LELIO FORNABAIO CHARTERED ACCOUNTANT AUDITOR OF ACCOUNTS Curriculum Vitae - Born on June 16, 1970 in Stigliano (MT), resident in Rome, Largo E. Marchi

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6 LELIO FORNABAIO CHARTERED ACCOUNTANT AUDITOR OF ACCOUNTS Curriculum Vitae - Born on June 16, 1970 in Stigliano (MT), resident in Rome, Largo E. Marchiafava, 5, taxpayer code FRN LLE 70H16I 954G; - in July 1994, Master Degree cum laude in Economics c/o the University of Rome "La Sapienza"; - registered with the Roll of Chartered Accountants of the District of the Court of Rome; - registered with the Roll of Technical Experts (C.T.U.) of the Civil Court of Rome; - Auditor of Accounts (Registration published in the Official Journal No. 100 of December 17, 1999 Registration No ); - collaborates with the Department of Business Economics of the Faculty of Economics of the University of Rome "La Sapienza"; - Lecturer at Scuola Superiore di Economia e delle Finanze (Higher School of Economics and Finance) (formerly known as Vanoni) of business economics subjects: holds courses aimed to executives and employees of various ministries; - Member of the Committee for Accounting Standards for Public Authorities, set up within the Ministry of Economy and Finance, and Chairman of the Working Group formed within the same; - former Chairman of Finance Commission of the National Board of Chartered Accountants and Accounting Experts. The commission deals, inter alia, with all the subjects related with business finance, bank financing, and organization models as per D.Lgs. 231/2001; - Former advisor for Business-Economic Matters of the Cabinet of the Ministry of Economy and Finance Legislation Bureau XV Legislature (Head of Legislation Bureau, Dr. Simi); former member of the Working Group for the experimentation and introduction of the environmental accounting and budget and of various study commissions within said Ministry; - Advisor to the Municipal Councillor responsible for the Budget of Roma Capitale - Dr. Carmine Lamanda supporting the Technical Secretary's Office in connection with the issues relating to the City's Budget and the management of participating interests in companies such as ATAC, AMA and ACEA S.p.A.; - In 1996, attended a specialization course in "Corporate Finance" c/o the London Business School; - In 1998, attended the Course for Official Receivers held c/o the University of Rome "La Sapienza"; - Attendance to several specialization courses in Italy and in Great Britain c/o important merchant banks; - Good knowledge of foreign languages (English and French, written and spoken, German currently studied) and good IT skills; - From 194 until 1997, he has worked at the branch-office of the Bank of Rome, holding position as Credit Analyst and, subsequently, as Deputy Official Manager of Credit Department; - from 1997 collaborated with Prof. Pellegrino Capaldo in the activity of business consultancy and study; - He rendered, on behalf of Studio Capaldo, advisory services to several companies in various sectors: banking, insurance, industrial, information-technology, mediatelecommunication, motorway, pharmaceutical, etc.; LARGO E.MARCHIAFAVA ROME TAXPAYER CODE FRNLLE70H16I954G-VAT REG. No: TEL FAX

7 LELIO FORNABAIO CHARTERED ACCOUNTANT AUDITOR OF ACCOUNTS - He carries out, on his own, tasks focusing on issues related with financial statements, opinions as party-appointed expert, business estimates, feasibility studies, etc.; he is partner of Landi & Partners s.r.l. (formerly known as Sintefin), a company specialized financial and strategic advisory services; - Owner of the firm for business research and advisory named Fornabaio, Bugliosi and Partners, with offices in 29, Via di Villa Massimo, Rome; - He is Managing Director of the consultancy company PTS Consulting S.p.A., of which he is the founding member; - Upon designation by public and private authorities, he held positions as auditor, director and advisor in several Companies and Public Bodies; - he is member of the Supervisory Body of some companies and entities; - at present, he is President of the Board of Auditors and Auditor of various listed and nonlisted companies; - He is a founding member of ADEAS Associazione Amici del Dipartimento di Economia Aziendale dell'università "La Sapienza" (Society of the Business Economics Department of the University of Rome "La Sapienza") and is a member of Fondazione Roma La Sapienza. March 2015 "I do hereby give my consent to the processing of my personal data pursuant to D.Lgs. 196 of June 30, 2003" LARGO E.MARCHIAFAVA ROME TAXPAYER CODE FRNLLE70H16I954G-VAT REG. No: TEL FAX