Board of Directors' 2017 annual report on the corporate system approved on 15th March 2018

In accordance with the directives in force on the Regulations of the Markets organised and managed by Borsa Italiana S.p.A., listed companies are obliged to supply information about their own Corporate Governance system and their adherence to Listed Company Behaviour Code at regular annual intervals.

In compliance with these instructions, the CAD IT Board of Directors approved the Corporate Governance annual report on 15th March 2018.