As confirmation of what was announced in the November 26 press release pertaining to the merger transaction between the companies Fiat Industrial S.p.A. and CNH Global N.V., EXOR S.p.A. informs that today it has signed an agreement with CNH Global N.V. in which it commits to vote all of its Fiat Industrial shares in favor of the merger transaction.
The agreement will terminate on approval of the merger resolutions by the shareholders’ meetings of the interested companies.
Since this is an agreement concerning the exercise of voting rights in the shareholders’ meeting of a listed company, all the obligations of disclosure will be fulfilled in accordance with art. 122 of Legislative Decree 58/1998 (TUF).
Finally, it should be noted that although this is an agreement with a subsidiary – which would in any case render applicable the exemption provided by art. 14 of Consob Regulation 17221 of March 12, 2010 and the Procedures adopted by EXOR in matters of related party transactions – however the subject of the agreement in question is not recognized among the particular characteristics, referred in the law, which would identify it as a “related party transaction”.