Our People

Patrizia Savi Chiara Dorigotti Chairman Chief Executive Officer

Marco Funel Alessandro Gervasoni Fabio Baiardo Commercial Development Business Analysis and Operations and Maintenance Manager Reporting Manager Manager

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Executive Summary Milano Prime is the market leader for B&GA in

Key Aspect Description

Strong and solid shareholding We are fully owned by SEA S.p.A., airport management company of Milano Airports, one of the structure largest airport managers in .

Our locations are in Milano, financial, business and design hub in Italy, gateway to renowned touristic Top and developing locations locations in Italy. Milano Linate Prime is uniquely positioned (less than 7km) from downtown Milano and Milano Malpensa Prime is the perfect link from Milano to the heart of Lombardy and Europe.

Market leadership We are the largest B&GA airport system in Italy and the 5th European one.

Milano Prime earmarked important infrastructure developments in Milano, both in Linate with the Infrastructures development full Terminal restyling and new hangars and at Malpensa with the brand new Business&General Aviation Terminal, opening July 2019.

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Our Group

SEA S.p.A., our shareholder, 54.81% manages the two airports in Milano: Municipality Milano Linate and Milano Malpensa *~ 34 million passengers ~ 693 million Euros turnover ~ 123 million Euros net result 8.62% 0.82% F2i Sgr SpA Others ~ 55% of SEA is controlled by the Municipality of Milano, the rest by Private Equity Funds

SEA Prime, ~100% controlled by SEA, manages the 1st B&GA airport in Italy 35.75% 2i Aeroporti SpA

*2018 Data Private Equity Funds

7 Demographics

Milano Linate and Malpensa Airports are located in Lombardy, Italy’s richest region, where the population LUGANO has topped 10 million: MALPENSA LINATE the equivalent of the MILANO whole population of Portugal, Belgium, the Czech Republic, Hungary or Sweden.

8 Milano and Lombardy prime business venues

Lombardy Italy Share Area 23,864 302,073 7.9% (sq. km.)

Population Over 3,600 10,036,258 60,483,973 16.1% foreign (1/1/2018) Workforce multinational 4,701 25,930 18.1% companies (thousand, 2017) GDP located in 383,175 1,724,955 22.2% Milano (nominal, millions euro, 2017) Value Added (33% of those 34,064 25,550 - active in Italy) (per capita, 2017) Nr. Enterprises with 279,000 815,956 5,150,149 15.8% employees (2017) and 168 billion R&D Expenditure 4,758 23,172 20.5% Euros (millions euro, 2016) turnover. Import 124,737 400,659 31.1% (millions euro, 2017)

Export 120,334 448,107 26.9% (millions euro, 2017)

Source: Booklet Italy, Lombardy and Milan. Assolombarda, N° 07/Jan 2019

9 Milano and Lombardy prime business venues

GROSS DOMESTIC PRODUCT (%) - 2017 ADDED VALUE PER CAPITA (€) - 2017 GDP (var % 2017 vs 2008)

Milan 3,6% 47,668

34,064 -0,8% 25,550 Lombardy

Italy -4,2%

Milan* Lombardy Italy Milan 9% Rest of Lombardy 22% Rest of Italy 78% (*) estimated value

Source: Booklet Italy, Lombardy and Milan. Assolombarda, N° 07/Jan 2019

10 The nation’s capital for development

• 5,300 multinational corporations based in Lombardy (47% of those based in Italy). • Approximately 500,000 employees. • Turnover of foreign capital companies in Lombardy tops 218 billion Euros. • The largest share of foreign investment businesses in Lombardy are pharma & chemical industry, engineering industry, textile & , electrical devices, electronics, food & beverage. • 28 Fortune 100 Companies have established their Italian branch in Milano.

11 Milano, unrivalled capital of fashion

• “Capital of Fashion Capitals” as stated by Leonardo da Vinci

• Hosting the Fashion Week twice a year

• Via Monte Napoleone, located in the heart of Milano’s fashion district, is a worldwide icon shopping street.

• Vittorio Emanuele II Gallery is one of the world's oldest shopping malls, housed within a beautiful four-story double arcade in the city centeR of Milano.

12 The wealth of cultural attractions

• What to visit in Milano: Duomo, , Vittorio Emanuele II Gallery, Leonardo da Vinci’s Last Supper, Brera Art District, Sforza Castle, , Monumental Cemetery and much more!

