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Prysmian Board/Management Information 2018

Jul 25, 2018

4170_dirs_2018-07-25_aed426c9-8627-49f6-b2fd-1afabc12e5e1.pdf

Board/Management Information

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Informazione
Regolamentata n.
0902-151-2018
Data/Ora Ricezione
25 Luglio 2018
14:15:24
MTA
Societa' : PRYSMIAN
Identificativo
Informazione
Regolamentata
: 106697
Nome utilizzatore : PRYSMIANN03 - Bifulco
Tipologia : 2.2
Data/Ora Ricezione : 25 Luglio 2018 14:15:24
Data/Ora Inizio
Diffusione presunta
: 25 Luglio 2018 14:15:25
Oggetto : PRYSMIAN SPA: RESIGNATION OF THE
CHAIRMAN OF THE BOARD OF
DIRECTORS
Testo del comunicato

Vedi allegato.

PRESS RELEASE

RESIGNATION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS

Milan, Italy – 25 July 2018. Prysmian S.p.A. ("Prysmian" or the "Company") announces that today Massimo Tononi has tendered his resignation from the positions of Company's Chairman of the Board of Directors, Board Member and Member of the Remuneration, Nomination and Sustainability Committee, effective as from the end of the meeting of the Board of Directors currently scheduled on 18 September 2018, for the approval of Prysmian Group's results as at 30 June 2018.

Massimo Tononi's resignations have been tendered further to his appointment in Cassa Depositi e Prestiti S.p.A., as a result of which he deemed appropriate to quit all positions held in other companies.

Massimo Tononi is a non-executive and independent member of the Board of Directors of Prysmian since July 2010 and Chairman since April 2012. He was elected to his current position at the Shareholders' Meeting on April 12, 2018, as one of the individuals listed in the slate filed by the Board of Directors which has obtained the majority of the votes. He is also a member of the Remuneration, Nomination and Sustainability Committee.

The Board of Directors will now have to adopt resolutions for the appointment of the new Chairman of the Board of Directors, the possible co-optation of one Board member, in accordance with Article 2386 of the Italian Civil Code and Article 14, of the Company's articles of association, and the appointment of a member of the Remuneration, Nomination and Sustainability Committee.

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Prysmian Group

Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales exceeding €11 billion (pro-forma as of 31.12.2017), about 30,000 employees in over 50 countries and 112 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

Lorenzo Caruso Cristina Bifulco Corporate and Business Communications Director Investor Relations Director Ph. 0039 02 6449.1 Ph. 0039 02 6449.1 [email protected] [email protected]

Media Relations Investor Relations