Shareholders' AGM of Retelit S.p.A.

Ordinary session • Financial statements of Retelit S.p.A. approved and Group consolidated financial statements at December 31, 2015 reviewed; • Approval of Section I of the Remuneration Report in accordance with Articles 123-ter, paragraph 6, of Legislative Decree 58/1998 and 84-quater of the Issuers’ Regulation; • Liability action against previous directors approved. Extraordinary session • Amendments made to Articles 11, 16 and 23 of the By-Laws, with introduction also of new Article 22-bis.