A Public Company

OVERVIEW

What it means for us to be a Public Company

Being a public company with a broad shareholder base consisting of global institutional investors is an integral part of our identity. It means that our Board of Directors interfaces with shareholders and other stakeholders with a view to promoting transparency, meritocracy and ethical conduct, and applies these values throughout the organization on a daily basis. We believe that this approach allows us to support our customers and stakeholders, creating a relationship of trust and responsibility and enabling us to evolve and operate in the market at levels of excellence.

SHARE OWNERSHIP BY SHAREHOLDERS
Source Nasdaq, December 2021
 
SHARE OWNERSHIP BY TYPE
Source Nasdaq, December 2021
 
Many companies shares held by non-institutional investors and by third-party holders of shares for trading purposes
INSTITUTIONAL INVESTORS BY GEOGRAPHICAL AREA
Source Nasdaq, December 2021
 
SHARE OWNERSHIP SIGNIFICANT SHAREHOLDERS INSTITUTIONAL INVESTORS BY GEOGRAPHICAL AREA
81.6% Institutional Investors 7.4% BlackRock. Inc. 30% US
8.3% Retail 4.7% UBS AG 27% UK
1.8% Treasury shares 4.1% T. Rowe Price Group. Inc. 12% France
3.0% Employees + Management 4.5% Crédit Agricole S.A. 7% Italy
5.3% Other 3.2% Sun Life Financial, Inc. 4% Sweden
- 3.7% AXA S.A. 16% RoE
- 2.2% Schroders PLC 4% RoW
- 2.9% The Vanguard Group. Inc. -
- 64.6% Other -

Source Nasdaq, December 2021

A true public company

Prysmian is one of Italy’s few global industrial manufacturers to have achieved true public company status in recent years. Listed on the Milan Stock Exchange in 2007, the company’s free float is equal to 100% of capital, of which around 78% is held by institutional investors. At the end of 2020, significant shareholdings (in excess of 3%) accounted for approximately 26% of total share capital, meaning there were no majority or controlling interests. We therefore strive to comply with the highest international standards of governance. For example, 67% of Board members are independent and 42% are women.

INVESTORS

Staying close to our stakeholders

Being a public company means we must stay close to our stakeholders. Our Board of Directors provides clear and transparent communication of our strategic and financial operations, always acting in line with current rules and procedures relating to best practice.

We conduct hundreds of meetings yearly with the financial community and our other stakeholders. Our quarterly results and all relevant information are always promptly communicated to all our shareholders, financial analysts and specialists.