MIRA INFORM REPORT

Report Date :

04.09.2014

IDENTIFICATION DETAILS

Name :	KME ITALY S.P.A.
Registered Office :	Via Dei Barucci, 2, 50127- Firenze (FI)-IT-
Country :	Italy
Financials (as on) :	31.12.2013
Date of Incorporation :	19.01.1967
Legal Form :	Joint Stock Company with Sole Shareholder
Line of Business :	· Manufacture of plastic plates, sheets, tubes and profiles · Production of copper and semi-finished products
No of Employees :	From 750 to 1000

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	No Complaints
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 01, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
Italy	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderate Low Risk	B1
Moderate Risk	B2
Moderate High Risk	C1
High Risk	C2
Very High Risk	D

ITALY - ECONOMIC OVERVIEW

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.

Source : CIA

Company name & address

KME ITALY S.P.A.

Via Dei Barucci, 2

50127 - Firenze (FI) -IT-

Summary

Fiscal Code	:	00881250153
Legal Form	:	Joint stock company with sole shareholder
Start of Activities	:	31/10/2001
Turnover Range	:	over 129.114.224
Number of Employees	:	from 750 to 1000
Group	:	KME

Activity

Manufacture of plastic plates, sheets, tubes and profiles

Production of copper and semi-finished products

Legal Data

Legal Form : Joint stock company with sole shareholder

Fiscal Code : 00881250153

Foreign Trade Reg. no. : FI063888 since 24/05/1996

Chamber of Commerce no. : 152259 of Alessandria

Chamber of Commerce no. : 212615 of Alessandria

Chamber of Commerce no. : 160410 of Ancona

Chamber of Commerce no. : 423029 of Bologna

Chamber of Commerce no. : 433664 of Brescia

Chamber of Commerce no. : 460501 of Firenze since 13/04/1994

Chamber of Commerce no. : 175312 of Lucca

Chamber of Commerce no. : 724912 of Milano since 30/01/1967

Chamber of Commerce no. : 1668488 of Milano

Chamber of Commerce no. : 672317 of Napoli

Chamber of Commerce no. : 199884 of Novara

Chamber of Commerce no. : 328687 of Padova

Chamber of Commerce no. : 150701 of Pistoia

Chamber of Commerce no. : 1001292 of Roma

Firms' Register : FI017-66315 of Firenze since 19/02/1996

V.A.T. Code : 04528110481

Foundation date	: 19/01/1967
Establishment date	: 19/01/1967
Start of Activities	: 31/10/2001
Legal duration	: 31/12/2050
Nominal Capital	: 103.839.000
Subscribed Capital	: 103.839.000
Paid up Capital	: 103.839.000

Members

De Schoenfeld

Enrico

Born in Napoli

(NA)

on 25/05/1953

- Fiscal Code : DSCNRC53E25F839L

Residence:

Dei Barucci C/o Soc.

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	09/09/2009
Director	16/04/2013

No Prejudicial events are reported

No Protests registered

Mancano

Giuseppe

Born in Foggia

(FG)

on 21/05/1956

- Fiscal Code : MNCGPP56E21D643P

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	08/02/2013
Procurator	08/02/2013

No Prejudicial events are reported

No Protests registered

Van Buggenum

Jan

Born in Herten

( )

on 22/07/1964

- Fiscal Code : VNBJNA64L22Z126U

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	30/11/2012
Procurator	30/11/2012

No Prejudicial events are reported

No Protests registered

Romoli

Luigi

Born in Piteglio

(PT)

on 08/06/1953

- Fiscal Code : RMLLGU53H08G715D

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	01/07/2004

No Prejudicial events are reported

No Protests registered

Tortu'

Giampiero

Born in Firenze

(FI)

on 19/04/1952

- Fiscal Code : TRTGPR52D19D612J

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	01/07/2004
Procurator	18/07/2007

No Prejudicial events are reported

No Protests registered

Pizzuti

Alessandra

Born in Roma

(RM)

on 27/02/1962

- Fiscal Code : PZZLSN62B67H501R

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	01/07/2004
Attorney General	23/05/2011

No Prejudicial events are reported

No Protests registered

Manfredi

Michele

Born in Crotone

(CZ)

on 30/01/1968

- Fiscal Code : MNFMHL68A30D122S

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	23/05/2011

No Prejudicial events are reported

No Protests registered

Di Fabio

Pierpaolo

Born in Eboli

(SA)

on 28/06/1973

- Fiscal Code : DFBPPL73H28D390P

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	19/09/2006
Attorney General	01/08/2012

No Prejudicial events are reported

No Protests registered

Olivieri

Roberto

Born in Firenze

(FI)

on 12/11/1959

- Fiscal Code : LVRRRT59S12D612L

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	02/02/2012

No Prejudicial events are reported

No Protests registered

Zaccaria

Gianluca

Born in Firenze

(FI)

on 22/03/1966

- Fiscal Code : ZCCGLC66C22D612V

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	18/07/2007

No Prejudicial events are reported

No Protests registered

Rossi

Luca

Born in Firenze

(FI)

on 26/10/1965

- Fiscal Code : RSSLCU65R26D612N

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	18/07/2007

No Prejudicial events are reported

No Protests registered

Casali

Athos

Born in Barga

(LU)

on 26/10/1957

- Fiscal Code : CSLTHS57R26A657H

Residence:

Dei Baruci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	18/01/2008

No Prejudicial events are reported

No Protests registered

Giubilei

Francesco

Born in St. Julien En Genevois

( )

on 28/07/1955

- Fiscal Code : GBLFNC55L28Z110N

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	06/02/2008

No Prejudicial events are reported

No Protests registered

Bucciante

Fabrizio

Born in Lanciano

(CH)

on 27/09/1971

- Fiscal Code : BCCFRZ71P27E435K

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	19/06/2014

No Prejudicial events are reported

No Protests registered

Giovanelli

Davide

Born in La Spezia

(SP)

on 17/06/1972

- Fiscal Code : GVNDVD72H17E463W

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	23/05/2011

No Prejudicial events are reported

No Protests registered

Bottura

Riccardo

Born in Milano

(MI)

on 09/05/1969

- Fiscal Code : BTTRCR69E09F205T

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	30/09/2011
Director	16/04/2013
Managing Director	16/04/2013
Responsible technician	18/01/2013

No Prejudicial events are reported

No Protests registered

Garre'

Riccardo Giulio

Born in Viareggio

(LU)

on 08/04/1962

- Fiscal Code : GRRRCR62D08L833G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	02/03/2010
Director	16/04/2013

No Prejudicial events are reported

No Protests registered

Calamia

Marco

Born in Pisa

(PI)

on 16/12/1962

- Fiscal Code : CLMMRC62T16G702B

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	01/07/2004
Procurator	11/03/2009

