Prospectus - Notowania

If these provisions are violated, any resolutions made by the Shareholders’ Meeting
are subject to appeal, according to Article 237 of the Italian Civil Code, if the required
majority would not have been reached without said violation. The actions for which
the voting right may not be exercised are calculated so that the Shareholders’ Meeting
is duly constituted.
21.2.7. Information regarding any provisions in the Company’s Articles of Association
that establish a maximum shareholding above which it become necessary to notify
the public of the shares held
There are no provisions in the Articles of Association that establish a maximum
shareholding above which it become necessary to notify the public of the shares held.
21.2.8. Description of conditions in the Memorandum and Articles of Association for
modifying the share capital
Section 7 of the Articles of Association provides that in the event of an increase in
share capital, the terms and condition related to the issue of new date and the dates and
procedures for payment, other than those dictated by law, shall be resolved by the
Board of Directors. Requests to subscribers are made via public notices in national
newspapers, one of which a financial newspaper, without prejudice to specific legal
provisions.
Interest will accrue, with full rights, on late payments in the amount that shall be
established by the Board of Directors, and not greater than 3% more than the reference
interest rate calculated annually be the Banca d’Italia, without prejudice to legal
provisions regarding shareholders that do not make payments of the amount due and
notwithstanding the responsibility of the transferors of not fully paid-in shares.
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