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MILANO M.T. MILANO CORTINA 2026 CORTINA Candidate City Olympic Winter Games INDEX 1 2 3 4 5 VISION AND GAMES PARALYMPIC SUSTAINABILITY GAMES GAMES CONCEPT EXPERIENCE WINTER GAMES AND LEGACY DELIVERY MILANO VISION AND CORTINA GAMES CONCEPT _2026 VISION AND 1 GAMES CONCEPT The Milano Cortina 2026 ting of the Italian Alps. Having hosted the 1956 Olympic Winter ity. We know that delivering intense sporting moments in inspi- 1 | Olympic Vision Games, Cortina, the Queen of the Dolomites, is an international rational metropolitan and mountainous settings has the power winter sports destination of the highest acclaim, with an excel- to change lives. We want the world to love winter sports like we A partnership inspired by Agenda 2020 lent track record and relationships with national and interna- do, inspired by amazing athletic performances; tional sports federations. A proud host city for the 2021 World The Milano Cortina 2026 Candidature was inspired by the Alpine Ski Championships, it was praised for its sustainable ap- Embrace Sustainability - We want to build on our strong IOC’s Agenda 2020 and presentation of ‘New Norm’ which proach to ensure protection of the sensitive alpine ecosystem. It environmental credentials. We will use the Games to help clearly repositions hosting the Olympic and Paralympic is an interesting example of a multi-cultural, multi-lingual socie- accelerate our work at the forefront of sustainability to help Games as an event that is more sustainable, more flexible ty with clear ambitions for a sustainable future. develop innovative and sustainable solutions to shape lives of and more efficient, both operationally and financially, whilst the future. With a strong winter sports heritage, and 13 out of also unlocking more long-term value for host cities. This partnership underpins our vision for the 2026 Winter 14 competition venues already existing or temporary, Milano Two cities – Milano and Cortina – with four supporting Olympic Games. Cortina 2026 offers the Olympic Movement a story of sustain- regions – Lombardia, Veneto, Trento and Bolzano/Bozen – ability in line with Olympic Agenda 2020 – and an opportuni- join forces to deliver memorable Games that will be condu- ty to show the world that it is possible to host the Olym- cive to greater cooperation in the entire Alpine macro-region. The most sustainable, inspirational, pic Games in a fiscally-responsible, socially-sustainable These principles and a clear focus on sustainability have pro- memorable Winter Games ever, and environmentally-friendly manner; vided the foundations for the Milano Cortina 2026 Candida- to change lives for future generations ture – a compelling Italian offer that unites tradition and in- Use the Power of the Games - We want to use the Games novation by combining: as a catalyst to deliver our long-term strategic plans, realising • The inspirational, innovative and creative city of Milano, one Together, we will deliver memorable Olympic Winter Games planned projects and providing many lasting benefits. By cham- of the most dynamic cities in Europe with a strong and diverse that embrace sustainability, using Italy’s experience, passion pioning the Olympic spirit, we will deliver benefits for sport, for economy, often regarded as Italy’s financial capital, having and heritage in winter sports to inspire athletes and deliver culture, for business, for innovation, for education, for sustainabil- strengths in arts, commerce, design, education, entertainment, many long-term benefits for sport and society. ity and for people throughout the world (see also Q61). fashion, finance, healthcare, media, research, services, tourism and universities. It is a city with a decidedly cosmopolitan char- Our motivation to host the Olympic Winter Games is driven Benefits acter. Music, theatre, museums, cinema and contemporary art by our ambition to: form a hugely rich and varied tapestry of cultural offerings for Enhance global profile and positioning - We want the Games Our vision is underpinned by five key goals that will deliver the benefit of locals and visitors alike. The success of the World to reinforce Italy’s reputation as a major events host of the a range of benefits to the host cities, to the Regions of Lom- Expo 2015 laid the foundations for a ‘new Milano’ (the first event highest calibre, and to establish the spectacular Italian Alps as bardia and Veneto, to the Dolomites and Italian Alps, to Italy in Italy to be certified to ISO20121 standards) and spawned the a world-leading Winter Sports Hub, while promoting Italy as an and to the Olympic Movement. desire to host further international events, such as the Games. attractive destination to live, work, learn, invest and visit; Goal 1: Games for all As the President of the Italian Republic, Sergio Mattarella, said Goal 2: Sustainable development and cooperation during his speech at the Expo closing ceremony “Today is not a Share Our Italian Passion - We want to use our sporting pas- in the macro-alpine region farewell but the beginning of a new civic commitment”; sion and Olympic experiences to make Milano Cortina 2026 Goal 3: To champion the Olympic spirit and something special. With 83% support from our community (and Goal 4: Alps as a major Sports Hub • Cortina d’Ampezzo (Cortina), Valtellina, Val di Fiemme and 81% nationally), our passionate fans will encourage all athletes Goal 5: To strengthen the Olympic brand and add value Anterselva/Antholz – in the stunning traditional mountain set- to excel in their disciplines - regardless of their nationality or abil- to the Olympic Movement. 