No Prejudicial events are reported

No Protests registered

Borneto

Lorenzo

Born in Genova

(GE)

on 21/09/1956

- Fiscal Code : BRNLNZ56P21D969M

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	01/07/2004

No Prejudicial events are reported

No Protests registered

Repetto

Giampaolo

Born in Genova

(GE)

on 14/06/1955

- Fiscal Code : RPTGPL55H14D969X

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	02/02/2010
Responsible technician	18/01/2013
Procurator	08/02/2013

No Prejudicial events are reported

No Protests registered

Rinaldi

Sergio

Born in Livorno

(LI)

on 17/10/1963

- Fiscal Code : RNLSRG63R17E625F

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	11/03/2009

No Prejudicial events are reported

No Protests registered

Romano

Italo Amedeo

Born in Strongoli

(CZ)

on 22/11/1958

- Fiscal Code : RMNTMD58S22I982G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	01/07/2004
Director	16/04/2013
Board Chairman	16/04/2013

No Prejudicial events are reported

No Protests registered

Teglia

Maria Cristina

Born in Pistoia

(PT)

on 09/07/1964

- Fiscal Code : TGLMCR64L49G713H

Residence:

De Barucci C/o Soc.

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	09/09/2009
Procurator	25/10/2011

No Prejudicial events are reported

No Protests registered

Orlando

Luigi

Born in Firenze

(FI)

on 07/04/1966

- Fiscal Code : RLNLGU66D07D612Y

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	01/07/2004
Responsible technician	22/05/2012

No Prejudicial events are reported

No Protests registered

Orlandini

Roberto

Born in Pistoia

(PT)

on 16/12/1958

- Fiscal Code : RLNRRT58T16G713J

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	25/05/2005

No Prejudicial events are reported

No Protests registered

Autelitano

Vincenzo

Born in Reggio Di Calabria

( )

on 21/06/1956

- Fiscal Code : TLTVCN56H21H224J

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	01/07/2004
Procurator	23/05/2011

No Prejudicial events are reported

No Protests registered

Leonardi

Marco

Born in Firenze

(FI)

on 03/02/1961

- Fiscal Code : LNRMRC61B03D612Q

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	01/07/2004

No Prejudicial events are reported

No Protests registered

Messina

Giovanni

Born in Acireale

(CT)

on 13/09/1957

- Fiscal Code : MSSGNN57P13A028K

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	23/05/2011

No Prejudicial events are reported

No Protests registered

Miniati

Marco

Born in Firenze

(FI)

on 29/10/1960

- Fiscal Code : MNTMRC60R29D612H

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	01/07/2004
Director	16/04/2013
Attorney General	01/08/2012

No Prejudicial events are reported

No Protests registered

Del Punta

Marco

Born in Pisa

(PI)

on 31/05/1960

- Fiscal Code : DLPMRC60E31G702U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	03/10/2008
Attorney General	03/10/2008

No Prejudicial events are reported

No Protests registered

Micalizzi

Giuseppe

Born in Piove di Sacco

(PD)

on 24/06/1975

- Fiscal Code : MCLGPP75H24G693F

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	11/03/2009
Procurator	11/03/2009

No Prejudicial events are reported

No Protests registered

Governatori

Francesco

Born in Firenze

(FI)

on 29/04/1970

- Fiscal Code : GVRFNC70D29D612M

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	11/03/2009
Attorney General	09/09/2009

No Prejudicial events are reported

No Protests registered

Albizzini

Filippo

Born in San Giovanni Valdarno

(AR)

on 01/05/1968

- Fiscal Code : LBZFPP68E01H901H

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	11/03/2009
Attorney General	09/09/2009

No Prejudicial events are reported

No Protests registered

Chiarucci

Andrea

Born in Milano

(MI)

on 19/08/1971

- Fiscal Code : CHRNDR71M19F205I

Residence:

Don Minzoni

, 1/6

- 20020

Arese

(MI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	09/09/2009

No Prejudicial events are reported

No Protests registered

Micalizio

Emiliano

Born in Roma

(RM)

on 12/01/1971

- Fiscal Code : MCLMLN71A12H501U

Residence:

Dei Barucci C/o Soc.

, 2

- 50100

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	09/09/2009
Responsible	08/07/2011

No Prejudicial events are reported

No Protests registered

Kme Germany Ag

Position	Since	Shares Amount	% Ownership
Sole partner	11/09/2009

No Prejudicial events are reported

No Protests registered

Bisio

Federico

Born in Genova

(GE)

on 23/09/1972

- Fiscal Code : BSIFRC72P23D969E

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney General	23/05/2011

No Protests registered

Finetti

Stefano

Born in Barga

(LU)

on 04/05/1964

- Fiscal Code : FNTSFN64E04A657C

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	23/05/2011

No Protests registered

Iacona

Giacomo

Born in Firenze

(FI)

on 08/08/1970

- Fiscal Code : CNIGCM70M08D612I

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	04/07/2011

No Protests registered

Cristofani

Francesco

Born in Barga

(LU)

on 11/06/1968

- Fiscal Code : CRSFNC68H11A657J

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/11/2012

No Protests registered

Martinetti

Andrea

Born in Genova

(GE)

on 10/01/1966

- Fiscal Code : MRTNDR66A10D969F

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/11/2012

No Protests registered

Bargioni

Luca

Born in Firenze

(FI)

on 12/02/1967

- Fiscal Code : BRGLCU67B12D612Q

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/09/2011

No Protests registered

Montelatici

Laura

Born in Firenze

(FI)

on 09/01/1967

- Fiscal Code : MNTLRA67A49D612G

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/09/2011

No Protests registered

Santini

Floriano

Born in Lucca

(LU)

on 12/09/1953

- Fiscal Code : SNTFRN53P12B455O

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/09/2011

No Protests registered

Raffaghello

Donatella

Born in Genova

(GE)

on 08/02/1973

- Fiscal Code : RFFDTL73B48D969S

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	19/06/2014

No Prejudicial events are reported

No Protests registered

Fiorella

Simone

Born in Milano

(MI)

on 20/07/1975

- Fiscal Code : FRLSMN75L20F205F

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	02/02/2012

No Prejudicial events are reported

No Protests registered

Sartini

Paolo Mario

Born in Viareggio

(LU)

on 04/02/1966

- Fiscal Code : SRTPMR66B04L833H

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	02/02/2012
Responsible technician	02/08/2012

No Prejudicial events are reported

No Protests registered

Pinto

Giuseppe

Born in Napoli

(NA)

on 26/08/1974

- Fiscal Code : PNTGPP74M26F839C

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	08/02/2013
Procurator	08/02/2013

No Prejudicial events are reported

No Protests registered

Bargagna

Paolo

Born in Pisa

(PI)

on 10/11/1964

- Fiscal Code : BRGPLA64S10G702I

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Procurator	30/11/2012

No Prejudicial events are reported

No Protests registered

Nesti

Francesco

Born in San Marcello Pistoiese

(PT)

on 18/08/1954

- Fiscal Code : NSTFNC54M18H980P

Residence:

Della Repubblica

, 257

- 55051

Barga

(LU)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	17/12/2013

No Prejudicial events are reported

No Protests registered

Kme Germany Ag

Position	Since	Shares Amount	% Ownership
Partner

No Prejudicial events are reported

No Protests registered

Companies connected to members *

*checkings have been performed on a national scale.

