Analytical Statistics on the proceedings of the Milan Chamber of Arbitration

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Analytical Statistics on the proceedings of the Milan Chamber of Arbitration - 2017 Requests for Arbitration: 131 new requests in 2017 Appointments of Total 195 Arbitrators in 2017 Number Percentage Number Percentage Status of the Appointments in 2017 (Latest data as at February 2018) By the Parties 74 37,9% Confirmed * 160 70,5% By the Arbitral Council 102 52,3% By the Co-Arbitrators 12 6,2% By the President of the 3 1,5% Chamber of Arbitration By the President of the 0 0% Chamber of Commerce By other Appointing Authorities 4 2,1% To be confirmed * 51 22,5% Non acceptance of the 4 1,8% appointment by the arbitrator Appointments not yet 1 0,4% examined Not confirmed ** 11 4,8% (*) Confirmed / To be confirmed arbitrators: the arbitrator shall be confirmed by the Secretariat if he/she files an unqualified statement of independence and none of the parties file any comments thereon. In any other case, the Arbitral Council shall decide on the confirmation of the arbitrator. (**) Not confirmed arbitrators: 9 arbitrators were replaced as a result of the non-confirmation; 2 arbitrators have not been replaced due to an early termination of the proceedings following the withdrawal of the claims. 1

Number PPercent of the total appointments Composition of the Arbitral Tribunal Sole arbitrator 67 51% Panel of three arbitrators 64 49% Replaced Arbitrators grouped by Appointing Authorities (2017) Originally appointed by the Parties 5 45% Originally appointed by the Arbitral Council 6 55% Originally appointed by the Co-Arbitrators 0 0% Women appointed as Arbitrators Total number of the appointments in 2017 195 100% WOMEN APPOINTED IN 2017 29 14,9% Acting as chair of the Arbitral Tribunal 6 20,7% Acting as sole arbitrators 16 55,2% Acting as co-arbitrators 7 24,1% Appointing Authority Arbitral Council Parties Other Authorities 26 1 2 89,7% 3,4% 6,9% 2

Parties Natural person Individual Proprietorships 6 1,74% Natural person Private Individuals 86 24,93% Natural person - Professionals 17 4,93% Natural persons - TOTAL 109 31,6% Business Corporations 197 57,1% Partnerships 7 2% Legal persons Other Entities 32 9,3% TOTAL 345 100% Outcomes Arbitral proceedings closed in 2017 125 100% Awards 59 47% Proceedings settled and dismissed for withdrawal of the claims 53 42% Proceedings expired for failure to pay the fees 12 10% Consolidation to other proceedings 1 1% 3

Nationality of the Parties Registered offices Number Percentage Italy - Milan 100 29% Italy Rome 25 7,2% Italy North (other than Milan) 143 41,4% Italy - Centre (other than Rome) 31 9% Italy South and the Islands 13 3,8% Italy TOTAL 312 90,4% European Union 17 5% Non UE Mediterranean Countries 1 0.3% Non UE Other Countries 15 4,3% TOTAL NUMBER OF THE PARTIES 345 4

Classification of the cases Seat Number Percentage Subject matter Number Percentage Milan 116 88,5% Italy (Other cities than Milan) 15 11,5% Decision By the rules of law 126 96,% Ex aequo et bono 5 4% Qualification Domestic 106 81% International 25 19% Nature of the proceedings Rituale 127 97% Irrituale 4 3% Corporate matters 46 35,1% Construction Law 19 14,5% Rent, sale and concession of a Business 12 9,2% Sales of goods 9 6,9% Real Estate 8 6,1% Industrial matters 7 5,3% Sale & Purchase Agreements 6 4,6% Banking 4 3,1% Leasing 4 3,1% Entrustment Ageements 4 3,1% Agency 3 2,3% Cooperation & Advisory 3 2,3% Insurance 1 0,8% Unfair Competition 1 0,8% Franchising 1 0,8% Others 3 2,3% 5

Economic value of the cases Total Value 625.071.900 Average Value 4.771.600 (Excluding the 8 higher and lower cases) ( 2.439.400) Cases for Value Range 6

Duration Average duration of the cases (Cases closed in 2017) Cases closed for settlement Dismissed cases Proceedings expired Cases closed with the filing of the award Duration between the Request for Arbitration and the constitution of the Arbitral Tribunal Duration between the constitution of the Arbitral Tribunal and the filing of the award Duration between the filing of the arbitration clause and the Request for Arbitration 13 months 14 months 8 months 7 months 19 months 5 months 12 months 5 years and 1 month Average duration of the cases and composition of the Arbitral Tribunal Sole arbitrator Panel of three arbitrators 12 months 15 months Awards Final awards 59 Partial awards 4 Interim awards 1 TOTAL 64 7