NEWS

1 December 2014

VRV Board of Directors announces the appointment of Fabio Villa to Managing Director

VRV Board of Directors announces the appointment of Fabio Villa to Managing Director, with effect from 1st December 2014.

This decision acknowledges the merits, the commitment and professionalism of Fabio Villa who alongside with the Ownership, with tenacity and dedication, has always been able to face the difficulties encountered in achieving Company goals. This option also supports the internationalization process in which the Company is engaged and its managerial development.

We thank Fabio Villa for his work and we extend a strong wish for his future commitments.