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Fincantieri

Regulatory Filings Jul 6, 2016

4085_rns_2016-07-06_ca6f97ec-685d-4567-b63a-8fcf99c911db.pdf

Regulatory Filings

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Informazione
Regolamentata n.
1616-70-2016
Data/Ora Ricezione
06 Luglio 2016
11:22:41
MTA
Societa' : FINCANTIERI
Identificativo
Informazione
Regolamentata
: 76671
Nome utilizzatore : FINCANTIERIN02 - Manca
Tipologia : IROS 18
Data/Ora Ricezione : 06 Luglio 2016 11:22:41
Data/Ora Inizio
Diffusione presunta
: 06 Luglio 2016 11:37:42
Oggetto : FINCANTIERI Delivers the submarine
Pietro Venuti
Testo del comunicato

Vedi allegato.

FINCANTIERI DELIVERS THE SUBMARINE "PIETRO VENUTI"

Trieste, 6 July 2016 – The submarine "Pietro Venuti" was delivered today at Fincantieri's shipyard of Muggiano (La Spezia). It is the third of the U212A "Todaro" class, a series of four sister units which the Central Unit for Naval Armament – NAVARM has ordered to Fincantieri for the Italian Navy.

The submarine "Pietro Venuti", as its twin unit "Romeo Romei", launched last year in the shipyard of Muggiano, features highly innovative technological solutions. It is entirely built with amagnetic material, using the most modern silencing techniques to reduce its acoustic signature.

"Venuti" has a surface displacement of 1,509 tonnes, an overall length of 55.9 meters, a maximum diameter of 7 meters, and can exceed 16 knots underwater. It has a 27-person crew.

The Submarine "Venuti"

The "Venuti" is the 101st submarine built at the Muggiano shipyard since 1907, when the "Foca" vessel was launched for the Italian Royal Navy. Since then, this shipyard has always stood out for building naval vessels, not only for the Italian Navy, but also for those worldwide (Brazil, Spain, Portugal, Sweden, Denmark).

The "Venuti" is part of the second pair of submarines to be built in chronological order, and it is just about one year ahead of the "Romeo Romei", currently under construction at the shipyard of Muggiano. These vessels will replace in the Navy's fleet, the "Prini" and "Pelosi" submarines ("Sauro" class – third series), built in the late 1980s. The submarine construction programme is the continuation of the project begun in 1994 in cooperation with the German Submarine Consortium, which has already led to the construction of six vessels for Germany and two for Italy – the "Todaro" and the "Scirè" in the past years. These submarines were delivered by Fincantieri respectively in 2006 and 2007 and are already successfully operating within the Italian Navy's fleet.

Like the other vessels of the series, the "Venuti" features highly innovative technological solutions. It is entirely built of amagnetic material, using the most modern silencing techniques to reduce its acoustic signature. Furthermore, it is equipped with a silent propulsion system based on fuel cell technology, producing energy through an oxygen-hydrogen reaction, independent therefore

from external oxygen, ensuring a submerged range three to four times higher than the conventional battery-based systems. It also features a fully integrated electro-acoustic and weapon-control system, as well as a modern platform automation system.

Pietro Venuti

2° Capo Silurista (Torpedo Control Officer) Gold Medal of Military Valour awarded posthumously

Pietro Venuti was born in Codroipo (Udine) on June 10th 1912. He enrolled as a volunteer in the Royal Italian Navy in March 1931, and attended the Training Course for Torpedo Control Officers in Pola, at the end of which he embarked on the destroyer Strale, the torpedo boat Cantore, and the submarines Squalo and Sciré; he was promoted to Deputy Chief in 1935.

He took part in military operations in Spain, and after was promoted to 2° Capo. On April 7 th 1939 he embarked on the submarine Galvani, which was deployed on the Red Sea.

On June 24th 1940, during a war mission in the waters of the Arabian Sea, the Galvani was attacked by enemy surface units and hit at the stern by a bullet, whose explosion caused a dangerous leak in the compartment Venuti was responsible of. Instead of seeking safety, he locked himself in – knowing well that this meant certain death – and closed the watertight door behind him. His conscious sacrifice saved the submarine and the lives of its crew.

Fincantieri is one of the world's largest shipbuilding groups and number one by diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry's sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and components production and after-sales services.

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Headquartered in Trieste (Italy), the Group has built more than 7,000 vessels in over 230 years of maritime history. With around 19,500 employees, of whom more than 7,800 in Italy, 21 shipyards in 4 continents, today Fincantieri is the leading Western shipbuilder. It has among its clients the major cruise operators, the Italian and the U.S. Navy, in addition to several foreign navies, and it is partner of some of the main European defense companies within supranational programmes.

www.fincantieri.com

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FINCANTIERI S.p.A. – Media Relations

FINCANTIERI S.p.A. – Investor Relations

[email protected] [email protected] [email protected] [email protected]

Antonio Autorino Laura Calzolari Cristiano Musella Micaela Longo Tel. +39 040 3192473 Tel. +39 040 3192527 Tel. +39 040 3192225 Tel. +39 040 3192247 Mob. +39 335 7859027 Mob. +39 334 6587922 Mob. +39 366 9254543 Mob. +39 366 6856280

Angelo Manca Federica Capuzzo Tijana Obradovic Silvia Ponso Tel. +39 040 3192457 Tel. +39 040 3192612 Tel. +39 040 3192409 Tel. +39 040 3192371 [email protected] [email protected] [email protected] [email protected]

Image Building – Media Relations

Giuliana Paoletti Simona Raffaelli Alfredo Mele

Tel. +39 02 89011300 Tel. +39 02 89011300 Tel. +39 02 89011300 Mob. +39 335 6551356 Mob. +39 335 1245191 Mob. +39 335 1245185 [email protected] [email protected] [email protected]

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