Zignago Vetro S.p.A. PRESS RELEASE. The Board of Directors of Zignago Vetro S.p.A. approves the Interim Report at September 30, 2013

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1 Zignago Vetro S.p.A. PRESS RELEASE The Board of Directors of Zignago Vetro S.p.A. approves the Interim Report at September 30, 2013 revenues in 9M 2013 total Euro million, decreasing 3.8%; export revenues amount to Euro 81.5 million, 37.8% of total revenues. Ebitda of Euro 48.6 million (22.5% of revenues) impacted by production stoppage to facilitate scheduled refurbishment of a kiln. Group 9M 2013 Results 9M M 2012 Cge.% (in Euro millions) (in Euro millions) Revenues % EBITDA % EBIT % Operating profit % Profit before taxes % Net profit % Capital expenditure Free cash flow (after investments) (before investments) (in Euro millions) (in Euro millions) Financial debt (145.3) (123.0) Liquidity Net financial debt (103.7) (87.4) 1

2 Group Q Results Change (Euro mln) (Euro mln) % Revenues % EBITDA % EBIT % Operating profit % Net profit % Fossalta di Portogruaro, November 5, 2013 The Board of Directors of Zignago Vetro S.p.A a company listed on the STAR segment of the Italian Stock Exchange - in a meeting held today chaired by Franco Grisan, approved the Interim Report at September 30, The report will be published in accordance with the terms required by law. The companies produce high quality glass containers for the Food and Beverage, Cosmetics and Perfumery industries and Speciality Glass bottles for wines and spirits, for the domestic and international markets. 9M 2013 Highlights In the first nine months of 2013, the glass container market performance was mixed, particularly in the Beverages & Food segment, with positive signals coming however from a number of segments and the export markets. Demand in the Perfumery and Cosmetic markets remains stable and more robust, in part due to emerging fashion trends. Consolidated revenues in the first nine months of 2013 amounted to Euro million, compared to Euro million in the same period of the previous year (- 3.8%). Export sales in the first nine months amounted to Euro 81.5 million, 37.8% of revenues (Euro 83.6 million in the first nine months of 2012: 37.2% of revenues). Consolidated Ebitda in the first nine months of 2013 amounted to Euro 48.6 million, a reduction of 7.4% compared to the first nine months of 2012 (Euro 52.5 million). The Ebitda margin was 22.5% (23.4% in 2012). The consolidated Ebit in the first nine months totalled Euro 28.3 million (-15.6% compared to Euro 33.5 million in 2012), with a margin of 13.1% (14.9% in 9M 2012). The consolidated operating profit was Euro 28.7 million, decreasing 15.6% on the previous year (Euro 34 million) a margin of 13.3% (15.2% in 2012). The Consolidated profit before taxes amounted to Euro 26.8 million in the first nine months of 2013 compared to Euro 32.6 million in the same period of 2012 (- 17.7%), with a margin of 12.4% (14.5% in 9M 2012). 2

3 The Consolidated net profit in the first nine months of 2013 amounted to Euro 17.3 million, a contraction of 18.8% compared to Euro 21.3 million in the first nine months of 2012 a margin of 8% (9.5% in 9M 2012). Balance sheet at September 30, 2013 Group capital expenditure in the first nine months totalled Euro 28 million (Euro 25.3 million in 2012). Fixed asset supplier payments amounted to Euro 27.9 million in 9M 2013 (Euro 25.2 million in 2012). The Group generated Free cash flow in the first nine months of the year, after investments, of Euro 9.4 million (Euro 14.8 million in 9M 2012) - before investments amounting to Euro 37.4 million (Euro 40.1 million in 9M 2012). The net financial debt of the Group at September 30, 2013 of Euro million, compared to Euro 91.4 million at December 31, 2012 and Euro 87.4 million at September 30, 2012, decreased Euro 6.4 million in Q (Euro million at June 30, 2013). Dividends of Euro 21.6 million were distributed in 2013 compared to Euro 24.4 million in Group liquidity at the end of September 2013 amounted to Euro 41.6 million compared to Euro 44.7 million at the end of 2012 and Euro 35.6 million at September 30, Q Highlights Consolidated net revenues in the third quarter of 2013 amounted to Euro 72.8 million compared to Euro 72.1 million in the same period of the previous year (+1%). Export sales reached Euro 26.7 million (Euro 27.5 million in 2012: - 2.7%). Consolidated Ebitda in the third quarter of 2013 totalled Euro 15.3 million, an increase of 0.7% compared to the same period in the previous year (Euro 15.2 million). The Ebitda margin was 21.0% (21.1% in the third quarter of 2012). The consolidated Ebit amounted to Euro 8.6 million (-4.5% compared to Euro 9 million in the third quarter of 2012) with a margin of 11.8% (12.4% in Q3 2012). The consolidated operating profit in the third quarter of 2013 was Euro 8.5 million, a decrease of 4.8% (Euro 8.9 million in the third quarter of 2012). The consolidated net profit in the third quarter of 2013 amounted to Euro 5.2 million (Euro 5.3 million in Q3 2012). *********************** 3

