Company Presentation

Citi Conference - Italian Symposium Frankfurt, 21st March 2013

Company Presentation – March 2013 1 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix

Company Presentation – March 2013 2 at a glance FY 2012 Results

Sales breakdown by geography Sales breakdown by business

APAC 15% Telecom 19% Utilities Latin 29% America Other 9% 2% € 7.8 bn € 7.8 bn

N. America 14% Industrial EMEA 23% 62% T&I 27%

Adj. EBITDA by business Adj. EBITDA margin by business

Telecom 11.8% 25% 10.9% Utilities 42% 7.7% 8.2% € 647 mlna) 3.6%

Industrial 21% T&I 12% Utilities T&I Industrial Telecom Total a) Includes Other Energy Business (€1 mln)

Company Presentation – March 2013 3 2012 Key Achievements All targets fully achieved despite a worsening economic environment

 Adj. EBITDA at € 647 million: top of initial guidance (€ 600-650 million)

600 650

 Net Financial Position at € 918 million: strong improvement vs. initial target and previous year (FY2011: € 1,064 million)

 Sound balance sheet: Net Financial Position / Adj. EBITDA at 1.4x (from 1.8x in FY2011)

 Strong Free Cash Flow at € 284 million (1) (from € 209 million in FY2011)

 Cumulated Synergies at € 65 million (vs. € 45 million target)

(1) Free Cash Flow levered excluding acquisitions, dividends paid and other equity movements

Company Presentation – March 2013 4 FY 2012 Key Financials Euro Millions, % on Sales

Sales Adjusted EBITDA (3) Adjusted EBIT (4)

Reported(1) Full combined(2) Reported(1) Full combined(2) Reported(1) Full combined(2)

647 7,973 7,848 586 483 7,583 568 426 435

403 387 334 309 4,571 3,731

2009 2010 2011 2011 2012 2009 2010 2011 2011 2012 2009 2010 2011 2011 2012 * Org. Growth (excl.Draka) **Org.Growth combined 10.8% 8.5% 7.5% 7.3% 8.2% 9.0% 6.8% 5.6% 5.5% 6.2%

Adjusted Net Income (5) Operative Net Working Capital (6) Net Financial Position

Reported(1) Reported(1) Reported(1) 282 579 1,064 231 486 918 206 465 457 173 474 459

2009 2010 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 5.5% 3.8% 3.0% 3.6% 12.2% 9.2% 7.3% 6.3% (1) Reported figures include Draka Group’s results since 1 March 2011; (2) Full combined figures include Draka Group’s results for the period 1 January – 31 December; (3) Adjusted excluding non- recurring income/expenses; (4) Adjusted excluding non-recurring income/(expenses) and the fair value change in metal derivatives and in other fair value items; (5) Adjusted excluding non-recurring income/(expenses), the fair value change in metal derivatives and in other fair value items, exchange rate differences and the related tax effects; (6) Operative Net Working capital defined as NWC excluding the effect of derivatives; % of sales is defined as Operative Net Working Capital on annualized last quarter sales

Company Presentation – March 2013 5 Increasing profitability and margins across all businesses Selective growth in high value added businesses and synergies as key drivers

LTM* Adj. EBITDA Evolution Adj. EBITDA breakdown € million - % on Sales € million - % on Sales

€ mln % on Sales 650 10% 11.4% 264 Utilities 11.8% 270 600 9%

8.2% 3.3% 73 7.9% T&I 550 8% 7.7% 7.7% 3.6% 77 7.5%7.5% 7.5% 7.3% 7.3% 647 628 6.4% 116 500 597 607 7% 586 Industrial 576 576 554 7.7% 139 535 450 6% 8.8% 128 Telecom 10.9% 160 400 5% 0 1 1 1 1 2 2 2 2 1 1 1 1 1 1 1 1 1 ' ' ' ' ' ' 0 0 0 1 2 3 1 2 3 2 2 2

