Mi sembra strano, visto che il prospetto prevede questo.
Italy
None of the Offers, this Exchange Offer Memorandum or any other documents or materials relating to the
Offers have been submitted to the clearance procedures of the Commissione Nazionale per le Società e la
Borsa (CONSOB) pursuant to Italian laws and regulations. Each Offer is being carried out in the Republic
of Italy (Italy) as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree
No. 58 of 24 February 1998, as amended (the Financial Services Act) and article 35-bis, paragraph 4, letter
b) of CONSOB Regulation No. 11971 of 14 May 1999, as amended. Holders or beneficial owners of the
Existing Securities may offer to exchange their Existing Securities in the Offers through authorised persons
(such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in
accordance with the Financial Services Act, CONSOB Regulation No. 16190 of 29 October 2007, as
amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in
compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other
Italian authority.