Rome, 24th July 2017 – ENAV S.p.A. informs that the activities for the assignment of the bonus shares to be granted to the entitled retail investors in Italy will begin on the 26th July 2017, as stated in paragraph 5.2.3.4 of the Prospectus on the Italian Public Offering.

The bonus shares will be made available by the Selling Shareholder, the Italian Ministry of Economy and Finance, and shall be reserved to owners of ENAV shares purchased in the frame of the Italian Public Offering who will have maintained ownership of the above shares for an uninterrupted period of twelve months from the Trading Date of such shares (i.e. 26th July 2016), provided that these shares have remained in deposit with the managers of the Italian Public Offering or with another member of Monte Titoli S.p.A.

The general public will be entitled to n.1 bonus ordinary Company share every 20 shares assigned in the frame of the Public Offering.

The employees of ENAV Group resident in Italy, who hold shares purchased in the frame of the Public Offering reserved to employees, will be granted n.1 bonus ordinary Company share every 10 shares up to the first two lots held, as well as n.1 ordinary Company share every 20 shares, for all other lots held  in addition to the first two.

In both cases, the calculation of bonus shares to be assigned will be carried out by rounding down to the nearest whole number.

Terms for request and assignment

The assignment of bonus shares should be requested by the entitled holder of the shares or employee not later than 30th September 2017, to the managers of the Italian Public Offering or another member of Monte Titoli , and shall be finalized within 30 days from the above date, upon certification issued by the managers of the Italian Public Offering or another member of Monte Titoli , stating the uninterrupted ownership of the shares for 12 months from the Trading Date.

Further information is available in the Prospectus published in the institutional web site (Italian version) www.enav.it on the section “Investor Relations” – Presentazioni e altri documenti”.