Price Sensitive Informations

The Procedures For Internal Managment And External Communications Of Price Sensitive Informations

On July 31, 2015 the Board of Directors adopted a procedure for the internal management and the external communication of price sensitive information.

The rules are aimed at keeping confidential information secret, while at the same time ensuring that the information regarding the Company and the Group made available to the market is correct, complete, adequate, timely, and non-selective.

The procedure also set forth specific rules to be followed when communicating outside the Group information regarding the Company and the Group – in particular for price sensitive information – and carefully regulate the ways in which Company and Group representatives deal with the press and other mass media (or financial analysts and institutional investors).