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1 Milan and Rome Europe allenovery.com

2 Milan and Rome Europe Our experience Banking & Finance Corporate ICM Helping people to achieve their potential With market-leading Italian and international banking and finance lawyers who operate as an integrated team on Italian, English and international transactions, we advise both lenders and borrowers across the full range of financial products including general lending, high yield, leveraged finance, project finance, asset finance, real estate finance, restructuring and securitisation. In light of recent market conditions, we continue to develop innovative solutions for our clients, often incorporating complex financing techniques that lead the industry or are first-of-a-kind. They are up to the challenge and perform incredibly. They are really helpful and easy to work with, giving prompt feedback in tough timeframes. (Banking and Finance: Italy) Entrepreneurial spirit and energy Recognised as a leading adviser on M&A and other corporate transactions by league tables, we advise across the broad spectrum of corporate work including domestic and cross-border M&A, private equity, joint ventures, corporate governance and restructuring of distressed and insolvent companies, as well as outsourcing. We are fully integrated with Allen & Overy s international team and the majority of our transactions have a multi-jurisdictional focus. Strong teamwork, efficient working practices and uniform approaches enable us to manage cross-border deals effectively and seamlessly. The team is impressive. It also produces dynamic project ideas and provides advice which is right the first time. (Corporate M&A: Italy) Excellence in everyone and everything With a dominant position in the Italian capital markets scenario, we advise on the full spectrum of debt capital markets products including: standalone, convertible, exchangeable and equitylinked bonds; regulatory capital instruments; the establishment and maintenance of domestic and international debt, structured security, commercial paper and certificates of deposit programmes (including issues thereunder) and liability management exercises. Recognised for our leading derivatives and regulatory practice, we also advise on securitisation and covered bonds transactions and are at the forefront of the growing European and Italian private placement market. Top market players, always gave an immediate response. They had great problem solving skills with any counterparty. IFLR (Capital Markets: Italy) Allen & Overy LLP 2017

3 Litigation & Arbitration Allen & Overy Studio Legale Associato provides high-quality professionals and great expertise, both in domestic and international transactions, Italy Adding value for our clients Our team has in-depth experience in handling complex domestic and multi-jurisdictional contentious matters in a variety of areas including, among others, finance, corporate and commercial litigation, restructuring and insolvency, energy disputes, regulatory investigations and international arbitrations. We regularly work with colleagues from the worldwide network and independent local counsel to handle global disputes guaranteeing uniformly high standards. Our Italian team has gained an enviable reputation for the quality of the work undertaken and its international focus. The lawyers are very responsive and were able to answer all requests and concerns (Dispute resolution: Italy) Dedication to our clients We offer a wide range of tailored tax advisory services across different sectors and industries, whether on a standalone basis or in the context of transactions. Our team consists of professionals who continually deepen their expertise and are at the forefront of tax and accounting regulations. We advise on accounting issues in order to comply with the strict interconnection between tax and accounting in Italy. Our clients can benefit from our experience in leading disputes before tax courts and representing clients in negotiations with tax authorities. With strong expertise and authority, Allen & Overy Studio Legale Associato has a standalone tax advisory service. Legal (: Italy) I really appreciate the firms international network; it can leverage on different experiences and different countries Chambers Europe 2015, Italy The service is on track and consistently professional in every office Legal , Italy The firm is strong and totally reliable., Italy Winner FT Innovative Lawyers Awards 2007, 2011, 2012 and 2014

4 Our Specialised Groups Solutions-led advice 01 Administrative Law 02 Antitrust 03 Employment Depending on the nature of the transaction, we can call upon experts from our specialised groups, which are made up of integrated cross-practice teams of lawyers, to provide full-spectrum, cutting edge advice. Our multidisciplinary approach enables us to have a high degree of flexibility and in-depth knowledge of technical aspects of clients transactions. Our attitude is that of a partnership, working in collaboration with the client to develop the right solution and being flexible and competitive when it comes to fee arrangements. 10 Restructuring and Insolvency 09 Real Estate 08 Projects A client centric culture 07 Intellectual Property 06 Infrastructure and Transport 04 Regulatory 05 Energy The group provides a high quality of service and is always ready to intervene. (Competition/European Law: Italy) Highly knowledgeable team. (Real estate: Italy) The group shows strong levels of business acumen. Legal (Restructuring/Insolvency: Italy) The lawyers have practical expertise which is really helpful. (Labour: Italy) Their client-focused approach is greatly appreciated. Top Legal 2014 (Administrative Law: Italy) allenovery.com