In this module are listed the companies in which members hold or have holded positions.

Bottura

Riccardo

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
Manuli Rubber Industries S.p.a.(e In Forma Abbreviata Mri S.p.a.)	Milano (MI) - IT -	11582970155	Procurator	Withdrawn	Registered
Em Moulds S.r.l.	Firenze (FI) - IT -	05739060480	Attorney General	Active	Registered
Kme Brass Italy S.r.l.	Firenze (FI) - IT -	05543980485	Attorney General	Active	Registered

Romano

Italo Amedeo

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
Intek Group S.p.a.	Milano (MI) - IT -	00931330583	Director	Withdrawn	Registered
Intek Group S.p.a.	Milano (MI) - IT -	00931330583	Procurator	Withdrawn	Registered
Intek Group S.p.a.	Milano (MI) - IT -	00931330583	General Director	Withdrawn	Registered
Gualfonda - Societa' Per Azioni	Firenze (FI) - IT -	80005690484	Director	Active	Registered
Gualfonda - Societa' Per Azioni	Firenze (FI) - IT -	80005690484	Assistant board Chairman	Active	Registered
Servizi Associazione Industriali Firenze- S.a.i.f. - Societa' A Responsabilita'	Firenze (FI) - IT -	01073830489	Director	Active	Registered
Servizi Associazione Industriali Firenze- S.a.i.f. - Societa' A Responsabilita'	Firenze (FI) - IT -	01073830489	Board Chairman	Active	Registered
Em Moulds S.r.l.	Firenze (FI) - IT -	05739060480	Sole Director	Active	Registered
Editoriale Fiorentina S.r.l.	Firenze (FI) - IT -	05759650962	Director	Withdrawn	Registered
Co.se.fi. - Consorzio Servizi FormativiAlle Imprese	Firenze (FI) - IT -	05226310489	Director	Active	Registered
Kme Brass Italy S.r.l.	Firenze (FI) - IT -	05543980485	Attorney General	Active	Registered
Kme Brass Italy S.r.l.	Firenze (FI) - IT -	05543980485	Procurator	Active	Registered
Kme S.r.l.	Firenze (FI) - IT -	06009350486	Managing Director	Active	Registered
Kme S.r.l.	Firenze (FI) - IT -	06009350486	Director	Active	Registered
Kme S.r.l.	Firenze (FI) - IT -	06009350486	Procurator	Active	Registered

Micalizio

Emiliano

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
Em Moulds S.r.l.	Firenze (FI) - IT -	05739060480	Procurator	Active	Registered
Kme Brass Italy S.r.l.	Firenze (FI) - IT -	05543980485	Procurator	Active	Registered
Kme S.r.l.	Firenze (FI) - IT -	06009350486	Procurator	Active	Registered

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.

Capital Shareholders

Shareholders' list as at date of data collection:

Firm's Style / Name	Seat / Residence	Fiscal Code	Owned Shares	% Ownership
Kme Germany Ag		02310950486		100,00

Direct Participations

The Company under review has participations in the following Companies:

Firm's Style	Seat	Fiscal Code	Owned Shares Amount	% Ownership	since	until	Share Status
Assoenergia Societa' Per Azioni O In For ma Abbreviata Assoenergia S.p.a. In Liqu	Brescia - IT -	03445950177	30 .Eur	0,02			Active
Editoriale Fiorentina S.r.l.	Firenze - IT -	05759650962	71.300 .Eur	7,13			Active
Em Moulds S.r.l.	Firenze - IT -	05739060480	115.000 .Eur	100,00			Active
Kme Brass Italy S.r.l.	Firenze - IT -	05543980485	15.025.000 .Eur	100,00			Active

Firm's location and structure

In order to carry out its activities the firm uses the following locations:

-

Legal and operative seat

since 19/01/1967

Dei Barucci

, 2

- 50100

- Firenze

(FI)

- IT -

PHONE

: 0583701466

PHONE

: 05544111

FAX	: 0554411240

-

Branch

(Factory)

since 31/10/2001

Di Cassano

- 15069

- Serravalle Scrivia

(AL)

- IT -

-

Branch

(office)

since 31/10/2001

Maestri Del Lavoro

, 12

- 60027

- Osimo

(AN)

- IT -

-

Branch

(Factory)

since 31/10/2001

Della Repubblica

- 55051

- Barga

(LU)

- IT -

-

Branch

(office)

since 01/10/2011

Morimondo

, 26

- 20100

- Milano

(MI)

- IT -

-

Branch

(office)

since 31/10/2001

Polonia

, 35

- 35100

- Padova

(PD)

- IT -

-

Branch

(Factory)

since 31/10/2001

Luigi Orlando

, 325

- 51028

- San Marcello Pistoiese

(PT)

- IT -

-

Branch

since 31/10/2001

Ximenes

, 716

- 51028

- San Marcello Pistoiese

(PT)

- IT -

Employees

: 950

Fittings and Equipment for a value of 59.120.000

Eur

Stocks for a value of 89.320.000

Eur

Vehicles for a value of 8.000

Eur

Work in progress for a value of 180.000

Eur

Trade organization: direct or by agents.

Sales area on a national scale.

The firm operates abroad as exporter..

Import comes generally from the following nations:

- France

- Austria

- Belgium

Export is mainly towards:

- Italy

- Austria

- France

- Germany

- Great Britain

- Hungary

Historical Information and/or Firm's Status

CHANGES TO THE LEGAL FORM:

Former legal form	New legal form	Changement Date
Limited liability company	Joint stock company	24/02/1995

EX-MEMBERS / EX-POSITIONS:

Libonati

Berardino

Born in Roma

(RM)

on 08/03/1934

- Fiscal Code : LBNBRD34C08H501O

Residence:

Dei Condotti

, 33

- 00100

Roma

(RM)

- IT -

Ex-Postions

Director

Losi

Gian Carlo

Born in Bibbiena

(AR)

on 27/09/1947

- Fiscal Code : LSOGCR47P27A851T

Residence:

Otignano

, 2

- 50014

Fiesole

(FI)

- IT -

Ex-Postions

Attorney General

Procurator

Orlando

Salvatore

Born in Firenze

(FI)

on 28/09/1957

- Fiscal Code : RLNSVT57P28D612Y

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Director

Attorney General

Board Chairman

De Schoenfeld

Enrico

Born in Napoli

(NA)

on 25/05/1953

- Fiscal Code : DSCNRC53E25F839L

Residence:

Dei Barucci C/o Soc.

