Each year the Company's Board of Directors issues a report on Corporate Governance and Ownership structure.  Manuli Ryco have offices across the world and we are committed to long term customer support on a global scale. The current Board of Statutory Auditors was appointed for a three-year term and will remain in office until the approval of the financial statements. Manuli Ryco S.p.A. adopted a system of rules, defined as Organizational, Management and Control Model, in observance of the Italian law. The current Board of Directors was appointed for a three-year term and will remain in office until the approval of the financial statements. Manuli Ryco has established a process for the receipt, analysis and processing of reports, in order to prevent and combat unlawful or unethical behaviour.