Mandatory tender offer on the ordinary shares of Pirelli & C S.p.A. launched by Marco Polo Industrial Holding S.p.A.

Notice pursuant to Article 41 of the Consob Regulation no. 11971/1999

With reference to the mandatory tender offer concerning up to maximum no. 364,328,141 ordinary shares of Pirelli & C. S.p.A. ("Pirelli") launched by Marco Polo Industrial Holding S.p.A. (the "Bidder"), UniCredit S.p.A., as person acting in concert with the Bidder, pursuant to Article 41, paragraph 2, letter c), no. 1), of Consob Regulation no. 11971/1999, announces that on August 27, 2015 its subsidiary UniCredit Bank AG executed the following transaction:

The purchase transaction of the ordinary shares of Pirelli took place on the market, with the purpose of settlement of a stock lending position and with settlement date on August 31, 2015.

Milan, August 27 2015