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Ponziani

Andrea

Born in Pistoia

(PT)

on 20/01/1947

- Fiscal Code : PNZNDR47A20G713X

Residence:

Cadorna

, 71

- 50129

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Attorney General

Fazzini

Marcello

Born in Pelago

(FI)

on 10/04/1932

- Fiscal Code : FZZMCL32D10G420V

Residence:

Della Liberta'

, 6

- 50129

Firenze

(FI)

- IT -

Ex-Postions

Chairman of the Board of Aud.

Sbrana

Armando

Born in Pisa

(PI)

on 23/03/1949

- Fiscal Code : SBRRND49C23G702R

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Procurator

Orlando

Rosolino

Born in Milano

(MI)

on 18/10/1932

- Fiscal Code : RLNRLN32R18F205D

Fiscal residence:

Elvezia

, 18

- 20100

Milano

(MI)

- IT -

Ex-Postions

Chairman

Carretti Paolo

Born in Firenze

(FI)

on 02/12/1940

- Fiscal Code : CRRPLA40T02D612X

Fiscal residence:

Pistelli

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Managing Director

Coralli Paolo

Born in Milano

(MI)

on 25/02/1936

- Fiscal Code : CRLPLA36B25F205S

Fiscal residence:

F.lli Cervi

- 20090

Segrate

(MI)

- IT -

Ex-Postions

Procurator

Oriani Massimo

Born in Milano

(MI)

on 03/03/1943

- Fiscal Code : RNOMSM43C03F205L

Fiscal residence:

Gulli

, 19

- 20100

Milano

(MI)

- IT -

Ex-Postions

Procurator

Grassi Zulimo

Born in Bagno a Ripoli

(FI)

on 27/08/1924

Ex-Postions

Managing Director

Ferraris

Lorenzo

Born in Milano

(MI)

on 11/04/1947

- Fiscal Code : FRRLNZ47D11F205L

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Ceccuzzi

Sergio

Born in Siena

(SI)

on 15/02/1941

- Fiscal Code : CCCSRG41B15I726G

Residence:

Montebello

, 18

- 20121

Milano

(MI)

- IT -

Ex-Postions

Chairman

Director

Board Chairman

Palazzi Trivelli

Vittorio

Born in Torino

(TO)

on 03/11/1959

- Fiscal Code : PLZVTR59S03L219M

Residence:

Santa Margherita

, 9

- 20121

Milano

(MI)

- IT -

Ex-Postions

Director

Fiuzzi

Manfredi

Born in FIRENZE

(FI)

on 19/11/1945

- Fiscal Code : FZZMFR45S19D612T

Residence:

DEI BARUCCI

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Pirola

Giuseppe

Born in Cernusco sul Naviglio

(MI)

on 13/08/1947

- Fiscal Code : PRLGPP47M13C523K

Residence:

Vittor Pisani

, 16

- 20124

Milano

(MI)

- IT -

Ex-Postions

Permanent Auditor

Nuti

Massimo

Born in La Spezia

(SP)

on 22/12/1963

- Fiscal Code : NTUMSM63T22E463A

Residence:

Fabbiolle

, 82

- 50023

Impruneta

(FI)

- IT -

Ex-Postions

Temporary Auditor

Pilla

Vincenzo

Born in Santa Croce di Magliano

(CB)

on 19/05/1961

- Fiscal Code : PLLVCN61E19I181Q

Residence:

Delle Cinque Giornate

, 55

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Permanent Auditor

Scherger

Albert

Born in Nowosibirsk

( )

on 17/10/1951

- Fiscal Code : SCHLRT51R17Z135U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Director

De Angelis

Luigi

Born in Napoli

(NA)

on 17/01/1950

- Fiscal Code : DNGLGU50A17F839F

Residence:

Buonaparte

, 31

- 20121

Milano

(MI)

- IT -

Ex-Postions

Director

Assistant board Chairman

Bacoccoli

Carlo

Born in Corciano

(PG)

on 16/05/1948

- Fiscal Code : BCCCRL48E16C990Z

Residence:

Dei Barucci C/o Soc.smi

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Parolai

Luciano

Born in Firenze

(FI)

on 11/06/1946

- Fiscal Code : PRLLCN46H11D612G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Bendinelli

Mario

Born in Firenze

(FI)

on 15/12/1945

- Fiscal Code : BNDMRA45T15D612C

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Ciuti

Rossano

Born in San Marcello Pistoiese

(PT)

on 04/10/1958

- Fiscal Code : CTIRSN58R04H980E

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Romoli

Luigi

Born in Piteglio

(PT)

on 08/06/1953

- Fiscal Code : RMLLGU53H08G715D

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Assistant works Manager

Cova

Domenico

Born in Cassolnovo

(PV)

on 25/07/1949

- Fiscal Code : CVODNC49L25C038U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Director

Managing Director

Pizzuti

Alessandra

Born in Roma

(RM)

on 27/02/1962

- Fiscal Code : PZZLSN62B67H501R

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Sarabia

Blanco Fernando

Born in COCHABAMBA

( )

on 18/08/1946

- Fiscal Code : SRBBNC46M18Z601P

Residence:

DEI BARUCCI

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Km Europa Metal Aktiengesellschaft

Ex-Postions

Sole partner

Trupia

Marcello

Born in Palermo

(PA)

on 24/11/1961

- Fiscal Code : TRPMCL61S24G273W

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Goeda

Thomas

Born in Germania

( )

on 08/07/1952

Residence:

Weiden Strasse

, 23

Osnabrueck

- DE -

Ex-Postions

Attorney General

Carretti

Stefano

Born in Firenze

(FI)

on 19/07/1963

- Fiscal Code : CRRSFN63L19D612M

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Goeda

Thomas

Born in Germania

( )

on 08/07/1952

Residence:

Weiden Strasse

, 23

Osnabrueck

- DE -

Ex-Postions

Attorney General

Pisani

Andrea

Born in Pontedera

(PI)

on 30/08/1965

- Fiscal Code : PSNNDR65M30G843A

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Calamia

Marco

Born in Pisa

(PI)

on 16/12/1962

- Fiscal Code : CLMMRC62T16G702B

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Bigozzi

Mario

Born in Pergine Valdarno

(AR)

on 31/12/1943

- Fiscal Code : BGZMRA43T31G451U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Bisio

Gianluigi

Born in Genova

(GE)

on 28/01/1956

- Fiscal Code : BSIGLG56A28D969P

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Attorney General

Carrara

Claudio

Born in Lucca

(LU)

on 28/08/1948

- Fiscal Code : CRRCLD48M28E715A

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Conti

Fernando

Born in Carunchio

(CH)

on 10/11/1943

- Fiscal Code : CNTFNN43S10B853Y

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

MIOTTI

BRUNO

Born in SAN MARCELLO PISTOIESE

(PT)

on 23/01/1945

- Fiscal Code : MTTBRN45A23H980E

Residence:

