CDP: Presentation of slates of candidates for the appointment of the corporate bodies of Terna Spa and proposals for the shareholders’ meeting

Rome, 30 April 2014 - Cassa depositi e prestiti Spa (CDP) announces that, in view of Terna’s shareholders’ meeting called for 27 May 2014, approved to recommend the following slates of candidates:

Board of Directors

1. Catia Bastioli*
2. Matteo Del Fante
3. Simona Camerano
4. Carlo Cerami*
5. Fabio Corsico*
6. Stefano Saglia*

(*) The candidate meets the independence requirements set out in the Consolidated Law on Financial Intermediation and in the Corporate Governance Code of listed companies.

Board of Statutory Auditors

Standing auditors

1. Vincenzo Simone
2. Alessandra Zunino de Pignier

Alternate auditors

1. Renata Ricotti
2. Cesare Mantegazza

CDP, – holding No. 599,999,999 Terna ordinary shares, equal to 29.851% of share capital – will submit to the shareholders' meeting the following proposals related to the renewal of Terna’s corporate bodies:

• To appoint Catia Bastioli as Chairman of the Board of Directors;
• To determine the number of nine members for the Board of Directors;
• To establish the term of office of three years for the directors, whose office will expire with the approval of 2016 financial statements;
• To confirm the gross annual remuneration payable to the members of the Board of Directors at euro 50,000 for the Chairman of the Board of Directors and at euro 35,000 for each of the other directors, plus the reimbursement of expenses incurred;
• To confirm the gross annual remuneration payable to the standing auditors at euro 55,000 for the Chairman of the Board of Statutory Auditors and at euro 45,000 for the other standing auditors, plus the reimbursement of expenses incurred.