PRIVACY NOTICE

Dear user, pursuant to art. 13 of Italian Legislative Decree 196/2003, as amended (hereinafter "Law"), we hereby inform you of the following:

I. Personal information that you provide to Fondo Italiano d'Investimento SGR SpA when you fill in the registration form on this web page will be processed using automated and non-automated means in compliance with the access restrictions provided for by Law and the relevant implementation regulations and in observance of the confidentiality obligations and other requirements thereof;

II. Under the foregoing Law the processing of personal information shall mean any operation or series of operations - performed with or without the aid of electronic or automated means, or in paper form - that involves collecting, registering, organising, storing, processing, modifying, selecting, excerpting, comparing, using, linking, blocking, communicating, disclosing, erasing and distributing said information;

III. Personal information is processed for purposes associated with or instrumental to the activities of Fondo Italiano d'Investimento SGR SpA, including the storing of said information in the database of Fondo Italiano d'Investimento SGR SpA or in the database of its client that supplies the services described on this website and in relation to which you have filled in the form, provided information or requested to be contacted. The information is also specifically processed:

A. to meet our legal obligations, in tax and accounting terms also; B. to enable you to access the website of Fondo Italiano d'Investimento SGR SpA and the online services it offers and, in particular, to enable us to provide you with any information you have requested regarding the administrative management of the activities of Fondo Italiano d'Investimento SGR SpA and its client; C. for direct mailing and/or direct marketing activities, including promotional activities, on our behalf or on behalf of other advertisers that supply the services described on the website; D. for marketing and web communication-related market surveys conducted by Fondo Italiano d'Investimento SGR SpA independently or in collaboration with partners such as research institutes, public and private bodies and associations.

IV. Registration details must be provided for the purposes A and B above; Fondo Italiano d'Investimento SGR SpA will be unable to supply the requested services if these details are not provided. Providing registration details for the purposes C and D above is optional but Fondo Italiano d'Investimento SGR SpA will be unable to inform you of promotions and offers if the details are not provided.

V. Your personal information will be stored in a Database and may be disclosed to the following parties: A. persons that may have access to the information in their capacity as "data processor" or "person in charge of processing" for Fondo Italiano d'Investimento SGR SpA, including employees of its administration, commercial, production and technical departments and its IT Office. B. Parent companies, subsidiaries and associated companies; C. Market research partners; D. Companies that conduct instrumental activities; E. Companies that supply the services described on this website and in relation to which you have filled in a form, provided information or requested to be contacted. A fully updated list of the foregoing parties shall be made available on request.

Your personal information will not be disclosed for purposes other than the above.

VI. The Data Controller is Gabriele Cappellini, Legal Representative of Fondo Italiano d'Investimento SGR SpA with registered office at Via Turati 16/18 - 20121 Milan, Tel +39 02 63532.1.

VII. Personal information is processed using tools that guarantee confidentiality and access to the information is controlled and restricted to authorised persons only. Personal information is stored for the amount of time prescribed by law in a database owned by Fondo Italiano d'Investimento SGR SpA and located at its offices at Via Turati 16/18 - 20121 Milan and at the offices of its supplier of server housing services located at Via Sergio Ramelli 8 - 52100 Arezzo.

VIII Rights of interested parties. You may exercise the rights set forth under art. 7 of the Privacy Code (formerly art. 13 of Law 675/96) by contacting the legal representative of Fondo Italiano d'Investimento SGR SpA at the above address. Specifically, you have the right, at any time, to obtain confirmation as to whether information about you exists, to know its content and source, check its accuracy or request its integration, update or correction. Under the same article of law, you also have the right to request the deletion, conversion into anonymous format or the blocking of unlawfully processed data or any sensitive information (personally identifiable information regarding ethnic origin, religious and philosophical beliefs or political opinions, membership of a political party or trade union or membership of a religious, philosophical, political or trade union association or organisation or information regarding a person's health, sexual preferences or practices or criminal record) that you have opted voluntarily to provide (the latter will not be processed without your explicit consent) and to object, on legitimate grounds, to your personal information being processed.

For further information regarding your privacy rights please consult the website www.garanteprivacy.it