BOARD DIRECTOR RESIGNS

February 25, 2016 – Director, Ms Laura Cioli on February 24, 2016 communicated her immediate resignation from her mandate as Independent Director due to responsibilities in other companies.

The Chairman and the Chief Executive Officer, even on behalf of the whole Board of Directors, would like to sincerely thank Ms Laura Cioli for her contribution, which connoted professionalism and independence, wishing her success in her new professional challenges.