Town Council. The deed of incorporation and statute of the “Milano-Cortina 2026” foundation approved

Town Council. The deed of incorporation and statute of the “Milano-Cortina 2026” foundation approved

Milan, 5 December 2019 – With 35 votes in favour, one against and 3 abstentions, the City Council approved the deed of incorporation and statute of “Milano-Cortina 2026”, the organizing committee of the Winter Olympics which will have the legal form of a foundation based in Milan and will be made up of the Municipality of Milan, the Municipality of Cortina d'Ampezzo, the Lombardy Region, the Veneto Region, the C.O.N.I. and by the C.I.P..

The purpose of the foundation will be to "take care of the organization and conduct of the XXV Olympic Winter Games 2026 and the Paralympic Games, in implementation and in compliance with the provisions contained in the Olympic Charter, in the IOC Code of Ethics. and in the agreement signed in Lausanne on 24 June 2019".

To achieve its purpose, the Foundation will carry out all the management, organisation, promotion and communication activities of the sporting and institutional events relating to the holding of the Games. Its bodies are the Board of Directors, the Management Committee, the Board of Statutory Auditors and the Statutory Auditor.

The foundation will be dissolved with the approval of the financial statements on 31 December 2026, following the conclusion of the XXV Winter Olympic Games in 2026 and the Paralympic Games.

Updated: 05/12/2019