Sustainability Channel

PIRELLI & C. AMBIENTE AND CLEAN DIESEL TECHNOLOGIES, INC. FORM JV TO MARKET AND SELL EMISSION CONTROL PRODUCTS IN EUROPE AND THE CIS COUNTRIES

Ventura (California), Milan (Italy), Feb 20, 2013 – Pirelli & C. Ambiente SpA and Clean Diesel Technologies, Inc. (NASDAQ:CDTI) (CDTi) today announced the signing of an agreement to form a joint venture company to market and sell emissions control products for both gasoline and diesel applications in Europe and the CIS countries. The new joint venture company, Eco Emission Enterprise Srl, will be located in Milan, Italy, and is expected to begin operations in March 2013.

Through the joint venture, CDTi and Pirelli aim to consolidate their leadership in supplying solutions to control polluting emissions for the on-road and off-road heavy and light duty markets, both in the Original Equipment and After Market segments. In addition, the two companies intend to enhance the synergies deriving from the joint venture through eventual joint initiatives. The agreement entails the supply to the joint venture of silicon carbide substrates by Pirelli & C. Eco Technology RO (Romania) and emission control solutions by CDTi. Eco Emission Enterprise Srl, which will have an international management team, will operate as the commercial arm for both partners on the European market.

“We take great pride in forming a strategic joint venture with Pirelli, a globally-renowned multinational company with leading technologies and products,” said Craig Breese, Chief Executive Officer of CDTi. “The formation of the joint venture enhances our combined product portfolios and capabilities and aligns well with both companies’ business development strategy. This agreement expands and enhances CDTi’s presence in Europe and leverages Pirelli’s longstanding OEM relationships and rich history as a global leader in the European market, making them the perfect partner for CDTi.”

“With their high level of technological expertise and long experience in emissions’ control systems, CDTi is an ideal partner with whom to develop commercial initiatives for the distribution of our products. The joint venture is a first step and will allow us to develop important synergies and expand our markets of reference, as well offering our clients an ever more complete range of products with high level technological components,” said Giorgio Bruno, Chief Executive Officer of Pirelli & C. Ambiente.

CDTi is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused on the heavy duty diesel and light duty vehicle markets. CDTi utilizes its proprietary patented Mixed Phase Catalyst (MPC®) technology, as well as its ARIS® selective catalytic reduction, Platinum Plus® fuel-borne catalyst, and other technologies to provide high-value sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road engine applications. CDTi is headquartered in Ventura, California and currently has operations in the U.S., Canada, U.K., France, Japan and Sweden.

Pirelli & C. Ambiente S.p.A provides solutions for sustainable development in relation to energy production. This includes alternative combustion fuels such as CDR-P, a high quality combustible derived from solid urban waste, as well as photovoltaic and wind installations through its indirect holding in Greentech Energy Systems A/S. Pirelli & C. Eco Technology RO (Romania), develops and produces environmental solutions principally based on silicon carbide. Both companies are 100%-owned units of the Pirelli Group.

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Pirelli, Russian Technologies joint venture launches technologically advanced second production line at Voronezh

WITH 56 MILLION EURO INVESTED SO FAR, THE VORONEZH TYRE PLANT IS THE MOST MODERN TYRE PRODUCTION FACTORY IN RUSSIA. A FURTHER 44 MILLION EURO PLANNED INVESTMENT BY 2015

TOTAL INVESTMENT BY 2015 WILL BE 100 MILLION EURO, AS ALREADY ANNOUNCED TO THE MARKET

LAUNCH ATTENDED BY RUSSIA’S MINISTER OF INDUSTRY AND TRADE DMITRY MANTUROV, VORONEZH’S REGIONAL GOVERNOR ALEXANDER GORDEEV, RUSSIAN TECHNOLOGIES’ GENERAL DIRECTOR S.V. CHEMESOV, PIRELLI CHAIRMAN AND CEO MARCO TRONCHETTI PROVERA

Pirelli SpA and Russian Technologies today announced the launch of a second production line at their joint venture’s Voronezh plant in southwest Russia. The new production line – Voronezh 2 – has been upgraded to Pirelli’s advanced technological standards and will enable the production, from March 2013, of the compounds needed to produce Pirelli premium high performance tyres, especially for the Winter segment.

The launch ceremony was attended by Minister of Industry and Trade of the Russian Federation Dmitry Manturov and the Regional Governor of Voronezh Alexander Gordeev, as well as Russian Technologies General Director Mr. S.V. Chemesov and the Chairman and CEO of Pirelli Mr. Marco Tronchetti Provera.

The plant’s modernization included the installation of new equipment, fully compliant with Pirelli’s quality standards, and required an investment of about 56 million euro in 2012. As well, the specialists at Voronezh were able to update their skills through training programs at Pirelli factories in Italy, Turkey and Germany.

By working together, Pirelli, Russian Technologies and the Voronezh Regional Administration have made Voronezh Tyre Plant the most modern tyre production factory in Russia in just one year. And there are plans to invest a further 44 million euro by 2015, when the plant will reach its full production capacity of 4 million tyres per year.

The total investment in Voronezh will therefore be 100 million euro, as already announced to the market by Pirelli in its 3-year industrial plan.

Mr. Manturov, said, “The project successfully implemented in Voronezh by Pirelli and Rostec shows that the Russian provinces have great economic potential which should be used for attraction of foreign investors.”

Russian Technologies’ Chemezov said: “This project is quite significant for Rostec. Our foreign colleagues’ experience and technology made us be sure that Voronezh Tyre Plant could be quickly reequipped and make world-class tyres. We managed to attract foreign partner and practically revive Voronezh enterprise by high-standard retooling. This will help us save current employment and also create additional jobs,”

“Voronezh Tyre Plant is an enterprise of special social and economic importance to Voronezh Region. We are pleased to see that provinces attract major international business and we are ready to provide all possible support,” said the Governor of Voronezh Region, A. V. Gordeev.

“Russia is a key strategic market for Pirelli. Voronezh Tyre Plant is a splendid example of a symbiotic collaboration between the Russian authorities, industry, and the experience and technology of an international company. We intend not only to produce world-class premium tyres that meet the needs of the Russian consumers, but also to create a large and efficient logistics center at the Voronezh tyre plant which will deliver to domestic and export customers,” said the Chairman and CEO of Pirelli & C. S.p.A., Marco Tronchetti Provera.

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PIRELLI & C. SHAREHOLDER AGREEMENT RENEWED UNTIL APRIL 2014

No changes to participants or to the number of shares conferred

Pirelli & C. SpA announces that the Shareholder Agreement for Pirelli & C. SpA Block Shares has been renewed and will expire on April 15^th, 2014.

All the participants have expressed their will to renew the agreement by the contractually foreseen deadline, for eventual recessions, of January 15^th, 2013. With the agreement’s renewal, the participants agreed to a modification establishing that its duration will be for one year instead of three.

The table bellows lists the participants of the Shareholder Agreement for Pirelli & C. SpA Block Shares and the number of ordinary shares bound by the agreement:

Pirelli Press Office – Tel. +39 02 64424270 – pressoffice@pirelli.com

Pirelli Investor Relations – Tel. +39 02 64422949 – ir@pirelli.com

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