Statute – Titolo II

ART. 4 (Members of the Consortium)Members of the Consortium are firms involved in the production of wine, sparkling wine and spirits r. A company wishing to join the Consortium must submit a written request to the Board of Directors with documentation attesting fulfillment of the admission requirements. In order to join the Consortium, firms must have a good reputation and must be fully aware of the assignments, responsibilities and duties associated with membership. Admission is subject to the approval of the Board of Directors, which will assess the requirements and decide whether to consent admission based on the regulations approved by the assembly. When admission is approved by the Council, admission is finalized on the applicant’s acceptance of this Statute and on presentation of a receipt confirming payment of the entrance fee and annual fee. ART. 5 (Members’ autonomy)Members retain their full autonomy and all accept total responsibility for risks of loss and proceeds deriving from their business activities. In accordance with Art. 2605 of the Civil Code, the Consortium may not interfere in the business activities of its member companies. The constitution and the legal form of the member companies are irrelevant to the Consortium provided that these are compatible with Italian law and with the Consortium aims, and provided that their their statutes are not in conflict with this Statute. ART. 6 (Fees and endowment fund)Members undertake to pay the annual membership agreed by the Board of Directors by January 31 each year. These payments, including admission fees, form the Consortium funds. During the life-span of the Consortium, members may not request division of these funds.