Composition

Franco Maria Antonio D’Alfonso
Chairman
A law graduate from the University of Milan with an MBA from SDA Bocconi in Milan, Franco D’Alfonso has held various positions of responsibility in the public and private sectors, including those of CEO of Canale 5 Music (entertainment) and the Bopa Group (tourism), as well as Councillor for Commerce of the Municipality of Milan and Budget of the Metropolitan City of Milan.
In 1981 he began his career as a management consultant at Telos Management (today Deloitte Consulting) and in 1983 he joined Italtel Spa (telecommunications) as assistant to the General Manager and in 1984 the Fininvest group as assistant manager to the DG Rti (Television), where he held numerous positions as general manager of production and foreign sales, CEO of record companies, publishers and production in the entertainment sector.
In May 2022 he was appointed as a Board Member of SEA spa.

Luca Angelo Allievi
Director
After graduating in Law in Milan in 1983, he began his career in 1984 at the Legislative and Economic Studies Office of a national food industry association within Confindustria. From 1989, he served as Head of the Technical and Administrative Area in the Legal Department of 3M Italia Group, and from 1993, he held the position of Director of Legal and Corporate Affairs at the Otis Italia Group. In 1998, he became General Counsel and Head of Corporate Affairs at Polimeri Europa Group, and in 2000 joined the Autogrill Group, where in 2003 he was appointed Group General Counsel and Director of Legal, Corporate Affairs and Institutional Relations at the Ras Group (later Allianz). In 2008, he became Director of Legal and Regulatory Affairs at the A2A Group, and from 2015 until 2024, he served as Director of General Affairs at the 2i Rete Gas Group (Legal, Corporate and Sustainability, Regulatory, Tariffs, and Relations with Local Authorities).
He is currently a collaborator with Sorgenia and a board member of Tirreno Power. He has broad, cross-sector managerial experience and expertise in Corporate Governance in both listed and unlisted companies, serving as a member of Boards of Directors and/or Corporate Secretary roles.

Roberta Neri
Director
Roberta, graduated with honors in Economics and Business from La Sapienza University of Rome, began her career at Italsiel working on projects related to the information management of business procedures. Since 1991, she has been with Acea, first serving as Head of Planning and Control, then of Structured Finance, participating in the company's IPO in 1999. She later became Chief Financial Officer and, until 2009, played key roles in the group's growth strategy, particularly in the expansion of electric grid infrastructure, water distribution, purification, and waste-to-energy sectors, through both M&A operations and organic growth.
In 2009, she founded Byom, where, as CEO, she has been involved in investment activities as well as technical/financial advisory services in structuring operations for financial and industrial investors in the energy and infrastructure sectors.
In 2015, she was appointed CEO of Enav, where, until 2020, she managed, among other things, the company's IPO—the first of its kind in the sector globally. Since 2020, she has been an Operating Partner at Asterion Industrial Fund, a fund specializing in infrastructure investments in Europe in telecommunications, transport, energy, and other utilities.
Since 2020, the fund has carried out investments in Italy in the energy sector (including Sorgenia, jointly with F2I), telecommunications (Retelit and Iridios, now merged into Retelit), and transport (through the acquisition of 49% of 2i Aeroporti). She is currently Chair of the Board of Directors of Retelit and a Board Member of Sorgenia.
Since December 2024, in light of Asterion’s investment in the air transport sector in Italy, she has been a member of the Board of Directors of SEA (the airport management company for Linate and Malpensa), Gesac (Naples), Sagat (Turin), and AFVG, the company managing Trieste Airport. She is also a member of the Advisory Board of Equita, an independent Italian investment bank. She previously served as a Board Member of Ryanair Holdings Public Limited Company.
She has also been Chair of the Board of Directors of MPS Leasing & Factoring and a Board Member of doValue. She has served as a Board Member and Chair of the Risk and Related Parties Committee at Acea, as well as Board Member of Cementir and Autostrade Meridionali per l’Italia.
The Remuneration Committee – established in 2003 – performs, among other things, a propositional and consultative function towards the Board of Directors regarding the remuneration of directors and executives with strategic responsibilities, in particular by examining and approving the general guidelines and operational directions and making proposals to the Board concerning the remuneration of executive directors and those holding special offices, as well as the remuneration policy for directors and executives with strategic responsibilities.
On December 20, 2016, the Board of Directors extended the prerogatives of the Committee, changing its name to the Remuneration and Nomination Committee, assigning it consultative and propositional functions towards the same Board also regarding the composition of the administrative body of the Parent Company and its subsidiaries, the replacement of independent directors in case of co-option, any waivers of the non-competition obligation for directors, and the preparation of possible succession plans for board members. The Remuneration and Nomination Committee is composed of three non-executive Board Directors.
Currently, the Remuneration and Nomination Committee is composed of:
- Franco D'Alfonso
- Luca Angelo Allievi
- Roberta Neri
The Committee is chaired by Director Franco D’Alfonso. The Chairman of the Board of Statutory Auditors or another member of the Board of Statutory Auditors attends the meetings of the Remuneration and Nomination Committee. The composition, functioning, organization, and activities of the Remuneration and Nomination Committee are governed by regulations most recently amended by resolution of the Board of Directors on July 27, 2022.
On June 11, 2025, the Board of Directors resolved to grant the Chairman of the Remuneration and Nomination Committee a gross annual compensation of Euro 20,000 and each of the other members of the Committee a gross annual compensation of Euro 10,000.