INDEX. A brief history of the Company and its founder. Organizational structure of the company Administrative area Technical area Operational area

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2 INDEX A brief history of the Company and its founder Organizational structure of the company Administrative area Technical area Operational area The most significant works of the Company Other works Environmental Management System ISO 14001:2004 Company Quality Management System UNI EN ISO 9001:2008 Occupational Health and Safety Assessment Series BS OHSAS 18001:2007 SOA - Certificate to the execution of public works Qualification System of the Rete Ferroviaria Italiana S.p.A. (Italian Railways) Certificate of the system of qualification of the companies for the execution of civil works in the railway tunnels in operation Certificate of the system of qualification of the companies for the execution of civil works at the railway site on lines in operation About us

3 The founder, Franco Ceprini, is born in Città della Pieve (Perugia) on January 16, In the year he obtained the surveyor degree at Technical Institute Lorenzo Maitani of Orvieto, in the July session. Immediately he found work in a company of Orvieto, specialised in roads, highway and railway sector where he will remain until 1976, first as technical employee and then as head of construction site and finally as technical manager. In that period he gains experience in the realization of different kind of works, among them railway construction (renovation and redevelopment of tracks, tracks construction, for example the realization of the first section of doubling on Bari - Brindisi line and the tracks construction of Florence - Rome high speed Railway between Rome and Orvieto) and consolidation works inside tunnels between Orvieto and Chiusi. THE COMPANY AND ITS FOUNDER In 1973 he enrols the company at the Chamber of Commerce in Terni as individual company Ceprini Surveyor Franco. In 1974 he obtains a membership on the National Register of Builders as individual company specialised in roads and railway construction, river works and building construction. From 1977 he leads the company in a huge growth of volumes, manpower and vehicles. From 1992 to 1995 during the business sector crisis, with a significant turnover's downturn, he maintains his company intact. And from 1995 the company has a huge expansion on the national territory, most of all in the mid-northern regions, specialised in underpasses run by oil hydraulic system, maintenance and tunnels construction, consolidations and road body and buildings maintenance. In 1999 he is among the first company in this sector, at national level, to obtain Quality System Certification UNI EN ISO 9002 and SOA Certification that has replaced the National Register of Builders. In 2001 he transforms the individual company CEPRINI FRANCO into CEPRINI COSTRUZIONI S.r.l. in charge of Sole Director and Technical Director. In 2010 a further transformation creates a Boards of Directors with Franco Ceprini as President and Technical Director and Patrizia Ceprini as Managing Director. To cooperate with the Technical Direction has been appointed Ing. Vincenzo Spagnoli as second Technical Director, a highly considered professional from Orvieto, also in railway sector, for having realised many and huge works executed from Ceprini Costruzioni Srl in behalf of R.F.I (Italian Railways) S.p.A. Thanks to the huge experience, organisation efficiency, forefront vehicles and a manpower of over 160 employees (average of last five years), the company differs in the ability to reduce the execution times of the works, working in different shift in 24 hours, depending from necessity and the site works execution.

