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other sources of information, the principal shareholders of <strong>Telecom</strong> <strong>Italia</strong> S.p.A.’s ordinary share capital<br />

are as follows:<br />

Holder Type of ownership Percentage of ownership<br />

Telco S.p.A. Direct 22.39%<br />

Findim Group S.A. Direct 4.99%<br />

Furthermore, the following companies, as investment advisory firms, notified Consob that they are in<br />

possession of <strong>Telecom</strong> <strong>Italia</strong> S.p.A. ordinary shares:<br />

• Blackrock Inc.: on May 20, 2010, for a quantity of ordinary shares which at December 31, <strong>2011</strong> is<br />

equal <strong>to</strong> 2.89% of <strong>to</strong>tal <strong>Telecom</strong> <strong>Italia</strong> S.p.A. ordinary shares;<br />

• Alliance Bernstein LP: on November 14, 2008, for a quantity of ordinary shares which at<br />

December 31, <strong>2011</strong> is equal <strong>to</strong> 2.06% of <strong>to</strong>tal <strong>Telecom</strong> <strong>Italia</strong> S.p.A. ordinary shares.<br />

Common Representatives<br />

• The special meeting of the savings shareholders held on May 28, 2010 elected Emanuele Rimini as<br />

the common representative for three financial years (up <strong>to</strong> the approval of the financial statements<br />

for the year ended December 31, 2012).<br />

• By decree of March 26, 2009, the Milan Court appointed Francesco Pensa<strong>to</strong> as the common<br />

representative of the bondholders for the “<strong>Telecom</strong> <strong>Italia</strong> S.p.A. Euro 1,250,000,000 5.375 per cent.<br />

Notes due 2019” (with a mandate for the three-year period 2009-<strong>2011</strong>).<br />

• By decree of March 7, <strong>2011</strong>, the Milan Court appointed Enrico Cotta Ramusino as the common<br />

representative of the bondholders for the <strong>Telecom</strong> <strong>Italia</strong> S.p.A. 2002-2022 bonds at variable rates,<br />

open special series, reserved for subscription by employees of the <strong>Telecom</strong> <strong>Italia</strong> Group, in service or<br />

retired (with a mandate for the three-year period <strong>2011</strong>-2013).<br />

<strong>Annual</strong> <strong>Report</strong> on the Corporate Governance and Share Ownership<br />

Structure<br />

The annual <strong>Report</strong> on the Corporate Governance and Share Ownership Structure is posted on the<br />

<strong>Company</strong>’s website at the following address: www.telecomitalia.com; section Corporate, channel<br />

Governance.<br />

Shareholders’ meeting<br />

The shareholders’ meeting is convened after the limit of 120 days, as permitted by art. 2364, paragraph<br />

2 of the <strong>Italia</strong>n Civil Code, in relation <strong>to</strong> the needs of consolidation.<br />

<strong>Report</strong> on Operations Information for Inves<strong>to</strong>rs 101

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