Governance and Control
Fluidra’s Communication and Public Affairs Department (reporting to the CEO) is responsible for leading actions in this area, in line with the priorities of the company’s Strategic Plan, its bylaws and policies, as well as its sustainability commitments, ensuring coherence at all times between its positions and corporate values.
At the beginning of each year, Fluidra’s Communication and Public Affairs Department defines the engagement strategy with key institutional stakeholders. This strategy is submitted to the Board of Directors to monitor and evaluate the results achieved.
Furthermore, in order to ensure integrity and regulatory compliance, Public Affairs interactions and activities are supervised in accordance with the company’s internal procedures. In particular, initiatives that may involve compliance risks must be reviewed and approved in advance by the Compliance Coordinating Committee, which ensures the prevention of any improper practice, including influence peddling or illegal financing of political parties.
Fluidra establishes internal controls over the individuals authorized to participate in Public Affairs activities on behalf of the company. These individuals generally belong to the Communication and Public Affairs Department or to those areas which, due to their technical expertise, participate in regulatory processes or public consultations.
The company encourages these individuals to have adequate knowledge of applicable ethical, regulatory, and good governance principles, particularly in relation to compliance, integrity, and relations with public administrations. Their conduct is also governed by the Code of Ethics and the company’s internal policies.
Finally, Fluidra reports annually on the actions carried out in the area of Public Affairs through its Integrated Annual Report.
Fluidra’s Regulatory Framework on Public Affairs
Governance Regarding Registration in Transparency Registers
The decision to register Fluidra in transparency or interest-representation registers is adopted centrally by the Communication and Public Affairs Department, in coordination with the Legal Department and the Compliance area. This decision is based on an analysis of applicable regulatory requirements in each jurisdiction, as well as materiality criteria, level of institutional activity, and reputational risks.
Likewise, the Compliance and Legal area oversees compliance with the obligations arising from these registers, including updating information and verifying its adequacy to current regulations.
