Rome, 10 March 2016 - The ENAV S.p.A. General Meeting of Members met today under the chairmanship of Ferdinando Franco Falco Beccalli to approve a share listing plan of the Company and resolved to submit to Borsa Italiana (the Milan Stock Exchange) an application for the Company's common share listing on the MTA (Italian Equities Market).

The transaction will consist of a share offer representing a maximum of 49% of the Company's capital; in particular, a part of the offer is designed for Italian private investors and may also include a portion reserved for the Company's employees, whereas the remaining part is meant for institutional placement (Italian and international institutional investors).

The General Meeting also approved, with immediate effect, the text of the new Articles of Association, which provides for an increase in the number of members of the Governing Board. In the new text, the Board will have a minimum of five and a maximum of nine members. The purpose of this increase is to provide the Board with further delegated powers that are instrumental in the Company's privatisation process and in ensuring a suitable composition of the Board's internal Committees already set up, or to set up in the future.

The General Meeting also specified that the Articles will come into force at the time of the Company's share listing, in compliance with the provisions of the applicable legal and regulatory framework governing companies that access capital markets, and in accordance with the Self-Governance Code adopted by the Corporate Governance Committee.