Mare Group Moves to Reshape Governance at Eles Ahead of Shareholders’ Meeting

Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an announcement.

Mare Group S.p.A., an engineering company listed on Euronext Growth Milan and focused on innovation through enabling technologies in Italy and abroad, has moved to assert an active governance role at Eles Semiconductor Equipment S.p.A. ahead of its March 2026 shareholders’ meeting. The company requested stricter verification of voting entitlements, particularly in relation to Italy’s golden power rules, and asked Eles to update proxy forms so shareholders can issue clear voting instructions on all agenda items, including recently added points.

In parallel, Mare Group has put forward a slate of high-profile candidates to reshape Eles’ board, proposing three new independent directors with deep experience in finance, governance, technology and industrial integration, and suggesting a seasoned executive, Alfonso Cefaliello, to replace the previously co-opted independent director. The move underscores Mare Group’s push to influence Eles’ strategic direction and governance structure, potentially strengthening oversight and aligning the semiconductor equipment company more closely with Mare Group’s industrial and innovation-focused agenda.

More about Mare Engineering Group SpA

Mare Group S.p.A. is an Italian high-tech engineering hub listed on Euronext Growth Milan, active in aerospace and defense, industry, critical infrastructures and the twin transition. Operating with an asset-light model based on proprietary platforms, it serves over 2,000 clients, has completed more than 30 research projects with Italian and foreign universities, executed 19 acquisitions, and employs over 700 people across 32 offices in five countries, positioning itself as a leading aggregator of innovation in Italy and Europe.

Average Trading Volume: 16,657

Technical Sentiment Signal: Hold

Current Market Cap: €71.46M

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