The shareholders are summoned to an extraordinary shareholders' meeting at the registered office of the Company in Volpiano, street Brandizzo 130, on first call for October 21, 2015 at 2.30 pm and, if necessary, on second call for November 2, 2015 themselves and now, to deliberate on the following agenda

- 1. Proposal for statutory changes: art. 1 (Company name), art. 2 (Registered office) art. 4 (Corporate purpose) - reformulation, art. 5 (Share capital), art. 7 (Shareholder Financing) - repeal, art. 8 (Bonds), art. 9 (General Provisions), art. 10 (Method of calling meetings), art. 11 Right to intervene in the Assembly), art. 12 (Procedures for conducting the Meetings), article 13 (Competences of the Ordinary Meeting); art. 14 (Quorum constitutive and deliberative of the Ordinary Assembly) - repeal; art. 15 (Competences of the Extraordinary Meeting); art. 16 (Quorum constitutive and deliberative of the Extraordinary Assembly - repeal; art. 17 (Appeal of the resolutions); art.18 (Board of Directors of the Company); art.19 (Appointment, substitution and term of office of the members of the Board of Directors ), Article 20 (Meetings of the Board of Directors of the Company - Method of calling), Article 21 (Responsibilities of the Board of Directors of the Company - Resolution quorum), Article 22 (Appeals against resolutions of the Board of Directors) - repeal Article 23 (Causes of forfeiture) Article 24 (Action for liability exercised by the shareholders and denunciation to the court) - repeal Article 25 (Legal representation) Article 26 (Board of Statutory Auditors) Article 27 (Corporate Year ), Article 28 (Company Financial Statements), Article 29 (Allocation of operating profits), Article 30 (Withdrawal - Causes of withdrawal), Article 31 (Terms and methods for exercising the right of withdrawal) - repeal, Article 32 (Criteria for determining nation of the value of the shares in case of withdrawal) - repeal; art. 33 (Liquidation procedure in case of withdrawal) - repeal; art. 34 (Redeemable shares) - repeal; art. 35 (Dissolution of the Company); art. 36 (Liquidation of the Company); art. 37 (Domicile of shareholders); art. 38 (Partial nullity) - repeal; art. 39 (Final provision); art. 40 (Competent Court), renumbering of the articles of the by-laws, inherent and consequent resolutions.

- 2. Issue of 19,712 Participating Financial Instruments (SFPs), for a total amount of Euro 88,705,026.10, replacing 98,561,185 SFPs issued on 30 October 2009 and adoption of the new SFP Regulations .

The shareholders with suitable certification for which the communication was sent by the authorized intermediary will have the right to attend the meeting at least two days before the date of the meeting.

Volpiano, 13 October 2015
For the Board of Directors The President - dott. Corrado Ariaudo