Please be informed that the opinion released by the independent advisor PricewaterhouseCoopers, to be intended as supplement to the report of the Common Representative of the Savings Shareholders published on July 13th, 2016, along with the relevant memorandum drafted by the same Representative himself is available at the registered office of Italmobiliare S.p.A., in Milan, at Via Borgonuovo 20, on the company’s website at www.italmobiliare.it, in the section “Investor/Extraordinary Transactions/Mandatory Conversion of Saving Shares – 2016” and on the authorized storage system “SDIR-STORAGE” managed by Bit Market Services S.p.A., at www.emarketsorage.com.