4 THE COMPANY AND ITS FOUNDER Currently, among the numerous work orders acquired on behalf of the Rete Ferroviaria Italiana (Italian Railways), Ceprini Costruzioni is executing important works, among which we mention: Construction of the new goods depot in the Marzaglia area (Modena) - Contractual amount ,58 - Rider to the contract in approval phase: ,78 - Global amount: ,36 Safety implementation of the Grande Galleria dell Appennino (Great Gallery of the Apennine) on the railway line Bologna - Prato (Length: 19 km). - Temporary Association of Companies Alstom Ferroviaria S.p.A. - Sirti S.p.A. Ceprini Costruzioni S.r.l. - Contractual amount ,56 - Rider to the contract in approval phase: ,00 - Global amount ,00 - Share of the works of Ceprini Costruzioni ,00 Construction of the Functionalities of the Segment of Interconnection between the historic Milan line and the corresponding AV/AC segment - Temporary Association of Companies Alstom Ferroviaria S.p.A. - Sirti S.p.A. C.L.F. S.p.A. - Ceprini Costruzioni S.r.l. - ICEFS S.r.l. - Global amount ,00 - Share of the works of Ceprini Costruzioni: ,00 Execution of the reconstruction works with an adjustment of the dimensions of the Coreca Tunnel even-numbered/odd-numbered passageway between the Amantea and Campora S. Giovanni stations of the Battipaglia - Reggio Calabria line. - A.T.I. Participation: Fadep S.r.l. - Ceprini Costruzioni S.r.l. - Contractual amount ,20 - Increase of AIM ,60 - Total amount ,68 - Share of the works of Ceprini Costruzioni: ,00 Works for the lowering of the plane of the platform in the Ospedaletto and Monte Ercole tunnels and annexed interventions to the railway constructions, the electrical systems, and the road body between the progressives Km and Km , even-numbered and odd-numbered tracks, of the Udine - Tarvisio Boscoverde line - Contractual amount ,36 - Increase of the amount with Contract Rider: ,10 - Global amount: ,46 - Share of the works of Ceprini Costruzioni: ,28 Executive engineering, execution of maintenance in the helicoidal tunnel of Varzo on Domodossola - Iselle linee and reactivation of the north entrance. - Contractual amount ,60 - Increase of AIM ,72 - Total amount ,00 - Share of the works of Ceprini Costruzioni: ,00

5 The structure is divided in 3 main competence areas and exactly: Administrative area Technical area Operational area These are divided in specific sector of activities. Every areas has a own person in charge that organizes the different sector activities and it is supported by external professionals that work permanently with the company. Every activities in each areas can be summerized: STRUCTURE OF THE COMPANY ADMINISTRATIVE AREA Secretariat Fiscal accounting Staff management Bids and tenders administration General and control administration The administrative area makes use of external professionals for work and tax advice supported by studios with national and international importance. TECHNICAL AREA Planning Works accounting Bids and tenders office Insurance Quality System, Security and Environmental The technical area is supported by professional studies with national and international importance for planning advice, works' static acceptance tests and for the management system of quality, safety and environmental. OPERATIONAL AREA Provisioning Production Safety The operational area is the hearth of the company. It has highly qualified and experienced employees, considering the workers and site's technicians, and efficient and forefront vehicles and equipment. This permit to the company to face with excellent results difficult situations. Particular attention is directed to safety and prevention, issues in which the company has always demonstrated great sensibility and commitment. With a constant work of improvement, constant training information, workers and site's technicians control, the company has a system of safety management that allows to reduce dangerous and risks situations for the activities. The persons in charge for Protection and Prevention Service are highly qualified-external individual according to strict current regulations in safety sector.

6 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the work construction of replacement works for the suppression of the level crossing located at Km of the railway line Bologna - Ancona, in the township of Bologna. Contractual amount ,00 Assignment date of the works 15/09/2003 Completion date 20/10/2006

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8 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works construction of the new dangerous goods depot of Ravenna station and adjustment - extension of the goods dorsal side on the left bank of Candiano canal. ATI Participation G.C.F. S.p.A. (cgm) Ceprini Costruzioni S.r.L. (man) Contractual amount ,47 Increase of the amount at the 2nd AIM ,31 Total amount of the works ,78 Amount of works carried out by Ceprini Costruzioni S.r.L ,10 Assignment date of works 18/11/2004 Completion date 30/11/2008

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10 MOST SIGNIFICANT WORKS Contractor Consorzio Di Bonifica Sud Scope of the work "Diga Di Ponte Chiauci" (Chiauci Bridge Dam) works - Completion and arrangements works o the reservoir slopes, lot n. 2, water - repellent screen integration. Contractual amount ,60 Increase of AIM ,22 Total amount of the works ,82 Assignment date of the works 08/11/2003 Completion date 07/07/2007

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12 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALANA S.p.A Scope of the works engineering and construction of civil infrastructures of the goods depot at Marzaglia (MO) ATI participation Ceprini Costruzioni (cgm) SE.GI S.r.L (man) Contractual amount ,58 Increase of AIM ,78 Total amount ,36 Amount of the works carried out by Ceprini Costruzioni S.r.L. to date ,30 Assignment date of the works 03/10/2005 Completion date On execution

