Issuer’s communication

YEAR 2016

21 December 2016

We hereby wish to inform you that on 21 December 2016, the bondholders’ meeting of the debenture loan called “Gruppo PSC Spa 2014-2019” (“Debenture Loan”) and the Board of Directors of the Gruppo PSC Spa approved an amendment to the Debenture Loan Regulation, whose updated text is published below.

The amendments to the “Gruppo PSC S.p.a. 6% 2014-2019” Debenture Loan Regulation ISIN IT 0005044026 (“Regulation”) concerned:

• the postponement of the Maturity Date of the Debenture Loan from 14 August 2019 to 14 August 2021;
• the consequent change of the name of the Debenture Loan to “Gruppo PSC S.p.A. 6% 2014-2021”;
• the change, from two to four, of the pre-amortization years and the two-year postponement of the payment of the 6 reimbursement instalments starting from the payment date which falls on 14 February 2019 and up to the maturity date on 14 August 2021 (with the corresponding modification of articles 1.1 and 1.5 of the Rules and Regulations);
• the consequent re-modulation of the Debenture Loan amortization plan (with the corresponding modification of article 1.8 of the Rules and Regulations);
• the consequent re-modulation of the dates relating to the exercise of any early repayment in favor of the issuer (with the corresponding modification of article 1.8 of the Rules and Regulations).

12 December 2016

Notice of Bondholders’ Meeting

26 October 2016

Merger by incorporation into Gruppo PSC S.p.A. of the subsidiary Isertech S.p.A.