DEI BARUCCI

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Parrini

Francesco

Born in Firenze

(FI)

on 05/08/1961

- Fiscal Code : PRRFNC61M05D612W

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Repetto

Giampaolo

Born in Genova

(GE)

on 14/06/1955

- Fiscal Code : RPTGPL55H14D969X

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Procurator

Rinaldi

Sergio

Born in Livorno

(LI)

on 17/10/1963

- Fiscal Code : RNLSRG63R17E625F

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Scafati

Sergio

Born in Napoli

(NA)

on 03/09/1950

- Fiscal Code : SCFSRG50P03F839A

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Procurator

Zanini

Alberto

Born in Firenze

(FI)

on 07/02/1943

- Fiscal Code : ZNNLRT43B07D612R

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Procurator

Romano

Italo Amedeo

Born in Strongoli

(CZ)

on 22/11/1958

- Fiscal Code : RMNTMD58S22I982G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Assistant board Chairman

Pagnotti

Maurizio

Born in Firenze

(FI)

on 10/11/1943

- Fiscal Code : PGNMRZ43S10D612U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Sampieri

Luca

Born in Il Cairo

( )

on 29/07/1959

- Fiscal Code : SMPLCU59L29Z336G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Rogna

Marco

Born in Casale Monferrato

(AL)

on 19/04/1962

- Fiscal Code : RGNMRC62D19B885N

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

TONINI

MARIO

Born in CESANO MADERNO

(MB)

on 01/11/1939

- Fiscal Code : TNNMRA39S01C566B

Residence:

CORRADINO D'ASCANIO

, 1

- 20100

Milano

(MI)

- IT -

Ex-Postions

Attorney General

Defrani

Alfredo

Born in Novi Ligure

(AL)

on 30/08/1959

- Fiscal Code : DFRLRD59M30F965B

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Orlando

Luigi

Born in Firenze

(FI)

on 07/04/1966

- Fiscal Code : RLNLGU66D07D612Y

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Orlando

Giuseppe

Born in Firenze

(FI)

on 23/02/1967

- Fiscal Code : RLNGPP67B23D612O

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Torresi

Andrea

Born in Roma

(RM)

on 17/08/1956

- Fiscal Code : TRRNDR56M17H501V

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Procurator

MONTI

GIOVANNI

Born in FIRENZE

(FI)

on 02/04/1950

- Fiscal Code : MNTGNN50D02D612D

Residence:

DEI BARUCCI

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Orlando

Paolo

Born in Milano

(MI)

on 06/03/1969

- Fiscal Code : RLNPLA69C06F205V

Residence:

Del Corso

, 1

- 20122

Milano

(MI)

- IT -

Ex-Postions

Director

Procurator

Autelitano

Vincenzo

Born in Reggio Di Calabria

( )

on 21/06/1956

- Fiscal Code : TLTVCN56H21H224J

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

D'ayala Valva

Francesco

Born in Firenze

(FI)

on 07/09/1960

- Fiscal Code : DYLFNC60P07D612R

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Procurator

Bartolini

Doriano

Born in Firenze

(FI)

on 12/07/1961

- Fiscal Code : BRTDRN61L12D612B

Residence:

Boccaccio

, 96

- 20090

Trezzano sul Naviglio

(MI)

- IT -

Ex-Postions

Attorney General

De Luca

Francescantonio

Born in Molfetta

(BA)

on 31/07/1949

- Fiscal Code : DLCFNC49L31F284Y

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Attorney General

Director in charge

Di Cosimo

Monica

Born in Roccalbegna

(GR)

on 03/10/1960

- Fiscal Code : DCSMNC60R43H417T

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Giuliani

Altibano

Born in Pratovecchio

(AR)

on 17/04/1950

- Fiscal Code : GLNLBN50D17H008F

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Malatesta

Fosco

Born in Piazza Al Serchio

(LU)

on 18/03/1949

- Fiscal Code : MLTFSC49C18G582H

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Messina

Giovanni

Born in Acireale

(CT)

on 13/09/1957

- Fiscal Code : MSSGNN57P13A028K

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Procurator

KM EUROPA METAL AKTIENGESELLSCHAFT

Ex-Postions

Sole partner

Goeda

Thomas

Born in Germania

( )

on 08/07/1952

- Fiscal Code : GDOTMS52L08Z112X

Residence:

Weiden Strasse

, 23

Osnabrueck

- DE -

Ex-Postions

Attorney General

Procurator

Mottini

Matteo

Born in Magenta

(MI)

on 15/11/1968

- Fiscal Code : MTTMTT68S15E801M

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

D'amico

Giovanni

Born in Sesto San Giovanni

(MI)

on 11/12/1965

- Fiscal Code : DMCGNN65T11I690B

Residence:

Dei Barucci C/o Soc.

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Responsible

Correale

Enrico

Born in Trivero

(VC)

on 26/11/1969

- Fiscal Code : CRRNRC69S26L436O

Residence:

Monterrali

, 49

- 13872

Borriana

(BI)

- IT -

Ex-Postions

Procurator

Weishaar

Frederic Paul

Born in Konstanz

( )

on 26/04/1966

- Fiscal Code : WSHFDR66D26Z112G

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Rossi

Marco Ernesto

Born in Milano

(MI)

on 18/06/1963

- Fiscal Code : RSSMCR63H18F205U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Responsible technician

Di Cosimo

Monica

Born in Roccalbegna

(GR)

on 03/08/1960

- Fiscal Code : DCSMNC60M43H417D

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Franceschini

Marcello

Born in Firenze

(FI)

on 20/01/1946

- Fiscal Code : FRNMCL46A20D612R

Residence:

Vigna Vecchia

, 96

- 50036

Vaglia

(FI)

- IT -

Ex-Postions

Procurator

Galeotti

Antonio

Born in Firenze

(FI)

on 09/11/1944

- Fiscal Code : GLTNTN44S09D612U

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Cantini

Lorenzo

Born in Seveso

(MB)

on 29/01/1950

- Fiscal Code : CNTLNZ50A29I709P

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Attorney General

De Nola

Francesco

Born in Castellammare di Stabia

(NA)

on 14/09/1951

- Fiscal Code : DNLFNC51P14C129Z

Residence:

Dei Barucci

, 2

- 50100

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Boccaccio

Massimo

Born in Torino

(TO)

on 25/04/1960

- Fiscal Code : BCCMSM60D25L219O

Residence:

Lombardia

, 63

- 10099

San Mauro Torinese

(TO)

- IT -

Ex-Postions

Procurator

Bordin

Giovanni

Born in Vicenza

(VI)

on 02/12/1968

- Fiscal Code : BRDGNN68T02L840K

Residence:

Fermi

, 32

- 36043

Camisano Vicentino

(VI)

- IT -

Ex-Postions

Attorney General

Dianthus S.p.a.

