Shareholders’ Meeting motions

The Shareholders’ Meeting, held on May 3, 2018:

1. approved the Directors’ Report prepared by the Board of Directors, the Financial Statements at December 31, 2017 and the explanatory notes thereto, as proposed by the Board of Directors
2. Approved the allocation of the 2017 net profit of a total amount of Euro 76,945,174.47, as follows:
   • Euro 70,300,000.00 as dividend to Shareholders, in the amount of Euro 0.2812 per share;
   • Euro 6,645,174.47 to the extraordinary reserve.
3. Fixed the dividend payment deadline as June 21, 2018, with any rounding on payment allocated to the extraordinary reserve.

The Chairman of the Board of Directors
Pietro Modiano