CMA CGM ITALY SRL

Genova, September 2014

Object : New Structure CMA CGM Italy

Dear Customer, We are glad to inform you of some important changes to our organizational model that will be implemented during the month of September 2014. The objective of the new structure is essentially to significantly improve the service rendered to our clientele as well as the product offered on the market through a revision of organizational processes and a clear definition of competences and responsibilities of the various roles. In a nutshell :

Paolo Fancelli :

will operate from Genova as my Deputy and will be in charge of a number of specific projects as well as assisting the implementation of the new structure

Carlo Binello :

Is appointed Commercial Director, as such he will be responsible for Sales and Lines activity in Italy as well as of the various Sales branch offices

Stefano Giannantonio :

Is appointed Customer Service Director, he will be responsible for the departments in charge of CS Export/Booking, CS Import, Export Documentation , E-Business e Demurrage & Detentions

Fabrizio Botrini :

Fabrizio will continue to be the Director for Italy of the Delmas brand. At the same time Fabrizio will also head the the group’s Livorno branch. 16128 Genova – Via Pellico, 1 (Sede Legale) – Phone 010.59671 – Fax 010.5967271 [email protected] 57122 Livorno – Via Varese, 12 – Phone 0586.263311 – Fax 0586.263399 [email protected] 20144 Milano – Via dei Sormani, 3 – Phone 02.3206531 – Fax 02.32065301 [email protected] 34132 Trieste – Via Valdirivo, 6 – Phone 040.766276 – Fax 040.3480578 [email protected] 30175 Venezia-Marghera – Via Volta, 2 – Phone 041.3697111 – Fax 041.36971205 [email protected] 80133 Napoli – Via Depretis, 51 – Phone 081.006901 – Fax 081.0069096 [email protected] Società con unico socio - Cap.Soc. € 52.000,00 – Iscr.Reg.Impr. – C.F. – P.IVA 03600700102 – R.E.A. 359978 GE Soggetta ad attività di direzione e coordinamento di CMA CGM S.A. Marsiglia

CMA CGM ITALY SRL Giorgio Peschiera

and

Ivano Bruzzone

will continue in their current functions of respectively Director Finance and Administration and Director Operations. The aforementioned managers report to the undersigned. As far as the operational departments are concerned I recapitulate here below the main changes :

Nicoletta Rey

will take on the responsibility of the Customer Service /Booking Export department

Elena Curatolo and Corrado Esposito

will retain their current roles and manage respectively the Customer Service Import and Documentation Export departments. Nicoletta, Elena and Corrado report to Stefano Giannantonio. A

Trade Management Desk

is created in Genova with the task to steer the various lines activity in either directions, import and export, ensure adequate coordination with the sales offices on the field and act as the counterpart of Head Office Marseille based Line managements in the Italian territory. Within the team the following colleagues will operate :

Luca Rozza Bestetti

: Trade Manager North Africa, North America and Australia

Cinzia Forni

: Trade Manager Centre and South America , Intra Europe/Intra Med

Pierpaolo Cappellari

: Trade Manager Far East, Middle East e India Pakistan Furthermore

Mina Recchia

takes on the responsibility of the Genova based sales office (replacing Cinzia Forni)

Michela Niero

e

Pierpaolo Scapini

will head respectively the Venezia and Trieste based sales offices.

Maurizio Cimmino

and

Ferruccio Poggi

retain their responsibility of the Napoli and Milano offices respectively

Renato Traverso

will continue to head the Italian Reefer team The above mentioned managers report to Carlo Binello 16128 Genova – Via Pellico, 1 (Sede Legale) – Phone 010.59671 – Fax 010.5967271 [email protected] 57122 Livorno – Via Varese, 12 – Phone 0586.263311 – Fax 0586.263399 [email protected] 20144 Milano – Via dei Sormani, 3 – Phone 02.3206531 – Fax 02.32065301 [email protected] 34132 Trieste – Via Valdirivo, 6 – Phone 040.766276 – Fax 040.3480578 [email protected] 30175 Venezia-Marghera – Via Volta, 2 – Phone 041.3697111 – Fax 041.36971205 [email protected] 80133 Napoli – Via Depretis, 51 – Phone 081.006901 – Fax 081.0069096 [email protected] Società con unico socio - Cap.Soc. € 52.000,00 – Iscr.Reg.Impr. – C.F. – P.IVA 03600700102 – R.E.A. 359978 GE Soggetta ad attività di direzione e coordinamento di CMA CGM S.A. Marsiglia

CMA CGM ITALY SRL Dario Calvanico

is nominated CMA CGM Sales Manager for the Livorno office. Dario reports to Fabrizio Botrini.

Michela Lamanna

takes on the role of Account Receivables Manager reporting to Giorgio Peschiera. I am convinced that the new structure will be able to improve the quality and efficiency in all business processes hence adding value in the product we offer to our clientele while retaining the dynamic approach which is typical of CMA CGM Group. I count on your support and thank you in advance for your cooperation during the implementation phase. Very best regards Paolo LO BIANCO

Managing Director

16128 Genova – Via Pellico, 1 (Sede Legale) – Phone 010.59671 – Fax 010.5967271 [email protected] 57122 Livorno – Via Varese, 12 – Phone 0586.263311 – Fax 0586.263399 [email protected] 20144 Milano – Via dei Sormani, 3 – Phone 02.3206531 – Fax 02.32065301 [email protected] 34132 Trieste – Via Valdirivo, 6 – Phone 040.766276 – Fax 040.3480578 [email protected] 30175 Venezia-Marghera – Via Volta, 2 – Phone 041.3697111 – Fax 041.36971205 [email protected] 80133 Napoli – Via Depretis, 51 – Phone 081.006901 – Fax 081.0069096 [email protected] Società con unico socio - Cap.Soc. € 52.000,00 – Iscr.Reg.Impr. – C.F. – P.IVA 03600700102 – R.E.A. 359978 GE Soggetta ad attività di direzione e coordinamento di CMA CGM S.A. Marsiglia