Relations between subsidiaries and JV Zongshen Piaggio Foshan Motorcycle Co. Ltd

Main intercompany relations between subsidiaries and JV Zongshen Piaggio Foshan Motorcycle Co. Ltd, refer to the following transactions:

Piaggio & C. S.p.A.

  • grants licences for rights to use the brand and technological know-how to Zongshen Piaggio Foshan Motorcycle Co. Ltd 

Zongshen Piaggio Foshan Motorcycle Co. Ltd

  • sells vehicles, spare parts and accessories, which it has manufactured in some cases, to the following companies for sale on their respective markets:
    • Piaggio Vietnam
    • Piaggio & C. S.p.A.   

Investments of members of the Board of Directors and members of the Control Committee

Members of the Board of Directors and members of the Control Committee of the Issuer do not hold shares in the Issuer.