Basic Net SpA — AGM Information 2018

Apr 3, 2018

Shareholders Meeting April 24, 2018

POINT 1 OF THE AGENDA:

2017 Annual Report, including the Separate Financial Statements, the Consolidated Financial Statements, the Directors' Report, the Independent Auditor's Report, the Report of the Board of Statutory Auditors, and the Corporate Governance and Ownership Structure Report, are available at the link: www.basicnet.com/contenuti/datifinanziari/bilanci.asp?lan=EN

Statutory financial statements at December 31, 2017, accompanied by the Directors' report, the Independent Auditors' report and the Board of Statutory Auditors' report. presentation of consolidated financial statements. allocation of the result for the year. Resolutions thereon.

Dear Shareholders,

in the presentation for the approval of the Shareholders' Meeting for the 2017 Financial Statements and the relative Directors' Report we propose the allocation of the net profit of Euro 4,507,884.53 as follows:

-	to the Legal reserve	Euro	225,394.23
-	to each of the 54,713,523 ordinary shares in circulation (excluding the 6,280,079 treasury shares held at March 19, 2018), a dividend of Euro 0.06 before withholding taxes for an amount of	Euro	3,282,811.38
-	to retained earnings the residual amount, equal to	Euro	999,678.92

The dividend will be paid from May 23, 2018, with record date of May 22, 2018 and coupon date (No. 11) of May 21, 2018.

We also propose that, if at the dividend coupon date the number of shares with dividend rights is lower than indicated above due to any share buy-backs by the company, the relative dividend will be allocated to retained earnings, as will any rounding made on payment.

We propose therefore the following:

MOTION

the Shareholders' Meeting of BasicNet S.p.A., having reviewed the 2017 results, the Directors' Report and having noted the Board of Statutory Auditors' Report and that of the Independent Audit Firm EY S.p.A.,

RESOLVES

to approve the Directors' Report and the Financial Statements at December 31, 2017, in relation to each individual part and in its entirety, in addition to the proposal for the allocation of the Net Profit of Euro 4,507,884.53 and the dividend proposal.

Turin, March 19, 2018

for the Board of Directors

The Chairman

Marco Daniele Boglione