13 MOST SIGNIFICANT WORKS Engineering and construction of civil infrastructures of the goods depot at Marzaglia (MO)

14 MOST SIGNIFICANT WORKS Engineering and construction of civil infrastructures of the goods depot at Marzaglia (MO)

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16 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A Scope of the works Engineering, construction and modification under railway operations, of the railway systems for the fulfilment of the functionalities of the segment of the interconnections between the historic line Bologna - Milan and the corresponding segment constructed on the AV/AC line. ATI participation Alstom Ferroviaria S.p.a. (CGM) - Alstom Transport System S.p.a (man) - Sirti S.p.a (man) - CLF S.p.a (man) - Ceprini Costruzioni S.r.l (man) - ICEFS S.r.l. (Man) Contractual amount ,00 Amount of the works carried out of Ceprini Costruzioni S.r.l to date ,00 Assignment date of the works 01/12/2003 Completion date On execution

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18 MOST SIGNIFICANT WORKS Engineering, construction and modification under railway operations, of the railway systems for the fulfilment of the functionalities of the segment of the interconnections between the historic line Bologna - Milan and the corresponding segment constructed on the AV/AC line.

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20 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works integrated tender for the executive engineering and construction of road underground passages, pedestrian underground passages, overhead railway crossings, railway decks and adjustment of the road body on the railway lines in the townships of Florence, Barberino V.E., Poggibonsi and Siena. ATI Partecipation Ceprini Costruzioni S.r.l Scala Virgilio e Figli S.p.a. Contractual amount ,24 Increase of the amount at 2nd AIM ,12 Total amount of the works ,36 Amount of the works carried out of Ceprini Costruzioni S.r.l to date ,00 Assignment date of the works 19/02/2007 Completion date 30/06/2011

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23 MOST SIGNIFICANT WORKS Integrated tender for the executive engineering and construction of road underground passages, pedestrian underground passages, overhead railway crossings, railway decks and adjustment of the road body on the railway lines in the townships of Florence, Barberino V.E., Poggibonsi and Siena.

24 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A Scope of the works urgent works on the road body and railway constructions to urgently restore railway operations on the even - odd numbered tracks between Km and , interrupted after the collapse of the retaining wall under the slope, as a consequence of the landslide that occurred on 17/12/2008, and definitive consolidation of railway embankment in the above mentioned segment of the Battipaglia - Reggio Calabria line, between Vibo Pizzo and Mileto stations. ATI Partecipation Ceprini Costruzioni S.r.l. (cgm) Fadep S.r.l (man) - Francesco Ventura Costruzioni S.r.l. (man) Contractual amount ,00 Increase of the amount A.I.M ,00 Total amount of the works ,00 Amount of the works carried out by Ceprini Costruzioni S.r.l to date ,15 Assignment date of the works 18/12/2008 Completion date 30/09/2009

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26 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A (Italian Railways) Scope of the Works renovation works on rails and consolidation of soil under the rail on Lavezzola - Alfonsine section of the Ferrara - Rimini line (2 phases). ATI Participation G.C.F. - Generali Costruzioni Ferroviarie S.p.A (cgm) Ceprini Costruzioni (man) Contractual amount ,00 Works of Ceprini Costruzioni ,00 Start of works first phase 31/08/2009 Completion works first phase 30/09/2009 Start of works second phase 30/08/2010 Completion works second phase 30/09/2010

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28 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A (Italian Railways) Scope of the Works consolidation works of soil under the rail by a cement and resin treatment with the join layer's milling, section Chiusi - Panicale between km and km, even - odd rails, of Roma - Firenze line. Contractual amount ,00 Start of works 01/08/2012 Completion works 20/08/2012

