Alitalia Board of Directors of 14 February 2013

Rome, 14 February 2013 – The Board of Directors of Alitalia – Compagnia Aerea Italiana S.p.A., chaired by Mr. Roberto Colaninno, met today and examined and approved a proposal of a convertible shareholder loan with a maximum value of euro 150,000,000, which each shareholder may underwrite proportionally to his shareholding.

The Board of Directors has therefore decided to convene the Shareholders’ Meeting on 22 February to approve the convertible shareholder loan.