Resignation of a Member of the Board

Milan, 24 May 2016 – Prelios S.p.A. informs that Mr Andrea Mangoni, non-executive and independent director, resigned from his office as member of the Board of Directors of the Company due to unexpected professional engagements that prevent him from continuing with his office.

Mr Andrea Mangoni was not a member of internal committees and at the time of his resignation held no company shares.

The company wishes to thank Mr Andrea Mangoni for his work and efforts in performing his duties.