Q Q Q Q Q Q

Y Y Y FY 2011 FY 2012 F F F M M M M M M T T T T T T L L L L L L

Note: Other Energy Business not included (€5 mlnin 2011, €1 mlnin 2012). * LTM = Last Twelve Months. Full combined figures FY 2011 reclassified to reflect new segment reporting

Company Presentation – March 2013 6 Long Cycle Businesses Vs. Short Cycle Businesses Adj. EBITDA breakdown

Long Cycle Businesses Short Cycle Businesses Short Cycle Businesses Adj. EBITDA 67% 33% (Combined Prysmian + Draka)

• Profitability: stable at bottom level (excl. synergies contribution) Utilities Utilities • Over 50% profitability decrease from the peak (Submarine, HV, (Power Net. Components) Distribution) 33% 9% € mln 500 ~(€ 240mln) T&I 12%

FY 2012 400 ADJ. EBITDA € 647 mln

300

Industrial Industrial (Specialties & OEM, 200 (OGP & SURF, Automotive, Other) Renewables, Elevator) 11% 10% Telecom 100 Telecom (Copper) (Optical and Fiber, JVs, 1% Multimedia & Specials) 24% 0 Long Cycle 2007 2008 2009 2010 2011 2012

Short Cycle PD T&I Industrial* * Industrial includes Specialties & OEM, Automotive and Other segments

Company Presentation – March 2013 7 Utilities Euro Millions, % on Sales – Full Combined Results

Sales to Third Parties Highlights

DISTRIBUTION 2,318 2,287 • Further volume decrease in Europe, partially offset by positive demand in extra-European countries • Europe: weak demand expected to continue next quarters in all countries except Nordics and UK • North America: continuous positive trend in volume and profitability • South America: growing volume in Brazil • Asia: extending presence in all main regions to benefit from the positive demand. Still low volume in Australia 2011 2012 • Slight margin improvement thanks to industrial efficiencies and better * Organic Growth sales geographical mix Note: 2011 reclassified to reflect new segment reporting TRANSMISSION – HV TRANSMISSION – Submarine (1) Adjusted EBITDA • In line with expectations, strong • Double digit organic growth in FY Q4’12 contribution due to project with large order book to support 264 270 phasing growth in 2013 • Stable profits with low double digit • Sound market demand, adj.ebitda margin achieved in FY particularly in off-shore wind farm despite Transco project projects, expected to drive strong • Reasonable visibility on 2013 based order intake in 2013 on order-book • Germany, UK and Netherlands as • Growing demand in US and Asia major drivers of off-shore wind in (e.g. Singapore, Indonesia and Europe. First projects expected in Australia) US • European demand sustained by • Strong focus on projects 2011 2012 land portion of submarine execution to maintain profitability 11.4% 11.8% connections (1) Adjusted excluding non-recurring income/expenses Note: 2011 reclassified to reflect new segment reporting

Company Presentation – March 2013 8 Utilities – Submarine as key driver of profitability increase Record Order-book despite European outlook confirms commitment on renewables and interconnections

Sales breakdown Orders Backlog Evolution FY 2012 Submarine (€ million) ~1,900 ~1,700

Network components 7% ~1,000~1,050 ~900 Transmission - ~800 Submarine ~650 ~650 26% ~550

Dec'08 Jun'09 Dec'09 Jun'10 Dec'10 Jun'11 Dec'11 Jun'12 Dec'12

€ 2.3 bn Orders Backlog Evolution High Voltage (€ million)

Power ~650 ~650 ~650 ~650 Distribution ~550 43% Transmission - High Voltage 24% ~400 ~300 ~300 ~250

Dec'08 Jun'09 Dec'09 Jun'10 Dec'10 Jun'11 Dec'11 Jun'12 Dec'12

Company Presentation – March 2013 9 Utilities – Investing in submarine to increase ROCE Strengthening production and installation (GME acquisition) capabilities

Pikkala (Finland)Drammen (Norway)Arco Felice (Italy)

