Press release

Proposals for the renewal of Fincantieri’s Board of Directors

Rome, 17 May 2016 Cassa depositi e prestiti Spa (CDP) announces that, in view of the renewal of Fincantieri Spa’s Board of Directors on the agenda of next shareholders’ meeting called for 19 May 2016, Fintecna Spa (controlled by CDP and direct shareholder with a 71.

Rome, 17 May 2016

Cassa depositi e prestiti Spa (CDP) announces that, in view of the renewal of Fincantieri Spa’s Board of Directors on the agenda of next shareholders’ meeting called for 19 May 2016, Fintecna Spa (controlled by CDP and direct shareholder with a 71.64% stake in Fincantieri), will submit to the shareholders' meeting the following proposals:

To set the number of directors to be appointed at nine;
to appoint as directors – in addition to the candidates included in the list presented by Fintecna (1. Nicoletta Giadrossi*, 2. Simone Anichini*, 3. Donatella Treu*, 4. Giuseppe Bono, 5. Fabrizio Palermo) – Giampiero Massolo and Massimiliano Cesare* (the latter already a member of Fincantieri’s Board of Directors)
to appoint Giampiero Massolo as Chairman of the Board of Directors
to set the term of office for the directors to be appointed at three financial years, expiring on the date of the shareholders’ meeting that will be called to approve the financial statements as at 31 December 2018
to confirm the gross annual remuneration due to the members of the Board of Directors at €40,000 for the Chairman of the Board of Directors and at €27,000 for each of the other directors, plus reimbursement of expenses incurred.

(*) Candidates who declared they met the independence requirements set out in Articles 147-ter, paragraph 4, and 148, paragraph 3, of Legislative Decree 58 of 24 February 1998 (Consolidated Law on Financial Intermediation), and in Article 3 of the Corporate Governance Code of listed companies.