4 Outlook Despite the current market volatility, the Group expects in the final quarter of the year to confirm the results of the third quarter. *********************** Declaration The Executive Responsible for the preparation of the corporate and accounting documents, Mr. Roberto Celot, declares in accordance with Article 154 bis, paragraph 2, of the Consolidated Finance Act, that the accounting information contained in the present Consolidated Interim Report at September 30, 2013 corresponds to the underlying accounting documents, records and accounting entries. *********************** The Interim Report at September 30, 2013 will be made available to the public as soon as available and in accordance with law at the registered office of the company and on the company website For further information: Roberto Celot Chief Financial Officer & Investor relations manager Zignago Vetro S.p.A

5 All the figures in the Consolidated Income Statement and Balance Sheet (Attachments No. 1, 2 & 3) reported below were prepared in accordance with IAS/IFRS international accounting standards, maintaining the management classification criteria normally utilised by management and by investors to evaluate the Group s results. Reclassified Consolidated Income Statement 9M 2013 and 2012 Revenues ATTACHMENT 1 Change Euro thou. % Euro thou. % % 215, % 224, % (3.8%) Changes in finished and semi-finished prod. and work in progress 8, % 6, % 38.2% Internal production of fixed assets % % n.s. Value of production 225, % 230, % (2.5%) Cost of goods and services (125,464) (58.1%) (127,488) (56.8%) (1.6%) Value added 99, % 103, % (3.6%) Labour costs (51,118) (23.7%) (50,930) (22.7%) 0.4% EBITDA 9M M , % 52, % (7.4%) Amortisation & depreciation (19,806) (9.2%) (18,692) (8.3%) 6.0% Provisions (581) (0.3%) (350) (0.2%) 66.0% EBIT 28, % 33, % (15.6%) Net recurring non-operating income % % (20.6%) O perating profit 28, % 34, % (15.6%) Net financial charges (1,785) (0.8%) (1,629) (0.7%) 9.6% Net exchange differences (144) n.s. Profit before taxes 26, % 32, % (17.7%) Corporate income tax & regional tax (9,472) (4.4%) (11,241) (5.0%) (15.7%) (Tax-rate 9M 2013: 35.4%) (Tax-rate 9M 2012: 34.5%) Net profit 17, % 21, % (18.8%) 5

6 ATTACHMENT 2 Reclassified Consolidated Income Statement Q and 2012 Q Q Change Euro thou. % Euro thou. % % Revenues 72, % 72, % 1.0% Changes in finished and semi-finished prod. and work in progress (1,741) (2.4%) 1, % n.s. Internal production of fixed assets % n.s. Value of production 71, % 73, % (2.9%) Cost of goods and services (40,079) (55.1%) (41,907) (58.1%) (4.4%) Value added 31, % 31, % (1.0%) Labour costs (16,056) (22.1%) (16,478) (22.9%) (2.6%) EBITDA 15, % 15, % 0.7% Amortisation & depreciation (6,681) (9.2%) (6,186) (8.6%) 8.0% Provisions (76) (0.1%) (57) (0.1%) 33.3% EBIT 8, % 8, % (4.5%) Net recurring non-operating income (73) --- (50) % Operating profit 8, % 8, % (4.8%) Net financial charges (672) (0.9%) (615) (0.9%) 9.3% Net exchange differences % (128) (0.2%) n.s. Profit before taxes 7, % 8, % (2.3%) Corporate income tax & regional tax (2,758) (3.8%) (2,845) (3.9%) (3.1%) (Tax-rate Q3 2013: 34.5%) (Tax-rate Q3 2012: 34.8%) Net profit before minority interest 5, % 5, % (2.0%) Minority interest profit n.s. Net profit 5, % 5, % (2.1%) 6

