Fincantieri: The release from seizure of theMonfalcone areas

Trieste, 6 July 2015 – Fincantieri announces that today, the Prosecutor's Office of Gorizia has ordered the release of the areas in Monfalcone shipyard subject to seizure on 29 June. The working activities for all the workers involved in the production cycle of the Monfalcone shipyard will resume as of
tomorrow.
Fincantieri thanks the Government, the institutions and all those who in recent days have spoken out in favour of the protection of the company and the right to work, which shall always be safeguarded, especially when the safety and health of workers is not called into question.

With surprise the company has learned that, simultaneously with the notification of the decree of release from seizure, upon request of the same Prosecutor, the director of the shipyard was served with a notice of investigation for alleged violations of the rules related to the Integrated Environmental Authorization.

Fincantieri is one of the world's largest shipbuilding groups and number one by diversification and presence in all high value-added market sectors, having built more than 7,000 vessels in over 230 years of its maritime history. It is world leader in cruise ship construction and a reference player in other sectors, from naval vessels to cruise ferries, from mega-yachts to special high value-added vessels, from ship repairs and conversions to offshore vessels. Headquartered in Trieste (Italy), the Group has approximately 21,900 employees, of whom more than 7,700 in Italy, and 21 shipyards in 4 continents. In 2013 the Group acquired VARD, a company listed on the Singapore Stock Exchange that builds offshore support vessels for oil & gas exploration and production. Fincantieri has doubled in size to become the West's leading shipbuilder. Fincantieri operates in the United States through its subsidiary Fincantieri Marine Group (FMG). This company, which serves important government customers, including the U.S. Navy and Coast Guard, has three shipyards (Marinette Marine, Bay Shipbuilding, Ace Marine), all located in the Great Lakes region. Fincantieri is present in the UAE with Etihad Ship Building, a joint venture set up with Al Fattan Ship Industries and Melara Middle East, to design, produce and sell different types of civilian and military ships as well as perform maintenance and refitting activities.