Juventus Shareholders’ Meeting approves financial report, new oversight board and performance plan

The Juventus Football Club S.p.A. held its annual Shareholders’ Meeting today under the chairmanship of Gianluca Ferrero.

Convened at the club’s headquarters in Turin, the meeting addressed a series of financial, administrative, and governance topics on its agenda.

Approval of 2023/2024 Financial Statements

The assembly approved the financial report for the fiscal year ending June 30, 2024, which closed with a €199.2 million loss. This deficit will be covered through the company’s share premium reserve.

The consolidated financial statements were also presented, providing an overview of Juventus’ broader financial position. Full details are accessible in the club’s Annual Financial Report, available at Juventus’ legal headquarters in Turin and online.

Appointment of New Board of Statutory Auditors

A key focus of the assembly was the renewal of Juventus’ Board of Statutory Auditors for the 2024–2027 term. The board members appointed, based on a proposal from majority shareholder EXOR N.V., are:

• Roberto Spada (Chairman)
• Maria Luisa Mosconi (Statutory Auditor)
• Roberto Petrignani (Statutory Auditor)
• Stefania Bettoni (Alternate Auditor)
• Guido Giovando (Alternate Auditor)

The proposal passed with overwhelming support, receiving 99.98% of votes. Juventus has set an annual remuneration of €30,000 for the board chair and €20,000 for each statutory auditor.

Approval of 2024/2025-2028/2029 Performance Shares Plan

The assembly also approved the “2024/2025-2028/2029 Performance Shares Plan.” The initiative is aimed at incentivizing Juventus’ executives and key personnel through performance-based shares.

The program’s goals, which span from July 1, 2024, to June 30, 2029, are tied to achieving specific financial, environmental, social, and corporate governance (ESG) benchmarks.

In addition to approving the plan, shareholders authorized the repurchase of up to 1 million shares over an 18-month period.

This strategic move allows the club flexibility in managing its capital and aligning interests with shareholders. At present, neither Juventus nor its subsidiaries hold treasury shares.

Remuneration Policy and Shareholders’ Rights

Shareholders approved the 2024 Remuneration Policy, which governs executive compensation. They also ratified amendments to Juventus’ bylaws, allowing future shareholder participation and voting exclusively through a designated representative, as per legislative guidelines.

The Shareholders’ Meeting reflected Juventus’ commitment to transparency, strategic oversight, and alignment with its long-term objectives. Full documentation and updates from the meeting are accessible on the official Juventus website.