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30 MOST SIGNIFICANT WORKS Contractor FERROVIE DELLO STATO S.p.A. Scope of the works Engineering and construction works of the public service lighting and telecommunications systems, of the emergency anti - fire outbreak systems, as well as the complementary works for the safety implementation of Grande Galleria dell'appennino (Great Tunnel of the Apennine) of the Bologna - Prato railway line. ATI participation Alstom Ferroviaria S.p.a (cgm) - Sirti S.p.A. (man) - Alstom Transport System S.p.A (man) Ceprini Costruzioni S.r.l (man) Contractual amount ,56 Increase of the amount ,00 (in approval phase) Total amount ,00 Amount of the works carried out by Ceprini Costruzioni S.r.l to date ,00 Category of the works OG4 Assignment date of works 29/10/2001 Completion date On execution

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32 MOST SIGNIFICANT WORKS Engineering and construction works of the public service lighting and telecommunications systems, of the emergency anti - fire outbreak systems, as well as the complementary works for the safety implementation of Grande Galleria dell'appennino (Great Tunnel of the Apennine) of the Bologna - Prato railway line.

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34 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A Scope of the works works or the lowering of the plane of platform in Ospedaletto and Monte Ercole tunnels and annexed interventions to the railway constructions, the electrical systems, and the road body between the progressives Km and , even - odd numbered tracks, of Udine - Tarvisio Bosco Verde line. Contractual amount ,36 Increase of AIM ,10 Total amount of the works ,46 Amount of the works carried out by Ceprini Costruzioni S.r.l. to date ,28 Assignment date of the works 04/10/2008 Completion date 19/06/2009

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36 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A Scope of the works Execution of the reconstruction works with adjustment of the dimensions of Coreca Tunnel even - odd numbered passageway, between Amantea and Campora S. Giovanni stations of Battipaglia - Reggio Calabria railway line. ATI Partecipation Fadep S.r.l - Ceprini Costruzioni S.r.l Amount of works ,20 Increase of AIM ,60 Total amount of the works ,68 Amount of the works carried out by Ceprini Costruzioni S.r.l ,00 Assignment date of the works 16/07/2008 Completion date 30/04/2012

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39 MOST SIGNIFICANT WORKS Execution of the reconstruction works with adjustment of the dimensions of Coreca Tunnel even - odd numbered passageway, between Amantea and Campora S. Giovanni stations of Battipaglia - Reggio Calabria railway line.

40 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works Executive engineering, execution of maintenance in the helicoidal tunnel of Varzo on Domodossola - Iselle linee and reactivation of the north entrance. ATI Partecipation Ceprini Costruzioni s.r.l. (cgm) G.C.F. Generale Costruzioni Ferroviarie S.p.A. (man) Contractual amount ,60 Increase of AIM ,72 Total amount ,00 Amount of the works carried out by Ceprini Costruzioni S.r.l to date ,00 Assignment date of the works 19/08/2010 Completion date On execution

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42 MOST SIGNIFICANT WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works Consolidation Boldrini bridge on Domodossola / Iselle railway line (VB) Work's amount ,00 Assignment date of work April 2011 Completion date October 2011

43 MOST SIGNIFICANT WORKS Contractor G.C.F S.p.A on behalf of Rete Ferroviaria Italiana S.p.A. Scope of the works track renovation works with simultaneous redevelopment of the track ballast and other interventions on site, with lowering of the plane of the rock platform, demolition and reconstruction of the roadside ditch and overhead walkaway, and construction of the reinforced concrete bridge segments in the tunnel on the Lierna - Piona segment of the Lecco - Colico line, as well as renovation interventions on the Sondrio - San Giacomo segment of the Sondrio - Tirano line. Contractual amount ,27 Subcontracting share of Ceprini Costruzioni ,34 Assignment date of the works 22/07/2002 Completion date 31/10/2002