4 VISION AND 1 GAMES CONCEPT Goal 1: Games for all homage to Italy’s Olympic history and inspiring the next gen- considered from the outset and form an integral part of our bid. To provide an inspirational Games-time experience for eration of young people. Sustainability is particularly important to us given the recent all: for athletes, spectators, media, volunteers, officials, addition of the Dolomites to the UNESCO World Heritage List. sponsors, business, Olympic Family and most important- Milano Cortina’s cultural assets also provide exceptional op- We want to use the Games to showcase the importance of ly, for all Italian citizens, by creating proud, special and portunities for the Cultural Olympiad and a highly-attractive protecting sensitive mountain ecosystems. memorable moments. environment for commercial partners. The Cultural Olympiad We will adopt a carefully-planned and united approach to deliver Italy has hosted the Olympic Games three times: Roma 1960, will use northern Italy’s unique cultural heritage and crea- sustainable Games that use sport as the catalyst for many eco- Cortina 1956 and Torino 2006. On each of these occasions, tivity, building on existing programmes and developing new nomic, environmental and social benefits and contribute towards the Nation embraced the opportunity to help strengthen the ones, to fully engage local and international communities and achievement of the UN Sustainable Development Goals. Further unique and universal message of ‘unity’ and generate a strong embrace cultural inclusivity, offering a warm Italian welcome details on our Sustainability goals are included in Section 4. sense of pride amongst Italian citizens. Our passion and expe- to all, regardless of ethnicity, gender, sexual orientation etc. rience of hosting events will deliver a truly memorable athlete We will harness Italian creativity, passion and innovation to experience, inspiring them to perform at their very best. showcase the Olympic spirit at Games-time. These memora- ble moments will also be used to inspire future generations In 2026, the inspirational urban setting of a modern metrop- to engage with sport and use sport as a tool to deliver many olis will be united with the uplifting and traditional moun- wider benefits for our communities. tain-setting of the spectacular Italian Alps. Athletes, specta- tors and the Olympic Family will experience Italy’s passion Goal 2: Sustainable development and cooperation in the and enjoy the cultural and social pleasures that draw millions macro-alpine region of visitors to Milano and the Italian Alps every year. To promote sustainable development, to strengthen co- operation in the macro-alpine region and act as a cat- The Opening Ceremony at the Stadio Giuseppe Meazza in the alyst for the long-term development of Milano, Cortina San Siro sport district will allow 80,000 people to welcome and the Regions, delivering many lasting legacy benefits their heroes. During the Games, we will ensure a unique and to society. integrated experience across sites, using technology to deliver Our ambition is that all children born after 2010 will: an inspiring, celebratory and united Games-time atmosphere. • Play sports regularly; Our inspirational settings, with athletes at centre-stage, will • Recycle ¾ of the waste they produce; The Games will act as a catalyst for the city/region’s long- encourage personal best performances, with images trans- • Use sustainable means of transportation only; term development plans, which aim to improve the lives of mitted around the world, creating long-lasting memories. • Use sport to understand cultural diversity; all who live and visit it, and include: We are proposing the Arena di Verona for our closing celebra- • Grow in a more inclusive and integrated society. • More sustainable transport connections. No new transport tion. One of the largest and most well-conserved and spectac- infrastructure is required and enhanced operations will pro- ular Roman amphitheatres in Italy, this venue will allow all Our Games-time plans are fully embedded within the long-term vide quicker, more efficient journeys, and will promote the athletes to come together, to be welcomed as heroes, just like development plans of our host cities and regions, from both infra- sustained use of public transport as a lifestyle choice; those, centuries before them, were. structural and social perspectives, and have the principles of sus- • A new housing development for University students – al- tainable development at heart.
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    www.pwc.com Centostazioni Retail S.p.A. An investment opportunity in the Italian travel retail sector November 2015 March 2018 Contents 01 Transaction background 02 Centostazioni Retail at a glance 03 Investment opportunity This document has been prepared by the Corporate Finance department of PricewaterhouseCoopers Advisory S.p.A. (“PwCCF”) to provide the intended recipient with some preliminary information about a potential investment opportunity. The document is strictly confidential and must not be provided to or made available, by any mean, to any person other than the intended recipient. The document can not be copied, reproduced, distributed or disclosed to any third party, in whole or in part, without the prior written consent of PwCCF. In no event, regardless of whether consent has been provided, shall PwCCF assume any responsibility to any third party to which the Document is disclosed or otherwise made available. The document does not constitute the giving of investment advice, nor a part of any advice on investment decisions. The information used in preparing the Document has been obtained from a variety of third party sources. PwCCF has not sought to establish the reliability of those sources nor has PwCCF verified such information. Accordingly, no representation or warranty of any kind (whether express or implied) is given by PwCCF as to the accuracy of the information herein reported, and to the completeness or fitness for any purpose of this document. In no event PwCCF shall assume any responsibility to any third party on this regard. Centostazioni Retail S.p.A. PwC 2 32 Transaction background PRE-DEMERGER STRUCTURE Pre-Demerger structure 100% 100% • Ferrovie dello Stato Italiane S.p.A.
  • Be Free, Let Yourself Go

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    B e f r e e , l e t y o u r s e l f g o OVERVIEW 0 3 C O R T I N A ' S S U M M E R A T A G L A N C E 0 5 B E F R E E , L E T Y O U R S E L F G O 0 6 A W O R L D ( H E R I T A G E ) T O E X P L O R E 0 9 A U T U M N , T H E S E A S O N O F T H E S O U L 1 2 N A T U R A L , A U T H E N T I C F L A V O U R S 1 4 S W I T C H O F F T O R E C O N N E C T 1 7 A H I D D E N S I D E O F C O R T I N A 1 9 A N E W L O O K F O R T H E Q U E E N O F T H E D O L O M I T E S 2 2 S U M M E R A N D A U T U M N M A I N E V E N T S P A G E 0 2 The beauty of the Ampezzo Valley CO R T I N A attracts visitors from around the world D ’ A M P E Z Z O at any time of the year because of the majestic peaks that surround it: the SUM M E R - Dolomites, a UNESCO World Heritage.