Resignation of managing director Mr Paolo Ricci. The Board of Directors appoints Ms Francesca Ricci as board member, in compliance with the so-called “Gender Quotas”

The Board of Directors of TerniEnergia, a company active in the renewable energy sectors, energy efficiency and waste management, listed on Star segment of Borsa Italiana, which met today, took note of the resignation of the managing director and Vice-President Mr. Paolo Ricci, who resigned to ensure compliance with the so-called “Gender quotas” and thanked him for the important and constructive contribution since the start of activity to date.
Mr Ricci will continue to operate within the corporate group, maintaining, by means of an appropriate proxy, all operational duties already assigned him by the Board of Directors on May 7, 2013.
At the same time the Board of Directors, in compliance with the provisions introduced by Law 12 July 2011, No. 120 with regard to gender balance in the composition of the Board of Directors and Board of Statutory Auditors and taking account of the provisions of art. 13 of the bylaws, co-opted as a non-executive director Ms Francesca Ricci.
Francesca Ricci is a lawyer, and plays his professional career mainly in the areas of company law and financial markets. The curriculum vitae of the new administrator is available on the company website at www.ternienergia.com.