Edison: the Shareholders' Meeting approves the 2017 annual financial statements

Milan, March 29, 2018 – Edison's Shareholders' Meeting, convened today at the Company's Foro Buonaparte headquarters, approved the financial statements of the parent company Edison Spa for the year 2017, which closed with a net loss of 184 million euros compared to a loss of 250 million euros in 2016, that the Shareholders’ Meeting approved to bring forward, as it was done in the previous year.

The result is due to the volatility connected with hedging activities and the write-downs resulting from the deterioration of the long-term view of the commodity scenario.

The Assembly voted in favor of the Section one of the Compensation Report.

Here below, the voting record of Shareholders’ Meeting:

Item on the Agenda

Number of shares represented and voting at the Shareholders’ Meeting

% of share capital conveying the right to vote

Number of shares in favor

Number of shares against

Number of shares abstaining

Item 1 on the agenda (Approval of Financial Statements at December 31, 2017)

5,241,687,000

99.52

5,241,576,093

5,450

106,257

Item 2 on the agenda (Appropriation of the loss for the year 2017)

5,241,687,000

99.52

5,241,581,543

-

106,257

Item 3 on the agenda (Consultation on “Section one” of the Compensation Report)

5,241,687,000

99.52

5,241,581,543

-

106,257

The Minutes of the Shareholders’ Meeting will be published in the manner and within the deadline required under current regulations.

***

Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended.

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