Poligrafica San Faustino : April 23, 2014 - Shareholders' Meeting approved the 2013 Financial Statements

 Approved the Financial Statement as at December 31, 2013

 Renewal of authorization to purchase and own shares

 Determined the annual remuneration of the members of the Board

Castrezzato, April 23, 2014

The Shareholders' meeting of Poligrafica S. Faustino, listed on the STAR segment of the Italian
stock exchange and active in communication technology services, met today presidency of Alberto Frigoli.
under the

The shareholders'
meeting has taken note of the
consolidated financial
statements and has
reviewed and approved the Financial Statements as at December 31, 2013.

Main consolidated data

Poligrafica
S. Faustino Group
achieved total sales for Euro
39.5 milliion (Euro
40.7 as at
December 31, 2012); the variation is mainly attributable to
the performance of
traditional
graphic arts industry in the second quarter of the year, balanced by the positive performance of the multimedia and web agency.

was positive for Euro 0.94 million (it
was negative for Euro 0.66 million as at
December 31, 2012); the significant improvement in margin is attributable to rationalization of staff costs and services.

4.91 million as at
December
31, 2012
(when it
was linked
to significant write-downs on
goodwill
of Euro 3.4 million).

positive
for Euro 0,02 million
(negative for Euro 5.18 million as at December 31, 2012). Net profit is negative for Euro 0.23 million, with a significant increase as per December 31, 2012 (negative for Euro 5.53 million).
Consolidated Net Financial

equal to
Euro 5.2
million (Euro 6.2 million as at
December 31, 2012 and Euro 5.9 million as at September 30, 2013).

Poligrafica S. Faustino S.p.A. results and profit destination

During 2013 the holding has achieved sales for Euro 27.70 million (Euro 29.16 million as at
December 31, 2012). EBITDA is positive
for Euro 0.41 million (it was negative for Euro 0.47
million at December 31, 2012). EBIT is negative for Euro 0.23 million (negative for Euro 6.09 million as at December 31, 2012).
Shareholders' meeting resolved to cover available reserves.
the loss, equal to Euro 475,650, through the use of

The Shareholders'
meeting resolved in
favor to
the First
Section of
the Report on the
remuneration pursuant the article 123-ter of Legislative Decree 58/1998.

The Shareholders'
meeting also approved the renewal of
the Board
of Directors for the
program
to purchase and sale own shares, aimed
at the opportunity
to have
an efficient
investment of liquidity in the
development of the
company
and in the evolution of stock
markets and allow the use of treasury shares in connection with transactions related to current
management and industrial projects that are coherent with company itself.
the strategic guidelines of the
This renewal is valid for a period from
now until
the day before the
approval of the 2014
Financial
Statements and within a maximum of eighteen months from
the resolution of the
Shareholders' meeting. The procedures for implementing the program imply the acquisition of a maximum number of 238,821 shares with a nominal value of Euro 5.16 each, at a unit price not less than Euro 1.00 each and not more than Euro 50.00 with the added constraint that the amount of the shares shall not exceed at any time the amount of Euro 715,000 (subject to the limits of disposable income and reserves available as per the article 2357, first paragraph, Civil Code). The company may also proceed to dispose of the shares purchased, at a unit price not less than the lower of the purchase prices of own shares.
During the year there were no conditions for the purchase of new shares either for the use of those already in the portfolio.
To date the company holds No. 61,840 own shares equal to 5.179% of capital stock.

The Shareholders' meeting also determined the ann
al remuneration for the Board of Directors
in the overall measurement of Euro 1,149,055, in line with the resolution of the previous year, with effect from 1st May 2014 and authorized the same to provide a compensation add-in for managing directors linked to the economic results of the company and / or the achievement of specific objectives, following the opinion of the Remuneration Committee.
Therefore
the Board, met at the end of
the Shareholders' meeting, with the approval of the
Remuneration Committee and in accordance with the Policy on Remuneration, decided that in
addition to fixed remuneration payable to Managing Directors, variable
part is so calculated:
Euro 120,000 when Ebit equal to Euro 1.4 million is reached; Euro 180,000 when Ebit equal to
Euro 3 million is reached; Euro 200,000
when Ebit equal to Euro 6 million is reached; Euro
600,000
when Ebit equal to Euro 12 million is reached. The figure refers to the sum of Ebit
achieved in the 2013-2014 period.
The minutes of the resolutions of the Shareholders' meeting and the synthetic statement of the
voting will be available for the
ublic in the terms and with the modalities as provided by law.

Mrs. Cristina Capitanio, the account manager responsible for the accounting

documents,

declares that, according to the article 154-bis, paragraph 2, of "Testo Unico della Finanza", the

accounting data and the information collected in documents and the accounting books.

this press release

corresponds to the

Investor Relations Manager

Anna Lambiase

IR TOP, Investor Relations Experts

Tel. +39.02.45473884/3 www.irtop.com

E-mail: a.lambiase@psf.it

Company Affairs Department

Emanuele Nugnes

Tel. +39.030.7049213

E-mail: e.nugnes@psf.it

Web www.psf.it

Poligrafica San Faustino (Reuters: PSF.MI) company quoted on the MTA Market - STAR Segment Italian

Stock Exchange, is a

Group which is specialized in publishing services and that integrates skills in

communications, printing, packaging & labels, web, procurement.

electronic

document

management and e-

The Group Sanfaustino works like a network able to offer the study, design and implementation of media and promotion strategies, acquisition, loyalty, direct, incentive travel, corporate, management of flows

and data processing, e- Procurement, in web strategy and electronic document management.

Specialist: Integrae Sim S.p.A. - www.psf.it

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