- Fiscal Code : 03009430152

Residence:

Libia

, 7

- 20135

Milano

(MI)

- IT -

Ex-Postions

Auditor

Innocenti

Alessandro

Born in Livorno

(LI)

on 17/04/1974

- Fiscal Code : NNCLSN74D17E625Y

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Palmerini

Franco

Born in Barga

(LU)

on 15/05/1965

- Fiscal Code : PLMFNC65E15A657J

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Mancano

Giuseppe

Born in Foggia

(FG)

on 25/05/1956

- Fiscal Code : MNCGPP56E25D643C

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Attorney with special power

Koch

Joachim Hermann

Born in Hagen

( )

on 08/04/1965

- Fiscal Code : KCHJHM65D08Z112G

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Procurator

Amador Reis Alves Moreira

Nuno Goncalo

Born in Feira-santa Maria Da Feira

( )

on 26/06/1974

- Fiscal Code : MDRNGN74H26Z128P

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Del Corso

Roberto

Born in La Spezia

(SP)

on 08/06/1978

- Fiscal Code : DLCRRT78H08E463Y

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Attorney General

Pinto

Giuseppe

Born in Napoli

(NA)

on 26/08/1974

- Fiscal Code : PNTGPP74M26F839C

Residence:

De Barucci

, 2

- 50127

Firenze

(FI)

- IT -

Ex-Postions

Works Manager

CEASINGS/INCORPORATIONS/MERGES:

Project of merging by taking over of

Europa Metalli Spa

Pinti

, 97/99

, 50121

, Firenze

(FI)

- IT -

Fiscal Code: 04594590483

Date

Merging/splitting-up project:

11/05/2001

The firm absorbed by merging of

Europa Metalli Spa

Pinti

, 97/99

, 50121

, Firenze

(FI)

- IT -

Fiscal Code: 04594590483

Date

:

22/10/2001

Project of splitting-up and tranfer from

Immobiliare Agricola Limestre S.r.l.

Ximenes

, 716

, 51028

, San Marcello Pistoiese

(PT)

- IT -

Fiscal Code: 01563570470

Date

Merging/splitting-up project:

16/07/2007

Splitting-up and tranfer from the company

Immobiliare Agricola Limestre S.r.l.

Ximenes

, 716

, 51028

, San Marcello Pistoiese

(PT)

- IT -

Fiscal Code: 01563570470

Date

Splitting-up:

19/11/2007

Protests

Protests checking on the subject firm has given a negative result.

Data Base Prejudicial Events Search

Search performed on a National Scale

Prejudicial Events Search Result: NEGATIVE

Search performed on a specialized data base.

Legal Procedures

None reported, standing to the latest received edition of the Official Publications.

Financial and Economical Analysis

Company's starting of activities dates back to 2001.

The eonomic-financial analysis is based on the latest 3 b/s.

During the last years, net losses were registered; in 2013 r.o.e. is -11,8%. Losses are due to turnover decrease registered over the last years.

A loss is registered as to the operating result (-2,43%).

The amount of the operating loss for 2013 is equal to Eur. -8.253.870.

A gross operating margine for a value of Eur. 1.941.977 was reached. growing by more then 100% if compared to the year before.

The analysis shows a fair financial position as the indebtedness volume is acceptable (1,64) even though on the increase if compared to 2012.

The management generated equity capital for an amount of Eur. 112.216.899 , unchanged if compared to 2012.

In the year 2013 total debts amounted to Eur. 194.772.894 with no important change.

Financial debts exposure is under control while the recourse to commercial credit is rather frequent but lined up with the field's average.

Liquidity is good (1,14)

On average trade credits are collected in 27,41 days. , a value lower than the sector's average.

A negative cash flow marked the year 2013 totalling Eur. -6.294.058.

Labour cost expenses amount to Eur. 40.053.880 , representing 8,65% on the total of production costs. and a 8,86% incidence on sales volumes.

The financial management is positive as incomes are higher than the charges.

Financial Data

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

Item Type	Value
Sales	451.825.855
Profit (Loss) for the period	-13.238.905

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

Item Type	Value
Sales	540.922.000
Profit (Loss) for the period	-108.873.000

Complete balance-sheet for the year

al 31/12/2011

(in Eur

x 1)

Item Type	Value
Sales	617.779.248
Profit (Loss) for the period	-21.719.335

Complete balance-sheet for the year

al 31/12/2010

(in Eur

x 1)

Item Type	Value
Sales	651.980.298
Profit (Loss) for the period	-10.702.057

Complete balance-sheet for the year

al 31/12/2009

(in Eur

x 1)