5 Milan and Rome Europe A&O in Italy 9 Partners 80 Legal professionals 20+ Years in Italy 2 Offices across Italy Over more than 20 years, Allen & Overy has been one of Italy s premier legal practices, offering domestic and cross-border legal services to the world s leading corporations and financial institutions. Based in Milan and Rome, our lawyers have an in-depth knowledge of the local market and its related dynamics and players, and are able to combine that with our international reach and sector expertise. Our lawyers in Italy, many of whom are qualified to practise in multiple jurisdictions (including England and New York), work closely with our truly global network of 44 offices in 31 countries. We have also developed strong ties with relationship law firms in more than 100 countries where we do not have a presence. In this way we are able to offer our clients the support and advice needed to succeed in the evolving national and global markets. Our clients are at the heart of everything we do: central to our strategy, culture and the way in which we deliver our advice. While each client is unique, our standards of high-quality work are universal in every one of our offices. More than legal advisers, we aim to become strategic business partners for our clients. We also plan seminars and training on law topics to address and help them on key legal issues. Antitrust/Regulatory Law Firm of the Year Legal Community Energy Awards 2015, Italy Italian Finance Litigation Firm of the Year Legal Community Finance & Legal Awards 2015, Italy Debt Capital Markets Firm of the Year Legal Community Finance & Legal Awards 2015, Italy Italian Advisory Firm of the Year Legal Community Finance & Legal Awards 2015, Italy Allen & Overy LLP 2017

6 FOR MORE INFORMATION, PLEASE CONTACT: Milan Allen & Overy Studio Legale Associato Via Manzoni 41 Milan Italy Tel Rome Allen & Overy Studio Legale Associato Corso Vittorio Emanuele II 284 Rome Italy Tel Key contacts Stefano Sennhauser Senior Partner, Italy Banking & Finance Tel Francesco Bonichi Partner, Rome Craig Byrne Giovanni Gazzaniga Corporate Paolo Ghiglione Corporate Tel Tel Tel Tel Massimo Greco Litigation & Arbitration Francesco Guelfi Head of, Milan Pietro Scarfone Banking & Finance Cristiano Tommasi Partner, Rome Tel Tel Tel Tel Lisa Curran Senior Counsel, Rome Pietro Bellone Counsel, Rome Banking Livio Bossotto Employment Emilio De Giorgi Antitrust Tel Tel Tel Tel Frederic Demeulenaere Banking & Finance Emiliano La Sala Carlo Merisio Real Estate Michele Milanese Counsel, Rome Tel Tel Tel Tel GLOBAL PRESENCE Allen & Overy is an international legal practice with approximately 5,200 people, including some 530 partners, working in 44 offices worldwide. Allen & Overy LLP or an affiliated undertaking has an office in each of: Abu Dhabi Amsterdam Bucharest (associated office) Budapest Ho Chi Minh City Hong Kong Moscow Munich Seoul Shanghai Antwerp Casablanca Istanbul New York Singapore Bangkok Barcelona Doha Dubai Jakarta (associated office) Johannesburg Paris Perth Sydney Tokyo Beijing Düsseldorf London Prague Warsaw Belfast Bratislava Frankfurt Hamburg Luxembourg Madrid Riyadh (cooperation office) Rome Washington, D.C. Yangon Brussels Hanoi Milan São Paulo Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP s affiliated undertakings. Allen & Overy LLP 2017 Italy_6pp_Office_Brochure_ADD allenovery.com

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