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  • INVESTOR PRESENTATIONMAY 2013

  • This document has been prepared by and is the sole responsibility of Maire Tecnimont S.p.A. (the Company) for the sole

    purpose described herein.

    This document and any related presentation does not constitute an offer or invitation to subscribe for or purchase any securities and nothing contained herein shall form the basis of any contract or commitment whatsoever. Any decision to purchase securities in the context of a proposed offering, if any, should be made on the basis of information contained in the offering memorandum published in relation to such an offering. Any securities offered by the Company will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption to registration, or in any other jurisdiction absent compliance with the securities laws of such jurisdiction. Neither this document nor any related presentation nor any copy thereof may be taken or transmitted or distributed, directly or indirectly, into the United States, other than to qualified institutional buyers under Rule 144A under the Securities Act or to non-U.S. persons as defined in Regulation S under the Securities Act.

    In relation to each Member State of the European Economic Area that has implemented the Prospectus Directive 2003/71/EC as amended by Directive 2010/73/EU, this document and any related presentation may only be distributed to and accessed by (a) legal entities that are qualified investors as defined in the Prospectus Directive, (b) fewer than 100 or, if a Member State has implemented the relevant provision of the Directive 2010/73/EU, 150 natural or legal persons (other than qualified investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive, subject to obtaining the prior consent of the relevant dealer or dealers nominated by the Company for any such offeror (c) in any other circumstances falling within Article 3(2) of the Prospectus Directive, provided that no such offer of securities of the Company shall result in a requirement for the publication by the Company or any other person of a prospectus pursuant to Article 3 of the Prospectus Directive.

    Where this communication constitutes a financial promotion/marketing communication, it is issued and distributed in the UK only to, and directed at, (a) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (b) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(1) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons. The UK compensation scheme and rules for the protection of retail clients do not apply to the services provided or products sold by non-UK regulated affiliates.

    The distribution of this document and any related presentation in other jurisdictions may be restricted by law and persons into whose possession this document or any related presentation comes should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction. This presentation, if handed out at a physical investor meeting or presentation, should be promptly returned at the end of such meeting. This document may not be acted on or relied on by persons who are not eligible to invest in securities offered by the Company. Any investment or investment activity to which this communication relates is available only to persons eligible to invest in securities offered by the Company and will be engaged in only with such persons.

    NOT FOR RELEASE PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

    2May 2013

  • May 2013 3NOT FOR RELEASE PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY

    IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

    The content of this document has a merely informative and provisional nature and is not to be construed as providing investment advice. The statements contained herein have not been independently verified. No representation or warranty, either express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, correctness or reliability of the information contained herein. Neither the Company nor any of its representatives shall accept any liability whatsoever (whether in negligence or otherwise) arising in any way in relation to such information or in relation to any loss arising from its use or otherwise arising in connection with this presentation. By attending this presentation or otherwise accessing these materials, you agree to be bound by the foregoing limitations.

    This presentation includes certain forward looking statements, projections, objectives and estimates reflecting the current views of the management of the Company with respect to future events. Forward looking statements, projections, objectives, estimates and forecasts are generally identifiable by the use of the words may, will, should, plan, expect, anticipate, estimate, believe, intend, project, goal or target or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without limitation those regarding the Company's future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where the Company participates or is seeking to participate. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward -looking statements as a prediction of actual results. The Group's ability to achieve its projected objectives or results is dependent on many factors which are outside management's control. Actual results may differ materially from (and be more negative than) those projected or implied in the forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results and is based on certain key assumptions.

    All forward-looking statements included herein are based on information available to the Company as of the date hereof. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements.

  • Built Maire Tecnimont Group over 3 decades through organic growth and acquisitions and is its majority shareholder

    Serves as Chairman of Maire Tecnimont

    09-10 Acquired Stamicarbon and KT (formerly Technip KTI)

    05 Acquired Tecnimont from Edison (entry in O, G & P)

    04 Acquired Fiat Engineering (later MaireEngineering)

    Committee Member of the Federation of Italian Industry (Confindustria), regional org. (Assolombarda, Unindustria) and the Association of Joint Stock Companies incorporated in Italy (Assonime)

    Oct 11-Current CFO of Maire Tecnimont and BoD member of Tecnimont SpA, KT SpA and TCC SpA

    07Sep 11 CFO of Edison and Responsible for IT

    02-07 Director of CentralAdministration, Planning, Control and General Affairs at Techint

    99-02 Pirelli Group most recently asCFO of Pirelli Cavi e Sistemi Energia

    94-99 Kraft Jacobs Suchard mostrecently as Group Controller

    88-94 Financial Consultant at Andersen Consulting

    Started his career at Costruzioni Aeronautiche Giovanni Agusta, as Analystin Controlling

    CHAIRMAN Fabriziodi Amato

    CFO MarcoAndreasi

    TOP MANAGEMENT TEAM

    May 13 appointed CEO

    May 12-April 13 Board Member, Group COO and MD of Tecnimont

    10- Joined Maire Tecnimont as CFO of KT, appointed MD of KT in June `11

    08-10 CFO and COO of Tirrenia diNavigazione contributing to the privatization process

    00-08 Corporate Development Director and previously roles in Administration, Finance and Control at Wind Telecomunicazioni

    Started his career at Agip Petroli (Finance & Control), Ernest & Young (Audit) and PricewaterhouseCoopers (Corporate Finance).

    CEO PierrobertoFolgiero

    NOT FOR RELEASE PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

    4May 2013

  • NOT FOR RELEASE PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

    5May 2013

    Where We Are Now & Financial Reinforcement Plan

    Group Overview

    Backlog & Industry Trends

    Group Strategy & Risk Management

    Financial Data

    Outlook

    Appendix

  • WHERE WE ARE NOW

    Power Contracts Ring-fenced and Fully Provisioned

    Lesson Learned Process to Future Growth

    BEYOND LATIN AMERICA

    about

    500mFinancial Re-organization

    Plan Backlog

    Backlog with high visibility on 2013/14

    about

    300mAsset Disposal Plan

    NEW STRATEGY

    Construction Risk

    High Margi