Ferretti International Holding (FIH), the controlling shareholder of Ferretti International Holding (FIH), the controlling shareholder of Ferretti International Holding (FIH), the controlling shareholder of Ferretti Ferretti, announced today the decision "to not to accept and to have no intention of accepting" the conditional and partial voluntary takeover bid launched by KKCG Maritime, a wholly owned company controlled by the Swiss investment company KKCG founded by Czech entrepreneur Karel Komárek, reaffirming rather, "its strong confidence in the long-term strategy period of society, in its industrial and in its growth prospects".

KKCG Maritime announced its bid on Monday to Ferretti shareholders based on a price of 3.50 euros, value almost similar to that of today's opening price of the stock on the Italian Stock Exchange with respect to a closing price of 3.828 euros yesterday and compared to yesterday's closing price of 34 Hong Kong dollars (3.72 euros) and today's opening of 35.2 dollars on the Hong Kong Stock Exchange. The goal declared by KKCG Maritime is to aim to increase its 14.5% to 29.9% of the share capital as well as the to consequently exercise their right to vote for support the election of candidates proposed for the Board of Directors Administration at the next General Meeting annual of Ferretti.