Salini Impregilo S.p.A. (“Salini Impregilo”) informs that today it filed the merger by incorporation project of S.G.F. - I.N.C. S.p.A. - (“SGF”) into Salini Impregilo at Milan’s Business Registry, as it was approved by the Board of Directors of both companies.

This operation is part of the alignment process to simplify the Group's corporate structure.

The company that is being incorporated is already totally controlled by Salini Impregilo. Pursuant to Article 2505 of the Italian Civil Code, the merger will be carried out in simplified form, therefore without share swap, capital increase for the incorporating company or any change to the Bylaws of Salini Impregilo. Moreover, as established by this same Article and by Article 24 of the Bylaws, the decision regarding the merger will be implemented by the Board of Directors of Salini Impregilo.

The merger is also exempt from implementing the Procedure to regulate Related Party Transactions of Salini Impregilo, as it involves a subsidiary, and there are no significant interests of other related parties of Salini Impregilo; the company is also exempt from publishing the informative document pursuant to Article 70 of the Consob Issuers' Regulation no. 11971/1999, as it is not required by Law.

The merger will be effective, pursuant to the Law, starting from the last registration of the merger at the Business Registry or from the subsequent date that will be established in the deed of merger.

The documentation related to the merger, composed of (i) the merger project, (ii) the Interim Financial Report as at June 30, 2017 of Salini Impregilo and (iii) the financial position of SGF as at June 30, 2017, is available to the public at the company's registered office, on the company website (http://www.webuildgroup.com - Governance/Other Governance Documents") and on the authorized storage system 1info (www.1info.it).

The Financial Reports of the last 3 years are also available at the registered offices of the companies participating in the merger.