The Board of Italeaf S.p.A. announced the resignation of Mr. Nicola Romito from the Board of Directors and Managing Director of the company, for personal reasons. Mr. Nicola Romito will continue, however, in the collaboration with the Italeaf group, assuming positions of planning, coordination and operational support related to financial transactions in special projects, through his company Power Capital, which he himself founded and chaired. These tasks, also involving other Group companies, would be incompatible with the position held in Italeaf.

On the basis of the excellent industrial results examined, the Board has evaluated to propose the distribution of a 2015 dividend 10% higher than dividend of 2014, while not having yet visibility on the net profit, given the uncertainty resulting from the value to attribute to certain non-strategic minority investments, owned by the Group.