Motion for approval of the statutory financial statements and allocation of 2013 net result


We hereby submit for your approval the Statutory Financial Statements for the year ended 31 December 2013, which report a net loss of €226,697,618. We propose that the loss be allocated to the Retained Profit reserve, bringing the value of the reserve to €1,537,084,936.


27 February 2014


On behalf of the Board of Directors


/s/ John Elkann


John Elkann