Ansaldo STS : Corporate offices - Andrew Barr appointed Chief Executive Officer and General Manager

London, 24 May 2016

The Company's Board of Directors, held today under the chairmanship of Alistair Dormer, has appointed by a majority Andrew Barr as Chief Executive Officer and General Manager of the Company.
Andrew Barr was also conferred by a majority all the operational powers necessary for the management of the Company and the Group.

The Board has also: (i) appointed by a majority as Director in charge of internal control and risk management system the Chief Executive Officer Andrew Barr; (ii) confirmed by a majority the designation of the Internal Audit function to the external company Protiviti S.r.l., confirming at the same time Giacomo Galli, Managing Director and Country Leader of that company, as Head of Internal Audit; (iii) confirmed unanimously Roberto Carassai, Chief Financial Officer of the Company, as the Director responsible for drawing up the company's accounting statements pursuant to article 154-bis of the TUF; (iv) confirmed unanimously Nicoletta Garaventa and Alberto Quagli as external members of the Supervisory Board of the Company, as well as Filippo Corsi, General Counsel of Ansaldo STS, as internal member of the Supervisory Board of the Company.

Finally, the Board assessed by a majority - pursuant to art. 148, paragraph 3, of the TUF (applicable to directors pursuant to Art. 147-ter, paragraph 4, of the TUF), to the Corporate Governance Code promoted by the Italian Stock Exchange and art. 37 of Consob Regulation no. 16191 of 29 October 2007 - the independence of Director Mario Garraffo. In assessing its independence requirements pursuant to the Corporate Governance Code, the Board of Directors adopted the assessment criteria set out by the Code itself.

The Curriculum Vitae of Andrew Barr is available on the company's website at www.ansaldo-sts.com.