• The best museums in town: Triennale, Mudec, Fondazione , Palazzo Reale, , , Hangar Bicocca

13 More than a city

• Lake Areas: Como, Garda, Maggiore, Iseo, Lecco, Lugano

• Mountain and coast: The Alps and the Ligurian Riviera

• Vineyard Area: Langhe, Franciacorta and Oltrepò Pavese

• Sports: San Siro stadium (Milano), Juventus stadium (Turin), Formula One Grand Prix (Monza)

• UNESCO: 18 UNESCO world heritage sites near by Milano

14 The MUST-BE in the city

• HOMI - interior design - January and September • Fashion Week - Fall/Winter season - January and February • MIPEL - The Bagshow - February and September • MICAM - shoes exhibition - February and September • Linea Pelle - leather exhibition - February and October • MIDO - eyewear exhibition - February • Design Week - April • Formula One Grand Prix - September • Fashion Week - Spring/Summer season - June and September • “La Scala” Grand Opera - seasonal opening - December

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Milano ranks #5 Busiest General Aviation Cities (EU 27) – Average daily departures 2018

RANK CITY 2018

1 153.4

2 76.9

3 NICE 49.4

4 GENEVE 46.7

5 MILANO 35.5

6 ZURICH 34.7

7 MOSCOW 33.6

8 BERLIN 26.6

9 MUNICH 26.2

Threshold 20 deps/day

Source: SEA Prime and WingX, 2018

17 The Italian B&GA market ranks #4 in Europe Main European markets growth rate

European market departures and -6.9% YoY growth -6.5% 2018

4.3% -4.7% France 171.973 2.7% Germany 136.852 1.3% -0.6% UK 114.283 -4.5% 5.6% 0.0% Italy 64.975 1.4% 3.5% -5.4% Spain 53.131

Switzerland 52.008 14.0% 1.2% others 276.640

Total 869.862 5.5% -10.5%

Source: WingX 2018

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A long Company history and the path forward

1961 2001 2011 2013 2015 2016 2017 2018 2019 2020

Start of ATA ATA forms ATA Handling Acquisition Rebranding: Focus on Delivery of Approve of Opening new New Handling S.p.A. business in of ATA and SEA Prime and airport new hangar in project for Milano hangars at and transfers Linate, the fully Prime Aviation management Milano Linate Milano Malpensa Milano all activities Ciampino controlled ATA Services (PAS) with sale of Prime Malpensa Prime Prime Linate Prime related to and Venice Ali Servizi by 60% of handling Terminal Terminal, in Commercial Aviation airports was SEA SpA Refurbishment activities Opening of and of new July, and new transferred of Milano Linate Leonardo hangar at Milano from ATA to Prime GAT for Opening of Helicopters Milano Linate Linate Prime ATA Ali Bombardier & maintenance Prime lounges Servizi maintenance base Agreement with base BMW for VIP Commencement car service and Opening of of operations of business center Prime Gusto hangar at Milano Malpensa Prime Agreement with MonteNapoleone Lounge

20 Traffic performance

Milano Linate Prime Milano Malpensa Prime

19.6 * 25 17 5 18.9 20 17.9 ** 17,1 16,3 16.8 16.6 20 15.9 4 15.8 16 15 15.3 15 3 14.9 15 10 14.4 10 2 3.7 22.3 22.4 22.6 20.7 21.3 21.3 14 4.0 3.6 4.2 4.2 4.6 5 5 1

13 0 2013 2014 2015 2016 2017 2018 2013 2014 2015 2016 2017 2018

Milano Expo effect Average aircraft MTOW *A340 training effect Mov (.000) **Champions League Final effect

21 New and existing airside facilities at Milano Linate Prime SEA Prime is investing in Linate ca EUR 22 mio by 2022

New hangar delivered 2017 New Apron 2020-2022 New Hangar Modules

• 70,000 sqm dedicated Apron - Development of new Apron areas (67,000 sqm) • 10 Hangars at Milano Linate Prime LIML (24,000 sqm) - 1 Hangar delivered in March 2017 - 1 Hangar to be constructed by 2020 - 2 Hangars to be constructed starting from 2021 • Occupancy rates: 99% • New Fuel Farm available after 2022

