With regard to the list for the appointment of the Board of Directors submitted by the controlling shareholder Fininvest S.p.A., notice is hereby given that, on today’s date, candidate Alessandra Piccinino has announced that she can no longer accept her nomination owing to sudden commitments. Alessandra Piccinino has, therefore, declared that she henceforth renounces her nomination to the position of director of the Company.

Additionally, shareholder Fininvest S.p.A. has announced, pursuant to art. 9 of the Corporate Governance Code, its intention to propose to the Shareholders’ Meeting that the Board of Directors be composed of 14 members, in accordance with the provisions of the bylaws.