Regulation for the management of Privileged Information

In accordance with Code recommendations relating to “price sensitive” information pursuant to Art. 114.1 of TUF, in December 2006 the Company adopted an internal  procedure for the management and treatment of confidential information and the public disclosure of price sensitive information and documents. The Company also, in accordance with Art. 115-bis TUF, instituted a registry of the individuals with access to price sensitive information already in June 2006.

In 2016, after EU Regulation n. 596/2014 (“MAR”) took effect, the Company approved a new Procedure for the Management, Treatment and Public Disclosure of Confidential and Price Sensitive Information and the Registry of Insiders (“the Procedure”), which was updated in 2018 in accordance with the guidelines provided by the relative authorities relating to the Relevant Information List.

The procedure contains the measures relating to (i) the internal management and the public disclosure of information regarding IGD and its subsidiaries, with regard particularly to price sensitive and confidential information, as well as (ii) maintaining and updating the registry of the individuals with access to price sensitive and confidential information.

All directors, statutory auditors, executives and employees of the Company and/or its subsidiaries, as well as others who act in the name of or on behalf of the Company and/or its subsidiaries, who have access to the Company’s confidential or price sensitive information in the course of their duties, are bound by the Procedure.