44 OTHER WORKS Contractor FERROVIE DELLO STATO S.p.A. Contractor FERROVIE DELLO STATO S.p.A. Contractor FERROVIE DELLO STATO S.p.A. Contractor FERROVIE DELLO STATO S.p.A. Contractor GEFER S.p.A. on behalf of Rete Ferroviaria Italiana S.p.A. Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works Maintenance works, under conditions of railway operations, to the tunnels falling under the district of the Infrastructural Compartment Management of Bologna. Contractual amount ,71 Category of the works OG4 Assignment date of the works 27/09/2000 Completion date 24/02/2001 Scope of the works Maintenance works, under conditions of railway operations, to the tunnels falling under the jurisdiction of the Infrastructural Compartment Management of Bologna. ATI Participation Ceprini Costruzioni S.r.l. (cgm) - SE.GI. S.r.l. (man) Contractual amount ,20 Share of Ceprini Costruzioni ,55 (80%) Category of the works OG4 Assignment date of the works 23/09/2002 Completion date 31/12/2004 Scope of the works Maintenance works, in the two-year period , to the tunnels falling under the jurisdiction of the Infrastructural Compartment Management of Bologna. Contractual amount ,00 Category of the works OG4 Assignment date of the works 16/06/2003 Completion date 27/12/2004 Scope of the works Framework agreement for preserving in efficiency - with relation to the maintenance works, and under conditions of railway operations - the tunnels falling under the jurisdiction of the Infrastructural Compartment Management of Bologna. Contractual amount ,00 Increase of AIM ,00 Total amount ,00 Category of the works OG4 ( ,00) OS29 ( ,00) Assignment date of the works 30/11/2004 Completion date 30/04/2007 Scope of the works Track renovation works, total replacement of the crossbeams with simultaneous redevelopment of the track ballast, refinishing and arrangement of the roadside ditches and drainage piping of the waters in some segments of the Gallarate - Laveno line. Contractual amount ,09 Share of Ceprini Costruzioni ,09 (OG3) Assignment date of the works 01/08/2001 Completion date 31/08/2001 Scope of the works Works and supplies, under conditions of railway operations, for the maintenance of the road body, road structures, aqueducts, the railway constructions and their pertinences, falling under the Jurisdiction of the Infrastructural Compartment Management of Florence - OC LOT 14. Contractual amount ,83 Category of the works OG3 Assignment date of the works 04/11/2002 Completion date 31/12/2005

45 OTHER WORKS Contractor RETE FERROVIARIA ITALIANA S.p.A. Contractor RETE FERROVIARIA ITALIANA S.p.A. Contractor RETE FERROVIARIA ITALIANA S.p.A. Contractor RETE FERROVIARIA ITALIANA S.p.A. Contractor RETE FERROVIARIA ITALIANA S.p.A. Scope of the works Works and supplies for the maintenance of the road body, road structures, aqueducts, and the railway constructions, as well as similar works of confined importance, including snow removal, falling under the jurisdiction CS.02 of the Territorial Unit of the Infrastructural Compartment Management of Bologna. Contractual amount ,00 Category of the works OG3 Assignment date of the works 20/09/2005 Completion date 30/04/2007 Scope of the works Execution of the maintenance operations on the civil works, road body, and buildings of the R.F.I. S.P.A. under the jurisdiction of the infrastructural compartment management of Bologna, in the context of the Emilia Territorial Unit C.S.03 Bologna - Pistoia and Bologna lines. Contractual amount ,12 Increase of the amount A.I.M ,00 Total amount of the works ,00 (includes an increase of 20%) Category of the works OG3 / OG1 Assignment date of the works 05/11/2008 Completion date 10/01/2011 Scope of the works Maintenance works, under conditions of railway operations, to the R.F.I. S.p.A. tunnels under the jurisdiction of the infrastructural compartment management of Bologna, in the context of the Emilia Romagna and Tuscany regions, for the years Contractual amount ,67 Increase of the amount A.I.M ,00 Total amount of the works ,67 Category of the works OG4 Assignment date of the works 02/01/2007 Completion date 31/12/2008 Scope of the works executive planning and execution of maintenance works of civil works of RFI S.p.A under the jurisdiction of Bologna DTP, lot CS 02 U.T. of Emilia. Contractual amount ,00 Category of the works OG3 Assignment date of works 22/07/2010 Completion works on execution Scope of the works trade pact for planning and execution of maintenance works of the RFI S.p.A civil works under the jurisdiction of OC2 Firenze south, of D.T.P. of Firenze Contractual amount ,00 Category of works OG3 Assignment date of works 14/03/2011 Completion date on execution

