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Pirelli-Volkswagen: a winning partnership

An annual supply of six million ultra-high performance (UHP) tyres for over 200 homologations with diameters ranging from 15 to 21 inches, plus another 250 under development to go into production in the coming years. A long list of prestige and premium models fitted with Pirelli tyres, and a global partnership which, for some time, has gone beyond the confines of Europe, having been established in Latin America, Mexico, China and has now expanded into Russia and the United States of America.

So for “commitment, competitiveness and the ability to innovate, with the development of self-sealing technology that underlines the company’s technological know-how and its ability to face future challenges” Pirelli has won the ‘Global Champion’ sector of the Volkswagen Group Awards, which are made by the car group each year to its best suppliers. Recognition of Pirelli excellence in global partnerships, product quality, competitiveness, project management and flexibility are the headings under which the award was made.

To testify to those qualities there are a lot of models fitted with Pirelli tyres – from the Porsche Carrera, Boxter, Cayenne and Panamera; the Lamborghini Aventador and Gallardo; the Bentley Continental GT and Flying Spur; the Audi A3, A4, A5, A6, A7, A8, Q3, Q7, RS5, RS6 and TT; the Volkswagen Tiguan, Touareg, Phaeton and Golf.

The presentation ceremony took place recently in Dresden. The award was received by Alberto Pirelli, the Group’s vice-president.

In the photo: the award ceremony with Francisco Javier Garcia Sanz, a board member of Volkswagen AG and head of procurement (left), Alberto Pirelli, vice-president of Pirelli (in the middle), Martin Winterkorn, chairman of the board of management of Volkswagen AG

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The Shareholder Agreement of Pirelli & C. SpA Shares announces that today the participants of the Agreement, upon request, agreed that:

-      Allianz S.p.A. can release from the Agreement its entire conferred stake in Pirelli & C. S.p.A. of 20,977,270 Pirelli & C. ordinary shares (4.41% of capital);

-      Fondiaria-Sai S.p.A. can release from the Agreement of a total of 12,229,394 Pirelli & C. S.p.A. ordinary shares (2.57% of capital);

-      Camfin S.p.A. can release from the Agreement of a total of 33,300,000 Pirelli & C. S.p.A. ordinary shares (7% of capital);

-      modify article 2 of the Agreement establishing that, on the occasion of renewal, the continuation of the Agreement between the Participants who have not withdrawn will be subject to the condition that the residual shares bound by the Agreement represent in total at least 30% (instead of 33% as foreseen previously) of the capital held of Pirelli & C. in ordinary shares.

As a consequence of the above, the Participants of the Shareholder Agreement of Pirelli & C. SpA shares and the numbers of shares bound are as follows:

Agreement Participants Number of shares  conferred % of total shares  conferred % of total ordinary shares issued
CAMFIN S.p.A. 63,369,168 42.24% 13.32%
MEDIOBANCA S.p.A. 21,922,205 14.61% 4.61%
EDIZIONE S.r.l. 21,921,364 14.61% 4.61%
ASSICURAZIONI GENERALI S.p.A. (*) 20,977,269 13.98% 4.41%
FONDIARIA – SAI S.p.A. 8,802,913 5.87% 1.85%
INTESA SANPAOLO S.p.A. 7,683,568 5.12% 1.62%
SINPAR S.p.A. 3,015,320 2.01% 0.63%
Massimo MORATTI (**) 2,343,392 1.56% 0.49%
Total 150,035,199 100% 31.54%
(*)   of which  5,218,181 shares through Generali Vie S.A.and 7,525,388 shares through Assitalia S.p.A.
(**) through CMC S.p.A. (of which 1,838,459 placed in fiduciary trust with Cordusio Società fiduciary for shares).

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Pirelli Metzeler Tourance™ Next is the best balanced endurance street tyre for Motorrad

Pirelli new  Metzeler Tourance™ Next demonstrated the best balanced performance in all the conditions taken into consideration during the tests, an excellent performance on the dry combined with the excellent features which shone through in the wet and a high mileage.

For this the new Metzeler Tourance™ Next was on the top step of the podium in the street enduro tyre comparative review organised by the authoritative German magazine Motorrad which put it against the Michelin Anakee 3, Bridgestone Battle Wing 501/502, Continental TrailAttack 2, Dunlop Trailmax TR91 and Pirelli Scorpion Trail, all of them in the 110/80 R19 and 150/70 R17 sizes and mounted on six Triumph Tiger Explorer motorcycles.

The 11/2013 edition of the German magazine explains that the six tyre models were tested at two different times: first when the products were completely new and then after 4000 km in order to verify wear and mileage of both the front and the rear. Tests were also conducted on the road at high speeds (motorway and highway) and, above all, there was a test in the wet.

In particular, for the test on the dry, in order to assess the performance parameters were taken into consideration such as handling, steering precision, stability in turns, grip in leans, traction in acceleration, stability on a straight line under full load, performance with a passenger, performance in conditions at the limit and maintaining the trajectory when braking in turns.

For the testing in the wet, held on a duly irrigated track, in addition to the parameters above Motorrad also took into consideration the braking distance at a speed of 100 kph, the average travel speed and lap times, and the new Metzeler Tourance™ Next came out on top over the competition.

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