0 024 October 2003 Padova E LECTRONIC T ECHNOLOGY S ERVICES 20 Novembre 2003

1 124 October % 4% 2,2% 17,2 % 82,8 % LAquila Sulmona plant Ronchi dei Leg. plant Padova plant S.M. Capua Vetere plant Timisoara Genova / Ariccia Milano S. Marco Evangelista Padova THE GROUP Milano 30 % Hong Kong Shenzhen Hong Kong Shenzhen

2 224 October 2003 THE BUSINESS UNITS GSM Remote Controls GSM/GPRS Home Gateway Vehicle Location Systems Satellite Phones Satellite Modems Access Devices Satellite Broadcasting & STB Home Fast Link Digital Terrestrial TV Electro-mechanical systems for electric energy distribution &metering Telecontrols and industrial automation systems Repair, Installation logistics, and maintenance CPG is a leader in the Industrial and Professional Printer Markets with the most comprehensive set of printing solutions. Electronic Technology Services for manufacturing, testing and integration Products, devices & systems for TLC infrastructures, phones terminals and systems for infomobility T echnology D esign & M anufacturing S ervices

3 324 October 2003 THE HISTORY RIFOCALIZATION ON HISTORICAL BUSINESS Acquisition from Necsy of mechanical and electronic divisions for Telecomm Sell-off of part of R&D and sales activities of Telit Sell-off of Magneti Marelli Sistemi Elettronici Sell-off of ICS Personal Computer Sell-off of Promek Spain GLOBALISATION, TRANSIT TO OEM FEATURES AND ENTRANCE INTO DIFFERENT EMS MARKETS Acquisition of Magneti Marelli Sistemi Elettronici from Fiat Acquisition of know-how and technologies from Telit Set up of new company in China Acquisition of a plant in Romania Acquisition of Access Media Spa Acquisition of Santa Maria Capua Vetere plant from Italtel Acquisition of a plant for production of industrial products from ABB Acquisition of Ronchi dei Legionari plant Acquisition of TEI S.p.A from Ericsson Acquisition of Promek Spain from Magneti Marelli Acquisition of Seima Elettronica from Magneti Marelli Acquisition of Compuprint from Bull Acquisition of OPC plant from Olivetti Lexicon Acquisition of Costelmar from Siemens Acquisition of PBA S.p.A. from Ericsson Acquisition of UPM plant from Olivetti Lexikon GROWTH IN OEM SERVICES, GLOBALIZATION, PENETRATION IN DIFFERENT EMS MARKETS GROWTH IN EMS MARKETS, DIVERSIFICATION IN THE MECHANICAL AUTOMOTIVE SECTOR GROWTH IN IT MARKET AND TELECOM EMS, VERTICAL INTEGRATION OF MECHANICS IN ICT SECTOR, DIVERSIFICATION IN ENERGY DISTRIBUTION SECTOR FIRST-EVER OUTSOURCING IN ITALY FROM A TELECOM COMPANY STRATEGY Acquisition of lAquila plant from Flextronics TRANSIT TO OEM AND SYSTEM INTEGRATOR ACTIVITIES H H

4 424 October 2003 R&D centers Plants Headquarter Sales & Technical Centers Pagani Sulmona Caluso Genova Padova S. M. Capua V. Ronchi dei L. Milano S. Marco Evan. Ariccia Padriciano Shenzhen Singapore Hong Kong Dubai Saudi Arabia Egypt Washington Montreal Romania Timisoara Germany Austria Spain France Italy Belgium The Netherlands UK SITES LAquila

5 524 October 2003 DESIGN, DEVELOPMENT INTEGRATION AND TESTING AS SYSTEM INTEGRATOR PARTNER OF THE MAJOR INTERNATIONAL PLAYERS DESIGN, DEVELOPMENT INTEGRATION AND TESTING AS SYSTEM INTEGRATOR PARTNER OF THE MAJOR INTERNATIONAL PLAYERS TO BECAME INTERNATIONAL LEADER IN WITH ADVANCED, TIMELY AND PERSONALIZED SOLUTIONS TO BECAME INTERNATIONAL LEADER IN WITH ADVANCED, TIMELY AND PERSONALIZED SOLUTIONS SERVICE & TELECOM MULTIMEDIA & ACCESS INDUSTRIAL, ENERGY, UTILITIES HIGH TECHNOLOGY ELECTRONIC SYSTEMS AND EQUIPEMENT THE COMPANY MISSION TARGET PERIPHERALS TECHNICAL SERVICES SATELLITE & INFOMOBILITY

6 624 October 2003 T ECHNOLOGY D ESIGN & M ANUFACTURING S ERVICES FOCUS ON DESIGN ENGINEERING TECHNOLOGIES INTEGRATION THE EVOLUTION the offer with specific focus on product with design and innovation capabilities through: strong growth of technology competences and system integration capabilities partnership with component makers for development and application of state-of-the-art technologies effective partnership with most important Universities and Research centers for Know-how and resource exchange Set up of a scientific development team for monitoring the technological frontier ORIGINAL DESIGN MANUFACTURING CONSIGNMENT & TURN-KEY ACTIVITIES ELECTRONIC MANUFACTURING SERVICES 2003 TO EXTEND