7 ATTACHMENT 3 Reclassified Consolidated Balance Sheet Euro thous. Euro thous. Euro thous. Euro thous. Trade receivables 58,661 63,087 63,337 59,839 Other receivables 5,082 6,167 9,047 3,611 Inventories 70,773 72,291 61,921 60,144 Current non-financial payables (59,170) (62,985) (62,029) (63,748) Payables on fixed assets (7,640) (7,083) (7,536) (6,415) A) Working capital 67,706 71,477 64,740 53,431 Net tangible and intangible assets 126, , , ,155 Goodwill 40,695 40,676 40,722 40,716 Non-consolidated investments and other medium/long-term assets 3,104 2,884 3,180 2,944 Non-current provisions and non-financial payables (13,725) (13,577) (13,594) (13,647) B) Net fixed capital 156, , , ,168 A+B= Net capital employed 224, , , ,599 Financed by: Short-term debt 111, , ,095 98,037 Cash and cash equivalents (41,574) (43,145) (44,689) (35,624) Short-term net debt 69,678 79,009 62,406 62,413 Medium/long term debt 34,021 31,114 28,995 25,004 C) Net financial debt 103, ,123 91,401 87,417 Opening Shareholders' equity 125, , , ,316 Dividends (21,645) (21,645) (24,399) (24,399) Change in translation reserve (418) (715) 1, Net profit 17,316 12,089 30,532 21,316 D) Closing Shareholders equity 120, , , ,182 C+D= Total financial debt and 224, , , ,599 Shareholders equity 7

8 ATTACHMENT 4 Consolidated Income Statement (Euro thousands) Q Q M M Revenues 72,786 72, , , ,751 Raw material, ancillary, consumables and goods (16,053) (14,519) (41,148) (44,385) (59,257) Services (24,851) (25,508) (73,159) (75,187) (99,274) Labour costs (16,056) (16,478) (51,118) (50,930) (68,055) Amortisation and depreciation (6,681) (6,186) (19,806) (18,692) (24,968) Other operating expenses (885) (512) (2,698) (1,894) (3,240) Other operating income ,649 Operating profit 8,490 8,920 28,717 34,041 45,606 Financial income Financial charges (860) (830) (2,455) (2,321) (3,269) Net exchange gains/(losses) 165 (128) (144) Profit before taxes 7,985 8,177 26,788 32,557 43,478 Income taxes (2,758) (2,845) (9,472) (11,241) (12,946) Net profit before minority interests 5,227 5,332 17,316 21,316 30,532 Minority interest profit Group net profit 5,227 5,338 17,316 21,316 30,532 Earnings per share: Basic (and diluted) earnings per share Comprehensive Consolidated income statement (Euro thousands) Q Q M M Group net profit 5,227 5,338 17,316 21,316 30,532 Otther comprehensive income statement items subsequently to be reclassified to net proft (loss) for the period Translation difference (459) Other profit (losses) net of the tax effect (459) Total comprehensive profit 5,524 5,828 16,857 22,265 31,508 Attributable to: - Group 5,524 5,828 16,857 22,265 31,508 - Minority interests