Item Type	Value
Sales	451.019.000
Profit (Loss) for the period	-22.694.000

Balance Sheets

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

- Balance Sheet as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1

- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1

- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

Years

2013

2012

2011

BALANCE SHEET ACCOUNTS

ASSETS
CREDITS VS PARTNERS
. Deposits not yet withdrawn
. Deposits already withdrawn
Total credits vs partners
FIXED ASSETS
. INTANGIBLE FIXED ASSETS
. . Start-up and expansion expenses
. . Research,develop. and advert.expens.
. . Industrial patent rights		400.000
. . Concessions,licenses,trademarks,etc.	72.106
. . Goodwill
. . Assets in formation and advance paymen.	32.000
. . Other intangible fixed assets			303.034
. Total Intangible Fixed Assets	104.106	400.000	303.034
. TANGIBLE FIXED ASSETS
. . Real estate	48.212.707	49.773.000	25.360.146
. . Plant and machinery	59.121.125	57.260.000	201.032.642
. . Industrial and commercial equipment
. . Other assets	1.728.000	2.510.000
. . Assets under construction and advances	2.229.000	3.071.000
. Total Tangible fixed assets	111.290.832	112.614.000	226.392.788
. FINANCIAL FIXED ASSETS
. . Equity investments	15.283.626	15.284.000	15.284.142
. . . Equity invest. in subsidiary companies	15.140.000	15.140.000	15.140.000
. . . Equity invest. in associated companies
. . . Equity invest. in holding companies
. . . Equity invest. in other companies	143.626	144.000	144.142
. . Financial receivables	159.432	236.000	292.022
. . . . Within 12 months
. . . . Beyond 12 months	159.432	236.000	292.022
. . . Receivab due from subsidiaries
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from assoc.comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from holding comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from third parties	159.432	236.000	292.022
. . . . Within 12 months
. . . . Beyond 12 months	159.432	236.000	292.022
. . Other securities
. . Own shares
. . . Total nominal value
. Total financial fixed assets	15.443.058	15.520.000	15.576.164
Total fixed assets	126.837.996	128.534.000	242.271.986
CURRENT ASSETS
. INVENTORIES
. . Raw materials and other consumables	79.858.108	98.148.000
. . Work in progress and semimanufactured	3.701.000	5.822.000
. . Work in progress on order
. . Finished goods	5.765.000	5.831.000
. . Advance payments
. Total Inventories	89.324.108	109.801.000	127.816.883
. CREDITS NOT HELD AS FIXED ASSETS
. . Within 12 months	84.094.515	76.484.000	72.248.545
. . Beyond 12 months	37.627.403	44.779.000	9.794.917
. . Trade receivables	34.397.287	30.320.000	65.710.873
. . . . Within 12 months	34.397.287	30.320.000	65.710.873
. . . . Beyond 12 months
. . Receivables due from subsid. comp.	16.419.000
. . . . Within 12 months	16.419.000
. . . . Beyond 12 months
. . Receivables due from assoc. comp.	26.076.000	38.744.000
. . . . Within 12 months	26.076.000	38.744.000
. . . . Beyond 12 months
. . Receivables due from holding comp.	1.000
. . . . Within 12 months	1.000
. . . . Beyond 12 months
. . Fiscal Receivables	1.302.000	782.000
. . . . Within 12 months	1.302.000	782.000
. . . . Beyond 12 months
. . Receivables for anticipated taxes	37.627.403	44.779.000	9.794.917
. . . . Within 12 months
. . . . Beyond 12 months	37.627.403	44.779.000	9.794.917
. . Receivables due from third parties	5.899.228	6.638.000	6.537.672
. . . . Within 12 months	5.899.228	6.638.000	6.537.672
. . . . Beyond 12 months
. Total Credits not held as fixed assets	121.721.918	121.263.000	82.043.462
. FINANCIAL ASSETS
. . Equity invest. in subsidiary comp.
. . Equity invest. in associated companies
. . Equity invest. in holding companies
. . Other equity investments
. . Own shares
. . . Total nominale value
. . Other securities		3.530.000
. Total Financial Assets		3.530.000	10.628.286
. LIQUID FUNDS
. . Bank and post office deposits	1.055.717	2.747.000
. . Checks
. . Banknotes and coins	5.000	11.000
. Total Liquid funds	1.060.717	2.758.000	12.839.266
Total current assets	212.106.743	237.352.000	233.327.897
ADJUSTMENT ACCOUNTS
. Discount on loans
. Other adjustment accounts	989.000	1.082.000
Total adjustments accounts	989.000	1.082.000
TOTAL ASSETS	339.933.739	366.968.000	475.599.883
LIABILITIES
STOCKHOLDERS' EQUITY
. Capital stock	103.839.000	103.839.000	103.839.000
. Additional paid-in capital
. Revaluation reserves
. Legal reserve
. Reserve for Own shares
. Statute reserves
. Other reserves	21.616.804	162.066.000	1.364.231
. Accumulated Profits (Losses)		-32.421.000	-10.702.057
. Profit( loss) of the year	-13.238.905	-108.873.000	-21.719.335
. Advances on dividends
. Partial loss of the year Coverage
Total Stockholders'Equity	112.216.899	124.611.000	72.781.839
RESERVES FOR RISKS AND CHARGES
. . Reserve for employee termination indem.
. . Taxation fund, also differed	15.722.000	17.000.000	17.820.000
. . Other funds	3.365.736	7.350.000	4.900.480
Total Reserves for Risks and Charges	19.087.736	24.350.000	22.720.480
Employee termination indemnities	11.843.210	12.580.000	13.263.613
ACCOUNTS PAYABLE
. . . . Within 12 months	185.429.682	187.736.000	353.783.999
. . . . Beyond 12 months	9.343.212	15.396.000	13.049.952
. . Bonds
. . . . Within 12 months
. . . . Beyond 12 months
. . Convertible bonds repayable
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to shareholders for financing
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to banks	9.354.332	10.673.000	236.186.164
. . . . Within 12 months	5.512.332	1.659.000	223.136.212
. . . . Beyond 12 months	3.842.000	9.014.000	13.049.952
. . Due to other providers of finance	37.086.212	29.229.000
. . . . Within 12 months	31.585.000	22.847.000
. . . . Beyond 12 months	5.501.212	6.382.000
. . Advances from customers
. . . . Within 12 months
. . . . Beyond 12 months
. . Trade payables	81.784.493	125.586.000	111.329.745
. . . . Within 12 months	81.784.493	125.586.000	111.329.745
. . . . Beyond 12 months
. . Securities issued
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to subsidiary companies	15.532.000
. . . . Within 12 months	15.532.000
. . . . Beyond 12 months
. . Due to associated companies	677.000	12.199.000
. . . . Within 12 months	677.000	12.199.000
. . . . Beyond 12 months
. . Due to holding companies	40.528.000	10.000.000
. . . . Within 12 months	40.528.000	10.000.000
. . . . Beyond 12 months
. . Due to the tax authorities	1.480.000	3.271.000
. . . . Within 12 months	1.480.000	3.271.000
. . . . Beyond 12 months
. . Due to social security and welfare inst.	2.036.000	2.757.000
. . . . Within 12 months	2.036.000	2.757.000
. . . . Beyond 12 months
. . Other payables	6.294.857	9.417.000	19.318.042
. . . . Within 12 months	6.294.857	9.417.000	19.318.042
. . . . Beyond 12 months
Total accounts payable	194.772.894	203.132.000	366.833.951
ADJUSTMENT ACCOUNTS
. Agio on loans
. Other adjustment accounts	2.013.000	2.295.000
Total adjustment accounts	2.013.000	2.295.000
TOTAL LIABILITIES	339.933.739	366.968.000	475.599.883

