B.F. SpA

An agreement was signed to acquire approximately 37% of Consorzi Agrari D’Italia (“CAI”), a NewCo which comprises 4 of the biggest Italian consortia. 35% of Master Investment was acquired, an Italian leader in the production and marketing of Matt branded supplements at GDO. Capital increase of € 45 mln in cash subscribed, with the entry of third-party shareholders. Capital increase of 10 million in nature subscribed, for the conferral of the agri-tourism company “Il cicalino”. Eni, B.F. and Coldiretti sign a cooperation agreement for joint diversification of local economies initiatives through sustainable and cutting-edge agriculture techniques with a reduced impact on the ecosystem in Africa. Leonardo and A2A enter IBF Servizi to bolster the development path in the context of precision farming. Capital increase of € 121 mln finalised, of which € 30 mln subscribed by CDP Equity. Approval of the new 2018-20 Industrial Plan and launch of products packaged under the Stagioni D’Italia brand. Acquisition of Bonifiche Sarde and a share in SIS (business leaders in its seed sector). Entry of ISMEA in IBF services, a company founded for the launch of precision farming consultancy services (remote data collection and definition of cultural plans). Entry of CDP Equity in BF (€ 50 mln for a share of ~20%).