Press release concerning Pubblication of the Slates of Candidates field for the Election of the New Board of Directors

Rome, 6 April 2017 – Rai Way S.p.A. announces that the slates of candidates, with the required accompanying documentation and information, which were filed for the election of members of the new Board of Directors - as per item 5 on the agenda of the Ordinary Shareholder Meeting of 28 April 2017 - are now available to the public at the Company’s headquarters, on its website, www.raiway.it (Corporate Governance/Shareholders’ Meetings/Meetings/Ordinary Meeting of 28 April 2017) and on the authorised warehouse mechanism 1Info (www.1Info.it).

The following slates were filed:

• Slate filed by RAI - Radiotelevisione Italiana S.p.A., which holds an equity interest of approximately 64.971% in Rai Way S.p.A.’s share capital:

1. Raffaele Agrusti;
2. Aldo Mancino;
3. Gian Paolo Tagliavia;
4. Joyce Victoria Bigio (*);
5. Anna Gatti (*);
6. Fabio Colasanti (*);
7. Donatella Sciuto (*);
8. Paola Tagliavini (*).
   (*) Candidate who stated to fulfil the independence requirements provided for by law (articles 147-ter, paragraph 4, and 148, paragraph 3, of the Consolidated Law on Finance) as well as article 3 of the Corporate Governance Code for listed companies.

• Slate filed by Artemis Investment Management LLP, on behalf and as manager of investment funds holding a combined equity interest of approximately 8.455% in Rai Way S.p.A. share capital:

1. Umberto Mosetti (*).
   (*) Candidate who stated to fulfil the independence requirements provided for by law (articles 147-ter, paragraph 4, and 148, paragraph 3, of the Consolidated Law on Finance) as well as article 3 of the Corporate Governance Code for listed companies.

Moreover, in the communication accompanying the filing of its slate, the majority shareholder, Rai - Radiotelevisione Italiana S.p.A., indicated its intention of proposing to the Shareholders at the General Meeting:

• with respect to item 3 (“Determination of the number of members of the Board of Directors. Relevant resolutions.”) on the agenda, to set at 9 the number of members of the newly-elected Board of Directors;
• with respect to item 4 (“Determination of the term of office of Directors. Relevant resolutions.”) on the agenda, to set at three financial years the term of office of the newly-elected Board of Directors, that is until the date of Shareholders’ Meeting approving the 2019 financial statements;
• with respect to item 6 (“Appointment of the Chairman of the Board of Directors. Relevant resolutions.”) on the agenda, to appoint Raffaele Agrusti as Chairman of the Board of Directors;
• with respect to item 7 (“Determination of Directors’ compensation. Relevant resolutions.”) on the agenda, to set at €475,000.00 per year the maximum gross compensation for the Board of Directors. Such amount will be allocated among the Directors, pursuant to a resolution adopted by the Board, also considering the emoluments to be provided to the members of Board committees and without prejudice to the Board of Directors’ ability, provided for by the articles of association, to set – after consultation with the Board of Statutory Auditors – the remuneration of the Chairman of the Board, the Deputy Chairman, the CEO and, in general, of the Directors serving in specific capacities, in accordance with article 2389 of the Italian civil code.

Press release concerning Pubblication of the Slates of Candidates field for the Election of the New Board of Directors