9 Consolidated Balance Sheet ATTACHMENT 5 (Euro thou.) ASSETS Non-current assets Property, plant & equipment 126, , , ,876 Goodwill 40,695 40,676 40,722 40,716 Intangible assets Equity investments Other non-current assets Deferred tax assets 2,483 2,420 2,651 2,400 Total non-current assets 170, , , ,815 Current assets Inventories 70,773 72,291 61,921 60,144 Trade receivables 58,661 63,087 63,337 59,839 Other current assets 2,695 3,904 4,637 2,778 Tax receivables 2,387 2,263 4, Cash and cash equivalents 41,574 43,145 44,689 35,624 Total current assets 176, , , ,218 TOTAL ASSETS 346, , , ,033 SHAREHOLDERS' EQUITY & LIABILITIES SHAREHOLDERS' EQUITY Share capital 8,800 8,800 8,800 8,800 Reserves 35,521 35,521 35,361 35,361 Acquisition of treasury shares (5,027) (5,027) (5,027) (5,027) Retained earnings 82,374 77,147 86,821 77,495 Other equity items (936) (1,233) (477) (447) Net profit for the period TOTAl SHAREHOLDERS' EQUITY 120, , , ,182 MINORITY INTEREST EQUITY TOTAL CONSOLIDATED SHAREHOLDERS' EQUITY 120, , , ,182 LIABILITIES Non-current liabilities Provisions for risks and charges 2,888 2,788 2,584 2,718 Post-employment benefit provision 6,931 6,879 7,063 6,618 Medium/long term loans 34,021 31,114 28,995 27,004 Other non-current liabilities Deferred tax liabilities 3,900 3,903 3,940 4,021 Total non-current liabilities 47,746 44,691 42,589 40,361 Current liabilities Bank payables and current portion of medium/long term loans 111, , ,095 96,327 Trade and other payables 46,984 51,473 51,405 48,996 Other current liabilities 16,065 17,915 17,239 15,984 Current income taxes 3, ,183 Total current liabilities 178, , , ,490 TOTAL LIABILITIES 225, , , ,851 TOTAL SHAREHOLDERS' EQ. & LIAB. 346, , , ,033 9

10 ATTACHMENT 6 Consolidated Cash Flow Statement (Euro thousands) 9M 2013 H M 2012 CASH FLOW FROM OPERATING ACTIVITIES: Net profit 26,788 18,803 43,478 32,557 Adjustments to reconcile net profit with cash flow generated from operating activities: Minority interest profit Amortisation and depreciation 19,806 13,125 24,968 18,692 Losses/(gains) on disposals of property, plant and equipment 34 (107) (37) (128) Doubtful debt provision Net changes in post-employment benefits (132) (184) 296 (149) Net change in other provisions Financial income and net exchange effect Financial charges and net exchange effect (670) (480) (1,141) (692) 2,599 1,904 3,269 2,176 Income taxes paid in period (4,482) (4,614) (18,381) (8,171) Changes in operating assets and liabilities: Decrease (increase) in trade receivables 4, (260) 3,339 Decrease (increase) in other current assets 1, (783) (836) Decrease (increase) in inventories (8,852) (10,370) (8,498) (6,721) Increase (decrease) in trade payables (4,525) 485 (1,351) (2,638) Other current liabilities (1,174) Other non-current assets and liabilities (64) Total adjustments and changes 9,463 1,732 (1,431) 5,711 Net cash flow generated from operating activities (A) 36,251 20,535 42,047 38,268 CASH FLOW FROM INVESTING ACTIVITIES: Investments in intangible assets (293) (86) (186) (122) Investments in tangible assets (28,000) (17,767) (34,657) (24,651) Increase (decrease) in fixed asset payables 104 (417) 1, Investments (divestments) of financial assets (3) Acquisition of investment, net of cash acquired (2,733) (2,733) Sales price of property, plant and equipment 3,345 2,338 4,661 3,339 Net cash flow from investing activities (24,847) (15,932) (31,663) (24,038) CASH FLOW FROM FINANCING ACTIVITIES: Interest paid in period (2,786) (1,559) (2,437) (2,145) Interest earned in period Net change in short-term bank borrowings 4,344 14,714 7,909 (151) New medium/long term loans 9,737 8,283 18,448 7,500 Repayment of medium/long term loans (4,711) (6,164) (13,080) (6,784) Dividends (21,645) (21,645) (24,399) (24,399) Net cash flow from financing activities Change in balance sheet items due to exchange rate conversion Net change in cash and cash equivalents (C) (14,391) (5,891) (12,576) (25,287) (D) (128) (256) (A+B+C+D) (3,115) (1,544) (1,770) (10,835) Cash available at beginning of the period 44,689 44,689 46,459 46,459 Cash available at end of the period 41,574 43,145 44,689 35,624 10

11 ATTACHMENT 7 Statement of changes in shareholders equity 11

Zignago Vetro S.p.A. PRESS RELEASE THE ZIGNAGO VETRO GROUP INCREASES REVENUES IN Q BY 7.5% AND NET PROFIT BY 13.4%

Zignago Vetro S.p.A. PRESS RELEASE The Board of Directors of Zignago Vetro S.p.A. approves 2012 First Quarter Report THE ZIGNAGO VETRO GROUP INCREASES REVENUES IN Q1 2012 BY 7.5% AND NET PROFIT BY 13.4%