46 CERTIFICATIONS

47 ENVIRONMENTAL MANAGEMENT SYSTEM ISO 14001:2004

48 QUALITY MANAGEMENT SYSTEM UNI EN ISO 9001:2008

49 OCCUPATIONAL HEALTH AND SAFETY ASSESSMENT SERIES BS OHSAS 18001:2007

50 SOA - CERTIFICATE TO THE EXECUTION OF PUBLIC WORKS

51 SOA - CERTIFICATE TO THE EXECUTION OF PUBLIC WORKS

52 GALLERIES QUALIFICATION CERTIFICATE RAIL SYSTEM

53 QUALIFICATION CERTIFIED CIVIL WORKS RAILWAY SYSTEM

54 ABOUT US

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60 ABOUT US The works schedule for the tracks Lecco - Colico line renovation are proceeding. We have visited the site with the provincial councillor Mastalli and we discovered a lot of curious things. We went into the tunnel in Bellano by jeep: 300 m of works that will be end by Sunday. The tracks have been removed and the appropriately modified excavators remove the permanent way while a milling cutter will lower the rock of about 20 cm. We walk into the Molini Oro (400m) discovering the seepage water though the rock. In Garavina has been located even a pump for emptying the water from the end of the tunnel. Monte Piazzo, twin of those that walk on the main road 36, does t have particular problems compare to the others, but it has faced two interventions in the last decades with consolidation of concrete and introduction of iron bars. A discovered curiosity from Corenno: an old cast iron tube that takes the water like aqueduct, supply the municipal houses. On the short line has been emptied m of tunnels, between Bellano and Piona, and the section in - between for a total of seven km and half. The Contractor is GCF (Generali costruzioni ferroviarie) with subcontractor Ceprini Company from Orvieto. The amount is about 12 million euros. The works supervisor is RFI (Italian Railways), with Engineer Maurizio Campostrini. Our partners were the head of works management, surveyor Ivan Fasoli and his collaborator Ivo Rebai. On the site there are 140 workers that work in two daily shifts of 10 hours with 2 hours break, to guarantee the intern charge of air, that is in every tunnel thanks to a powerful ventilator mounted on a lorry. The only one day of stop would be August 15th. The main site are in Dervio and Colico Scalo where are the rails, sleepers, a mountain of gravel and where the output materials is handle, but the section is divided in 5 blocks. In the tunnels, that at the level of a rail have height of 460 cm and empty are 570 cm, there will be a lowering of about 30 cm and the canalizations, that gather rainwater, will be redo again. On the new permanent way will be placed reinforced concrete sleepers and a heavy placing of ballast and rails, typ Uni 60 (rails). The old wooden sleepers, with 30 kg each of wood tar, would be dispose from a specialized Company, but the cut material goes to the Nuova Olonio and Morbegno s dumps. A huge research has been done before a great work like this, in just one month they said. In the many curves will be mounted a section of railway line. The trip comfort will be increased a lot at the end of the works - they said - the classic noise tuc - tuc will disappear. On this railway line, thanks to the used materials, also the Pendolino (a kind of train) could travel without problems. Around 25th August will start the railways reassembling. There is a machine, in Dervio, that has been projected, constructed and validated just for this kind of work, and it is different from any other railway s section. In September and October the railways will be replaced (pieces of 108 m) in the normal tracks (without tunnels), working during the night for the modernization. On the section Bellano - Lecco there are works in progress like cleaning of drains and pruning of lateral plants. Finally the works started said Mastalli showing the commitment of Italian Railways and the Contractor Company. Unfortunately in the funds of Valtellina law there isn t the elimination of crossing level of Bellano. I spoke to Engineer Ezio Facchin, head of nord - west department of Italian Railways, saying that. Mario Vaxena

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67 Graphic project and publishing Printed in Maggio Revision 1

68 Registered Office Piazza Roma n Monterotondo (RM) Headquarters Via dei Muratori snc Orvieto (TR) Cod. Fisc. e P.IVA Tel Fax info@ceprinicostruzioni.it info@pec.ceprinicostruzioni.it

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