Seco Proposes Bylaw Changes to Align Board Election Rules With New Regulations

• Seco’s board seeks shareholder approval for bylaw amendments covering director elections and shareholder meeting procedures at the November 24, 2026 extraordinary meeting.
• Minority shareholders would receive 20% of board seats, rounded up, if the board’s candidate list wins the most votes.
• Board-sponsored lists would require support from two-thirds of directors and filing at least 40 days before the election meeting.
• The proposals would permit exclusively remote meetings or participation solely through a designated representative, subject to regulatory requirements and internal rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seco S.p.A. published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.