Corporate Governance

BOARD OF DIRECTORS:

MELO HILI

Chairman

Melo Hili joined the family business in 1988 and was appointed Managing Director of Motherwell Bridge, then a joint venture with Motherwell Bridge Group of Scotland. He later also headed the company’s Italian operation and was a board member of Motherwell Bridge Bhicam in the Bahamas. Mr Hili was named Developmental Licencee for McDonald’s in Malta in 2005, for Estonia, Latvia and Lithuania in 2007, for Greece in 2011, and for Romania in 2016. He is Chief Executive Officer of Premier Capital plc’s parent company Hili Ventures Limited.

VICTOR TEDESCO

Executive Director

Victor Tedesco joined the McDonald’s team in Malta before the first of nine restaurants opened on the island in 1995. He was St Julian’s restaurant manager in Malta for three years during which time he won a Manager of the Year award. Mr Tedesco was later appointed Operations Manager and moved to head office. In 2007, he was appointed Director of Operations for the Baltics and moved to Riga for three and a half years. In 2011, he was entrusted with leading the operation in the newly acquired Greek market. He returned to Malta in 2014 as Managing Director for Malta and Greece. He assumed responsibility for all six McDonald’s markets in 2015 and now holds the position of Chief Executive Officer of Premier Capital. Mr Tedesco was appointed to the Board of Directors of Premier Capital plc’s parent company Hili Ventures Limited in 2018, and Chairman of HV Hospitality, another subsidiary, in 2019.

VALENTIN-ALEXANDRU TRUTA

Non-executive Director

Valentin Truta was appointed General Counsel at Premier Capital plc’s parent Hili Ventures Limited in 2016 and moved to Malta from his home country Romania where he was General Counsel and Local Compliance Lead at Premier Restaurants Romania. Prior to joining McDonald’s in Romania in 2010, Mr Truta enjoyed a successful legal career holding various senior roles. He graduated from Nicolae Titulescu University in Bucharest and obtained his Master’s in Business Law a year later. Mr Truta completed an Executive Management Programme from the WHU – Otto Beisheim School of Management in Germany. Mr Truta is a Member of the Audit Committee of Premier Capital plc

MASSIMILIANO EUGENIO LUPICA

Independent Non-Executive Director

Massimiliano Lupica has worked in the McDonald’s System for more than 20 years. He started his career as a Trainee Manager in 1990 and went on to lead restaurant teams in Rome, Bergamo and Milan as Store Manager. He later held several roles including Business Consultant, Director of Field Service for central and southern Italian, and Regional Director for southern Italy leading the training, finance, operations and development teams of the region. In 2012, Mr Lupica became a McDonald’s franchisee and opened three restaurants. Mr Lupica completed programmes at the Hamburger University at both the Chicago and London campuses, and also studied at SDA Bocconi in Milan in partnership with HU. Mr Lupica is Chairman of the Audit Committee of Premier Capital plc.

Karen Pace

Independent Non-Executive Director

Karen Pace is a Certified Public Accountant and holds a Practising Certificate in Auditing in Malta. Ms Pace graduated as an Accountant in Malta in 2001 and practised in the audit function within the Deloitte professional network in Malta, Luxembourg and New York for 16 years. In the US and Luxembourg, Ms Pace served some of the larger players in the global asset management industry, while her audit experience in Malta encompassed a variety of industries including real estate and consumer products. During her time overseas, Ms Pace also qualified as a Reviseur D’Entreprises in Luxembourg and a US-Certified Public Accountant. Ms Pace holds an executive position within the financial services industry which focuses on regulatory compliance and internal audit of regulated collective investment schemes and licensed investment services providers operating in Malta. Ms Pace is a Member of the Audit Committee of Premier Capital plc.

AUDIT COMMITTEE:

Massimiliano Eugenio Lupica

Chairman

Karen Pace

Member

Valentin-Alexandru Truta

Member

The Company Secretary is Dorian Desira.
The Company Auditors are Grant Thornton.

Bond Issue