The corporate governance structure consists of a system of management and control and shareholder meetings. As required by law, the company's financial statements are audited by independent auditors.
Fiat has adopted a system of management and control based on a Board of Directors and a Board of Statutory Auditors. Under this structure, the Board of Directors – which is responsible for management and verification, both directly and through committees attributed specific propositive and advisory functions, of the existence of the necessary controls for monitoring the Company's performance – is supported by a body, external to the Board of Directors, which is attributed independent responsibilities and powers and whose members meet the requirements of professionalism, integrity, and independence established by law and the Company's By-laws.