Fiera Milano

Board/Management Information • Jan 13, 2017

Informazione Regolamentata n. 0620-2-2017		Data/Ora Ricezione 13 Gennaio 2017 22:42:28	MTA - Star
Societa'	:	FIERA MILANO
Identificativo Informazione Regolamentata	:	83934
Nome utilizzatore	:	FIERAMILANON01 - La Rana
Tipologia	:	IRCG 03
Data/Ora Ricezione	:	13 Gennaio 2017 22:42:28
Data/Ora Inizio Diffusione presunta	:	13 Gennaio 2017 22:57:29
Oggetto	:	Resignation of Directors
Testo del comunicato

Vedi allegato.

FIERA MILANO: RESIGNATION OF BOARD OF DIRECTORS

Milan, 13 January 2017. Fiera Milano S.p.A. announces that, during today's meeting of the Board of Directors

• acknowledging that the Company's Board of Directors, since the date of its appointment, has made the utmost effective efforts, both before and since the issue of the provisions relating to the currently ongoing procedures of Legal Administration no. 34 and 58/2016, towards a significant improvement in the governance of the Company and to implement numerous measures to ensure the best possible execution of these provisions;

• agreeing that, given the current and complex situation facing the Company following the adoption of the aforementioned provisions, it would be appropriate to implement a further interruption in continuity and, simultaneously, move towards a conclusion of the ongoing Legal Administration procedures as soon as possible;

• also agreeing that having given considerable consideration exclusively with regard to the Company's interests, the Directors consider that the best solution is that of introducing the post of Director of Administration in order to allow the appointment of a new Board of Directors;

• recognising that the 2016 financial year has just ended and that it is the specific duty of the Directors to comply with its obligations to prepare the company and consolidated financial reports for the period and to present the financial statements for approval at the meeting of shareholders that must be convened in accordance with the law;

the Chairman Roberto Rettani, the Directors Joyce Victoria Bigio, Renato Borghi, Pier Andrea Chevallard, Attilio Fontana, Licia Ronzulli and Vincenza Patrizia Rutigliano (Romeo Robiglio being absent with good cause) submitted their resignations from their respective offices resulting in the dissolution of the Board of Directors effective from the date set for the shareholders' meeting thus convened. Pursuant to Article 14.2 of the Company's Articles of Association, the agenda set for the said shareholders' meeting will therefore include the appointment of a new administrative body.

The Board of Directors also decided that the Chief Executive Officer should proceed to relinquish his powers.

Mr. Peraboni, following the presentation of his report on the facts, considered it appropriate to leave the meeting in order to allow the Board of Directors to evaluate and make the most appropriate decisions in the interests of the Company, having then acknowledged the resignation of the Directors, relinquished his powers.

The Board of Directors subsequently conferred on the Chairperson powers of ordinary administration in order to ensure continuation of management.

The following table shows certain information regarding the outgoing Directors.

Directors	Position	Non executive	Independent Code	Independent TUF	Control and Risk Committee	Remuneration Committee
Roberto Rettani	Chairperson	X	X	X
Attilio Fontana	Deputy Vice Chairperson	X	X	X		X
Licia Ronzulli	Vice Chairperson	X	X	X		X
Joyce Victoria Bigio	Director	X	X	X	X
Renato Borghi	Director	X		X	X
Pier Andrea Chevallard	Director	X	X	X
Vincenza Patrizia Rutigliano	Director	X	X	X	X

On the basis of information available to the Company Mr. Rettani holds 50,000 shares in Fiera Milano.

For further information: Investor Relations Fiera Milano S.p.A. Gianna La Rana Tel +39 0249977816 gianna.larana@fieramilano.it www.fieramilano.it Director of Communications Fiera Milano S.p.A. PierCarla Delpiano Tel +39 0249977812 piercarla.delpiano@fieramilano.it www.fieramilano.it Image Building Giuliana Paoletti, Vanessa Corallino Tel +39 02 89011300 fieramilano@imagebuilding.it