Relations with institutions and public authorities

“Relations between the Pirelli Group and public authorities at local, national, and supranational levels are characterized by full and active cooperation, transparency, and due recognition of their mutual independence, economic targets, and the values in this Code.

The Pirelli Group intends to contribute to the prosperity and growth of the communities it operates in by providing efficient and technologically advanced services. The Pirelli Group endorses and, where appropriate, gives support to educational, cultural, and social initiatives for promoting personal development and improving living standards.

The Pirelli Group does not provide contributions, advantages, or other benefits to political parties or trade union organizations, or to their representatives or candidates, this without prejudice to its compliance with any relevant legislation.”
(The Values and Ethical Code – The Wider Community)

In all countries where Pirelli operates, the aim of its institutional relations is focused on the creation of stable, long-term relations with institutions. The purpose of doing so is to legitimately represent Group interests through, inter alia, participation in the various phases of the public decision-making process.

All activities are characterised by maximum transparency, legitimate authority and responsibility for all information that is published and all actions taken by the Group in its institutional relations.

When it develops its institutional relations, Pirelli begins by carefully analysing the legislative and regulatory context, in order to determine possible implications of interest.

In order to guarantee the most adequate comprehension of the activities performed and interests represented, institutional interlocutors are engaged through a constant flow of information about the industrial identity of Pirelli , its principal business activities, the development of new process and product technologies, and elements of economic, environmental and social sustainability.

Accordingly, Pirelli also promotes and undertakes numerous projects and initiatives in collaboration with institutions to support issues of public interest that are specifically related to road safety and other issues concerning social and environmental sustainability.

The far-flung nature of Pirelli Group industrial and economic interests demands extensive articulation of institutional relations at the national, European Union and international levels.

In Italy, the Group interacts in a system of relations involving numerous institutional bodies at both the national and regional levels. At the parliamentary level, it analyses draft legislation affecting the Group, focusing on the initiatives taken by the standing committees of the lower house of Parliament and the Senate, and occasionally offering support to parliamentary activity in the form of specialised information and analyses concerning the Group’s activities. At the government level, Pirelli maintains constant relations with the Prime Minister’s Office and the principal ministries and related governmental entities that have an impact on the Group. At the regional level, Pirelli dedicates special attention to relations with governmental bodies in the Regions of Piedmont and Lombardy, where Pirelli owns major production plants.

The issues that are studied in greatest detail during meetings with public institutions have included, inter alia, industrial development projects, appropriate initiatives and procedures for improving road safety, concerning the use of tyres, employment, and various opportunities for financing investment, scientific research and technology projects.

On March 19, 2011, the President of the Italian Republic, Giorgio Napolitano, and his wife Clio, accompanied by the Chairman of the Board of Directors of Pirelli , Marco Tronchetti Provera, visited the new industrial technological centre at Settimo Torinese, where Pirelli has operated for over 60 years.

Other participants during this visit included the President of the Region of Piedmont, Roberto Cota, the President of the Province of Turin, Antonio Saitta, the Mayor of Settimo Torinese, Aldo Corgiat Loia, and the Prefect of Turin, Alberto Di Pace.

On May 19, 2011 the Group Chairman, Marco Tronchetti Provera, appeared before the Fifth Parliamentary Select Committee for the Budget, Treasury and Planning of the lower house of Parliament as part of the study “on effective spending and policies in support of underutilised areas,” illustrating the history of construction of the Settimo Torinese Industrial Centre and describing its characteristics.

At the lower house of Parliament on October 6, 2011, a protocol of understanding between Pirelli, the Home Affairs Ministry and the Education, University and Research Ministry was signed for the development of joint activities aimed at reducing road accidents.
During the ceremony at the lower house of Parliament, an educational video on highway safety was presented. This video was produced in collaboration with the National Police and targets high school students.

Relations with European institutions – the European Commission, Council and Parliament – are also considered extremely important. Here again, activities are characterised by maximum transparency and fairness in view of participating in the process of making adequate and informed legislative choices through the distribution of specialised information and analyses. The Pirelli Group is entered in the European Transparency Register, established and managed by the European Parliament and European Commission in view of further improving transparent decision-making in the European Union.

Pirelli has operated for over a century in various regions around the world. This has meant constant management of institutional relations that are expressed in all nations where the Group has industrial interests. In view of promoting widespread institutional involvement in development processes, Pire - lli sponsors meetings, projects and public initiatives with its principal institutional interlocutors.

In Mexico City in April, Pirelli Group Chairman Marco Tronchetti Provera, accompanied by Chief Operating Officer Francesco Gori, presented the new project for the high-end tyre production plant for the NAFTA market to the President of Mexico, Felipe Calderon. Subsequently, the Governor of the State of Guanjuato presided at the cornerstone laying ceremony for construction of the new plant at Silao.

On August 30, 2011, Romanian Prime Minister Emil Boc inaugurated the Pirelli tyre factory expansion at Slatina together with Group Chairman Marco Tronchetti Provera.

The ceremony was attended by the Italian Ambassador to Bucharest, Mario Cospito, the Romanian Secretary of State for Finance, Bogdan Dragoi, the Secretary of State for Economic Affairs, Karoly Borbely, the Prefect of the Olt Region, Leonid Moisiu, and the Mayor of Slatina, Darius Valcov. The following day, Marco Tronchetti Provera illustrated the activities and developments if Pirelli ’s industrial presence in Romania to President Traian Basescu.

During a meeting held in Buenos Aires in November 2011, at the Residencia Presidencial de Olivos, the Argentine President, Cristina Fernández de Kirchner, the Minister of Industry Débora Giorgi, and Pirelli Chairman Marco Tronchetti Provera announced the project to build a new plant for fabrication of radial truck tyres. The site aims to reinforce the leadership already held by Pirelli in South America and is part of the strategy that over the last several years has seen its direct industrial presence steadily increase in markets that, like Argentina, are characterised by higher growth rates and competitive industrial costs.