May 26, 2026
Mutual termination effective30 september 2026 of the employment relationship with the General Manager Corporate And Finance, Mr Massimo Ferrari
Milan, 26 May 2026 – Webuild announces that it has reached an agreement with Mr Massimo Ferrari, General Manager and Officer in charge of drafting the Company’s accounting documents, for the mutual termination of his employment relationship, motivated by personal reasons and new life and professional projects.
The termination will be effective as of 30 September 2026, following the approval of the Half-Year Financial Report in his capacity as Officer in charge of drafting the Company’s accounting documents, with a view to ensuring full operational continuity and an orderly handover of responsibilities.
The relationship between the Company and Mr Ferrari concludes in a spirit of full cooperation and mutual satisfaction, at the end of nearly fifteen years of a shared professional journey during which the manager made a significant contribution to the development and strengthening of the Group.
The agreement includes:
- non-compete agreements;
- lock-up obligations relating to the shares held;
- non-solicitation agreements;
all in compliance with the Remuneration Policy most recently approved by the Shareholders’ Meeting on 29 April 2026.
In addition, a strategic advisory engagement in favour of the Chief Executive Officer is envisaged for a period of three years, with reference to matters within his area of expertise.
The transaction was approved today by the Board of Directors of Webuild, following the favourable opinion of the Nomination and Remuneration Committee and, as a related-party transaction of lesser significance, of the Related Parties Committee.
Chief Executive Officer Pietro Salini stated: “I would like to personally thank Massimo Ferrari for the extraordinary contribution he has delivered over the years to our Group. Our shared journey has been marked by professionalism, loyalty and a common vision. The continuation of our collaboration in an advisory capacity reflects the strength of the relationship built over time and will enable the Company to continue benefiting from his experience.”
As of today, based on the information available to the Company, Mr Massimo Ferrari holds no. 1,198,599 shares in the Company.