4.625% Senior Notes due 2021
ISIN: XS1061086846; Common Code: 106108684
Milan, April 30, 2018 – On April 9, 2018, notice (the Conditional Notice of Redemption) was given by Piaggio & C. S.p.A. (the Issuer) inaccordancewithSections 3.2, 3.4 and 11.1 of the indenture dated asof April 24, 2014 (theIndenture)byandamong, inter alios,the Issuer, as Issuer, Deutsche Trustee Company Limited as Trustee and Deutsche Bank AG, London Branch, as Paying Agent, pursuant to which the Issuer issued its €250,000,000 4.625% Senior Notes due 2021 (the Notes).
Thetermsnototherwise defined herein shallhave the same meanings given to them in the Conditional Notice of Redemption.
The Refinancing Condition has been satisfied todayand the Issuer will therefore redeem theentire principalamountoftheNotes outstanding, in accordance with the terms set out in the Conditional Notice of Redemption, on May 9, 2018, which shall be the “Optional Redemption Date” for the purposes of the Conditional Notice of Redemption.