MEMORANDUM ACCOUNTS

Third party goods

Investment accounts

Risk accounts

Civil and fiscal norms relation

PROFIT AND LOSS ACCOUNTS

VALUE OF PRODUCTION
. Revenues from sales and services	451.825.855	540.922.000	617.779.248
. Changes in work in progress	-2.099.099	-1.886.000	-1.084.711
. Changes in semi-manufact. products	-89.000
. Capitalization of internal work	735.124	2.171.000	3.581.214
. Other income and revenues	4.410.682	3.769.000	5.175.538
. . Contributions for operating expenses	418.000	21.000
. . Different income and revenues	3.992.682	3.748.000	5.175.538
Total value of production	454.783.562	544.976.000	625.451.289
PRODUCTION COSTS
. Raw material,other materials and consum.	345.693.650	409.454.000	489.771.272
. Services received	44.455.055	61.884.000	71.209.245
. Leases and rentals	1.576.000	2.833.000
. Payroll and related costs	40.053.880	59.180.000	64.729.508
. . Wages and salaries	28.338.880	42.642.000
. . Social security contributions	9.200.000	13.466.000
. . Employee termination indemnities
. . Pension and similar
. . Other costs	2.515.000	3.072.000
. Amortization and depreciation	6.944.847	131.762.000	14.566.457
. . Amortization of intangible fixed assets	6.887.847	280.000
. . Amortization of tangible fixed assets	57.000	16.406.000
. . Depreciation of tangible fixed assets		113.358.000
. . Writedown of current receiv.and of liquid		1.718.000
. Changes in raw materials	18.290.000	16.130.000
. Provisions to risk reserves	1.446.000	2.907.000
. Other provisions	1.805.000
. Other operating costs	2.773.000
Total production costs	463.037.432	684.150.000	640.276.482
Diff. between value and cost of product.	-8.253.870	-139.174.000	-14.825.193
FINANCIAL INCOME AND EXPENSE
. Income from equity investments	4.430.000	1.670.000
. . In subsidiary companies
. . In associated companies
. . In other companies
. Other financial income	39.003	36.000	9.209.267
. . Financ.income from receivables
. . . Towards subsidiary companies
. . . Towards associated companies
. . . Towards holding companies
. . . Towards other companies
. . Financ.income from secur. t.f.assets
. . Financ.income from secur. cur.assets
. . Financ.income other than the above			9.209.267
. . . - Subsidiary companies
. . . - Associated companies
. . . - Holding companies
. . . - Other companies			9.209.267
. Interest and other financial expense	-3.461.359	-8.290.000	-17.862.296
. . Towards subsidiary companies
. . Towards associated companies
. . Towards holding companies
. . Towards other companies			-17.862.296
Total financial income and expense	1.007.644	-6.584.000	-8.653.029
ADJUSTMENTS TO FINANCIAL ASSETS
. Revaluations
. . Of equity investments
. . Of financ.fixed assets not repres.E.I.
. . Of securities incl.among current assets
. Devaluation
. . Of equity investments
. . Of financial fixed assets (no equity inv)
. . Of securities included among current ass
Total adjustments to financial assets
EXTRAORDINARY INCOME AND EXPENSE
. Extraordinary income
. . Gains on disposals
. . Other extraordinary income
. Extraordinary expense		-4.000
. . Losses on disposals
. . Taxes relating to prior years		-4.000
. . Other extraordinary expense
Total extraordinary income and expense		-4.000
Results before income taxes	-7.246.226	-145.762.000	-23.478.222
. Taxes on current income	5.992.679	-36.889.000	-1.758.887
. . current taxes	-467.976	951.000
. . differed taxes(anticip.)	6.460.655	-37.840.000	-1.758.887
. Net income for the period	-13.238.905	-108.873.000	-21.719.335
. Adjustments in tax regulations pursuance
. Provisions in tax regulations pursuance
. Profit (loss) of the year	-13.238.905	-108.873.000	-21.719.335

RATIOS	Value Type	as at 31/12/2013	as at 31/12/2012	as at 31/12/2011	Sector Average
COMPOSITION ON INVESTMENT
Rigidity Ratio	Units	0,37	0,35	0,51	0,28
Elasticity Ratio	Units	0,62	0,65	0,49	0,69
Availability of stock	Units	0,26	0,30	0,27	0,18
Total Liquidity Ratio	Units	0,36	0,35	0,22	0,45
Quick Ratio	Units	0,00	0,02	0,05	0,01
COMPOSITION ON SOURCE
Net Short-term indebtedness	Units	1,64	1,48	4,68	2,10
Self Financing Ratio	Units	0,33	0,34	0,15	0,23
Capital protection Ratio	Units	0,19	1,04	-0,13	0,65
Liabilities consolidation quotient	Units	0,11	0,15	0,07	0,25
Financing	Units	1,74	1,63	5,04	2,83
Permanent Indebtedness Ratio	Units	0,39	0,42	0,21	0,42
M/L term Debts Ratio	Units	0,06	0,08	0,06	0,15
Net Financial Indebtedness Ratio	Units	0,40	0,30	3,07	0,95
CORRELATION
Fixed assets ratio	Units	1,05	1,19	0,41	1,25
Current ratio	Units	1,14	1,26	0,66	1,10
Acid Test Ratio-Liquidity Ratio	Units	0,66	0,68	0,30	0,80
Structure's primary quotient	Units	0,88	0,97	0,30	0,91
Treasury's primary quotient	Units	0,01	0,03	0,07	0,02
Rate of indebtedness ( Leverage )	%	302,93	294,49	653,46	425,62
Current Capital ( net )	Value	26.677.061	49.616.000	-120.456.102	326.461
RETURN
Return on Sales	%	-1,39	4,23	-1,16	2,82
Return on Equity - Net- ( R.O.E. )	%	-11,80	-87,37	-29,84	0,74
Return on Equity - Gross - ( R.O.E. )	%	-6,46	-116,97	-32,26	4,71
Return on Investment ( R.O.I. )	%	-2,43	-37,93	-3,12	2,84
Return/ Sales	%	-1,83	-25,73	-2,40	2,61
Extra Management revenues/charges incid.	%	n.c.	n.c.	n.c.	20,45
Cash Flow	Value	-6.294.058	22.889.000	-7.152.878	123.590
Operating Profit	Value	-8.253.870	-139.174.000	-14.825.193	136.150
Gross Operating Margin	Value	1.941.977	-4.505.000	-258.736	559.576
MANAGEMENT
Credits to clients average term	Days	27,41	20,18	38,29	104,22
Debts to suppliers average term	Days	127,30	112,20	71,44	108,44
Average stock waiting period	Days	71,17	73,08	74,48	52,02
Rate of capital employed return ( Turnover )	Units	1,33	1,47	1,30	1,25
Rate of stock return	Units	5,06	4,93	4,83	6,92
Labour cost incidence	%	8,86	10,94	10,48	12,54
Net financial revenues/ charges incidence	%	0,22	-1,22	-1,40	-2,23
Labour cost on purchasing expenses	%	8,65	8,65	10,11	12,49
Short-term financing charges	%	1,78	4,08	4,87	3,97
Capital on hand	%	75,24	67,84	76,99	79,95
Sales pro employee	Value	455.929	452.654	305.529	277.545
Labour cost pro employee	Value	40.417	49.523	32.013	32.833

Remarks

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

Market / Territory Data

Population living in the province	:	965.388
Population living in the region	:	3.598.269
Number of families in the region	:	1.474.681

Monthly family expences average in the region (in Eur..) :

- per food products	:	444
- per non food products	:	2.009
- per energy consume	:	122

Sector Data

The values are calculated on a base of 213 significant companies.

The companies cash their credits on an average of 104 dd.

The average duration of suppliers debts is about 108 dd.

The sector's profitability is on an average of 2,82%.

The labour cost affects the turnover in the measure of 12,54%.

Goods are held in stock in a range of 52 dd.

The difference between the sales volume and the resources used to realize it is about 1,25.

The employees costs represent the 12,49% of the production costs.

Statistical Detrimental Data

Statistcally the trade activity shows periods of crisis.

The area is statistically considered moderately risky.

In the region 24.960 protested subjects are found; in the province they count to 5.242.

The insolvency index for the region is 0,70, , while for the province it is 0,55.

Total Bankrupt companies in the province : 6.520.

Total Bankrupt companies in the region : 20.423.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.54
UK Pound	1	Rs.99.73
Euro	1	Rs.79.54

INFORMATION DETAILS

Analysis Done by :	RAS
Report Prepared by :	SMN

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.