22 Milano Linate Prime GAT

23 Milano Linate Prime maps (~1,300 sqm)

Passengers BMW Business Dedicated Lounge: Center: Security 50 sqm 130 sqm and Border Control

New lounge: 63 sqm New lounge: 111 sqm New lounge: 60 sqm New lounge: 55 sqm GROUND FLOOR FIRST FLOOR

24 Our Airports

• Runways • Runways Main runway: 2,440m 2 runways: 3,920m each Secondary runway: 620m

• Apron areas • Apron areas Main apron area: 363,000sqm Main apron area: 1,335,000sqm GA apron area: 70,000sqm GA apron area: 33,300sqm

• GA Terminal - including apron and hangars • GA Terminal - including apron and hangars Total surface (including apron): 130,000sqm Total surface (including apron): 39,700sqm Passengers terminal: 1,250sqm Passengers terminal: 1,400sqm

• Vip Car parking • Vip Car parking 360 lots 110 lots

• Lounges and Business Center • Lounges and Business Center Lounges: 5 Lounges: 5 Meeting Rooms: 6 Meeting Rooms: 1

• Hangars • Hangars 10 Hangars 1 Hangar Total surface: 24,000sqm Surface: 5,000sqm 25 Our services Advertising Advertising spaces available both BMW Business center at Linate Prime and Malpensa sponsored by the prestigious Prime. German car manufacturer, offers 6 meeting rooms with high speed internet, screens and conference facilities and a lounge for meetings. Catering for events is also Limousine service available. Dedicated transfer service from and to the airport to satisfy every need related to transports on cars and minivans with driver.

Concierge services Prime Concierge offers passengers, crews and their guests a wide range of services: limousine and hotel reservation, booking of events, VIP Car Parking museums and restaurant reservation, as well as 360 dedicated parking lots at Linate any specific request which may arise. Prime and 110 at Malpensa Prime.

Hangar Facilities Hangar spaces available for daily or Maintenance, catering, ground handling longer term use, both at Milano and refueling services Linate Prime and Milano Malpensa provided by our partners. Prime.

Lounges and offices Events organization available both at Linate Prime The perfect location to organize and Malpensa Prime. promotional events. 26 10 reasons to land at Milano Prime

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Milano Prime is based both at Linate, the closest Stylish lounges dedicated to Business Aviation airport to the center of Milano guests and crew. (less than 7 km), and at Malpensa, the perfect link from Milano to the heart of Lombardy and 7 Europe.

2 Exclusive meeting rooms to organize conferences Milano is the place to go and be seen, and private meetings. 8 with prestigious events like fashion and design weeks, exhibitions, top hotels, unique museums and restaurants. Dedicated border control and customs and tax free service. 3

VIP vehicles waiting 9 for you when you land. Hangars dedicated to executive jets 4 and maintenance facilities on site.

Milano and northern Italian destinations are easily reachable 10 5 and well connected. Highest safety standards and Full range of FBO environmental management services system. available 24 hours/day. 27

A brand new Business & General Aviation Terminal at Milano Malpensa

Milano Malpensa Prime, opening July 2019, is designed as a brand new VIP Terminal building with state-of-the-art facilities for both passengers and crews, with the best and world-renowned Italian style.

With a total surface of 1,400 sqm, the Terminal connects the air-side to the land-side with dedicated border control and custom, that minimizes to less than a couple of minutes the time to go through the checks both on departure and arrival.

29 The new Terminal

This new B&GA airport couples the experience and the tradition of Milano Prime, a company managing the General Aviation in Milano since 1962, with a new sizeable investment earmarked at making it, together with Milano Linate Prime, the most exclusive gateway to Milano, the European capital for business, fashion and design.

30 5 exclusive lounges with a view

The Terminal polyhedric shape, that recalls that of a gem, is characterised by precious finishes for common areas and private lounges, designed to welcome passengers and crew as they arrive and depart, offering them a relaxed atmosphere, also thanks to the refined furnishings and lighting: porcelain tiles for the floor, reflecting aluminum for the ceilings and corian on the walls.

31 FBO services

With a full range of FBO services available 24 hours/day, a 5,000 sqm hangar for daily or longer term use and a dedicated apron, Milano Malpensa Prime is capable to host aircrafts of any type and size, with a number of operators providing ground handling, catering, maintenance and refueling services.

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