SNAI S.p.A.: appointment by co-option of the Director Sergio Ungaro

On November 12, 2012 the Board of Directors of SNAI S.p.A., appointed Mr. Sergio Ungaro as member of the Board to replace the resigning Mr. Marco Pierettori, according to art. 2386 of the Italian Civil Code.

On November 30, 2012 Mr. Sergio Ungaro accepted his appointment lasting until the next shareholders’ meeting.

According to current regolations applicable to listed companies, Mr. Ungaro is eligible to be appointed as member of the Board of Directors and he will be considered a non indipendent director.

Porcari (Lu), December 4, 2012