Sustainability Channel

PIRELLI: SHAREHOLDER BLOCK AGREEMENT DISSOLVED AHEAD OF SCHEDULE

At the conclusion of consultations conducted by the Directorship of the Pirelli & C. SpA Shares’ Shareholder Block Agreement, the members of the block agreement (Assicurazioni Generali S.p.A., Camfin S.p.A., Edizione S.r.l., Fondiaria-SAI S.p.A., Intesa Sanpaolo S.p.A., Mediobanca S.p.A, Massimo Moratti and Sinpar S.p.A) agreed to dissolve the agreement with effect from today, thus ahead of the expected dissolution date of April 15^th, 2014.

From October 31st, 2013, the members are therefore definitively and irrevocably freed of the commitments and obligations deriving from the block agreement.

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Pirelli engagement in support of Romanian medical system continues

Until today, starting with 2008, 200 doctors and support personnel participated to professional and updating trainings for the Romanian Hospital, with activities developed both in Italy and Romania. The professional training initiatives will continue in 2014 – 2016 with new courses on Oncology, Pediatric and also First Aid.

With the budget that Pirelli will dedicate in the next 3 years to this project, Pirelli’s overall commitment is raising up to approximately 1.4 million euros at the end of 2016.

This agreement is part of the social initiatives that Pirelli leads in support of the local communities where the company is present with its production sites. In Slatina, moreover, Pirelli became active in 2005 and it’s now a developed industrial center dedicated to the production of steel cord and high-performance tires, activities which employs around 3,000 people.

Premium Integrity: Pirelli program against corruption

It is called Premium Integrity and it is our anti-corruption programme, which the Pirelli board of directors approved on 5 August to prevent or reduce the risk of corruption.

“An ethically responsible conduct, permeated by the values of loyalty, correctness and transparency constitute one of the principal factors of Pirelli’s success”: Premium Integrity defines the values, principles and responsibilities to which Pirelli, all of its employees and those who have business or collaboration relationships of any other nature with the company, adhere in the battle against corruption.

It is a systematic assembly of good conduct regulations, in which those that have already been in use for some time will be integrated with ‘new’ specific anti-corruption instructions. These are the results of specific evaluation of the exposure to the risk of corruption in the various countries in which we operate and are repeated periodically to ensure a constant monitoring of the risk.

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