Scope of consolidation as at 30 June 2016

The Snam Group’s scope of consolidation as at 30 June 2016 can be represented as follows:

The changes in the scope of consolidation of the Snam group at 30 June 2016 compared with 31 December 2015 and 30 June 2015 are attributable to:

• AES Torino S.p.A. leaving the scope of consolidation following the merger by incorporation into Italgas S.p.A. with the effective date of 1 January 2016;
• the entry of ITG Holding S.p.A.¹, established on 1 June 2016 with a share capital of €50,000 fully subscribed and paid-up by the sole shareholder Snam S.p.A. The company was established under the scope of the industrial and corporate reorganisation aimed at the separation of Italgas from Snam. For more information please see the next section “Summary data and information – Main events - Separation of Italgas from Snam”.