Reply SpA

Report on operations
Corporate Governance
Reply Group adopted and adheres to the Corporate Governance Code for Italian Listed Companies issued in March
2006, with additions and amendments related to the specific characteristics of the Group.
The Annual Report on Corporate Governance which provides a general description of the corporate governance system
adopted by the company is annexed here within and is accessible on the company website www.reply.eu (Investors
section) where the full document related to corporate governance adopted by the company is available.
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