of director in
all the corporate bodies of the Italian subsidiary companies.
We also inform You that Mr. Mario Rizzante, Chairman of the Board of Directors of Reply S.p.A., holds office as
Chairman of the Supervisory Board of syskoplan AG and Director in the English subsidiary company Glue Reply Ltd.
12. Significant matters arising from the meetings held with the auditors pursuant to art. 150, paragraph 3, Italian Legislative
Decree 58/1998
During the meetings held with the Auditing firm’s representatives, no significant matters worthy of mention arose.
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