Shareholders Structure

Source: Nasdaq, Consob

*Marco Polo : 65% owned by CNRC and 35% by Camfin. Marco Polo announced that on August 11, 2015 the legal conditions for the launch of a mandatory tender offer on the ordinary shares of Pirelli & C. have been triggered, and that it has decided to launch a voluntary tender offer on the savings shares of Pirelli. All the elements related to the offer are available at the following link

** CAM 2012 is a company fully owned by Camfin

*** Pirelli shares held by CAM 2012 are syndicated under the Shareholders Agreement signed on August 11, 2015 by, among others, CNRC, Camfin, Coinv and Long Term Investments Luxembourg S.A

Last Revised: September 2015