Proposal by the Board of Directors to the Shareholders of Salini Impregilo S.p.A.

Dear Shareholders,

The financial statements of Salini Impregilo S.p.A. at December 31, 2015 prepared for your approval, show a profit for the year of €35,730,601.57, which we propose be allocated as follows:

  • €1,786,530.08, equal to 5% of the profit for the year, to the Legal Reserve; • €19,562,732.56 as a dividend to the holders of ordinary shares, equal to €0.04 per share;
  • €420,027.66 as a dividend to the holders of savings shares, in line with applicable Bylaws, equal to €0.26 per share, as per article 33.b) of the company Bylaws;
  • €13,961,311.27 to be carried forward.

In view of the calendar approved by Borsa Italiana S.p.A., we suggest that the aforementioned dividends should paid out on May 25, 2016, with May 23, 2016 as coupon date (record date May 24, 2016).

On behalf of the Board of Directors

The Chairman