Pirelli adheres to the Self-Regulation Code approved by the Committee for Corporate Governance established by business associations (ABI, ANIA, Assonime, Confindustria), by professional investors (Assogestioni), and by the Italian Stock Exchange, since its first issue (October 1999).

Pirelli & C., as a FTSE-MIB company, applies the recommendations of the Self-Regulation Code specifically provided for such companies.

The Annual Report on Corporate Governance and Ownership Structure (the "Report") has been prepared according to the format of the Italian Stock Exchange.

At the date of this Report, there are no provisions of Italian law applicable to Pirelli & C. likely to influence the corporate governance structure of the Company.