Press Release

Prysmian S.p.A. (the Company) has been informed by its shareholder Prysmian (Lux) II S.à r.l. that it intends to sell, together with the other Company’s shareholder Goldman Sachs International, its entire shareholding in the Company – equal to an aggregate amount of approximately 16.804% of the Company’s share capital - through an offering to selected investors. The procedure will start today.

Valerio Battista, the CEO of Prysmian S.p.A., has communicated to the Company that he has placed an order to acquire approximately 1,500,000 shares of the Company.

In its press release, Prysmian (Lux) II S.à r.l. has also specified that, assuming the offering is successfully completed, Michael Ogrinz and Michele Titi-Cappelli will resign their roles on the Company’s Board of Directors as of the completion of the offering. Hugues Lepic and Paolo Zannoni expect to remain on the Board of Directors following the completion of the offering to assist with the transition to new directors, but will resign their roles in the near term, in coordination with the Company.

This announcement is for information purposes only and is not an offer to sell, or the solicitation of an offer to buy, any securities.
The above offering will only be available to the following persons in the United Kingdom: (i) persons having professional experience in matters relating to investments; and (ii) persons falling within Articles 49(2)(a) to (d) of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (high net worth corporations, unincorporated associations etc.). If you are in the United Kingdom and do not fall into one of the above categories, you will not be eligible to participate in the offering, and you should not act upon, or rely on, this announcement.

The above offer and sale of the securities referred to in this announcement has not been, nor will it be, registered under the United States Securities Act of 1933 and the securities may not be offered or sold in the United States absent such registration or an applicable exemption from registration. There will be no public offering of the securities in the United States in connection with this transaction.