Main projects in execution/order backlog: 1. Western Link

1 2 2. HelWin 1-2/ SylWin 1/ BorWin 2/ 8 DolWin 3 3 7 5 4 3. Hudson 4. Messina 5. Dardanelles 6 6. Phu Quoc 7. Mon.Ita 8. Normandie 3

- Length overall: 133.2m - Length overall: 115m - Depth moulded: 7.6m - Depth moulded: 6.8m Giulio Verne - Gross tonnage: 10,617 t Cable Enterprise - Gross tonnage: 8,328t

Company Presentation – March 2013 10 Trade & Installers Euro Millions, % on Sales – Full Combined Results

Sales to Third Parties Highlights

• Weak volume in Q4’12 expected to continue due to lower construction 2,233 2,159 activity in Europe • Europe: focus on profitability and cash flow in a declining demand in Central and South Europe. Ongoing production capacity rationalization • Positive demand in US and Canada expected to drive higher contribution in profitability • Growing volume in South America and APAC (e.g. Singapore, Malaysia, HK, Indonesia) • Focus on product portfolio rationalization and service to the customers 2011 2012 * Organic Growth Note: 2011 reclassified to reflect new segment reporting Adj.EBITDAa) evolution from peak to bottom

Adjusted EBITDA (1) Euro millions 250 73 77 200

150

100

50

2011 2012 0 3.3% 3.6% 2007 2008 2009 2010 2011 2012 (1) Adjusted excluding non-recurring income/expenses a) Full combined. 2007-2009: T&I business for Prysmian and E&I business for Draka; 2010-2012 T&I for both Note: 2011 reclassified to reflect new segment reporting Prysmian and Draka according to Prysmian definitions

Company Presentation – March 2013 11 Trade & Installers Sales breakdown

Sales breakdown by geographical area Total Construction Investments FY 2012 2012 = 100 140 North America 130 C.&S. America 120 APAC* Eastern Europe 110 22% Europe Italy & Spain 100 8% Nordics 90 8% 80 A08 A09 A10 A11 E12 E13 E14 E15 E16 € 2.2 bn N. America * Excl. China 7% Focus on Europe

Latin America 2012 = 100 8% 140 Other Europe 130 36% Asia Pacific 11% Eastern Europe 120 Nordics 110

Other Europe 100 Italy & Spain 90 A08 A09 A10 A11 E12 E13 E14 E15 E16 Nordics: Norway, Sweden, Finland, Denmark, Estonia Eastern Europe: Austria, Czech Rep, Slovakia, Hungary, Romania, Turkey, Russia Source: Cresme Ricerche - Euroconstruct, December 2012

Company Presentation – March 2013 12 Industrial Euro Millions, % on Sales – Full Combined Results

Sales to Third Parties Highlights OGP

1,824 1,801 • Positive performance in off-shore during 2012 with growing order-book in North Europe and Asia. Increasing exposure to large Asian markets (e.g. China, Singapore) to benefit from strong demand

SURF

• 2012 deliveries lower than expected. Still limited visibility on 2013 for flexible pipes; growing order book in umbilicals

• DHT: double digit growth in sales and profitability in 2012. Positive outlook on 2013 based on strong order-book 2011 2012 Elevator * Organic Growth Note: 2011 reclassified to reflect new segment reporting • Sales and profitability increase supported by the US market. Leveraging on wide customer base to enlarge presence in Europe, APAC and South America Adjusted EBITDA (1) Renewable

139 • Lower demand in Europe. Incentives renewed in US expected to drive 116 volume recovery mainly from H2’13 Automotive

• Focus on efficiencies and production costs optimization in a difficult European market. Positive demand in Apac and North/South America partially offsetting Europe

Specialties & OEM

2011 2012 • Expected to keep a stable trend next quarters thanks to positive demand in North/South America and Asia. Lower investments in Europe 6.4% 7.7% (1) Adjusted excluding non-recurring income/expenses Note: 2011 reclassified to reflect new segment reporting

Company Presentation – March 2013 13 Industrial Sales breakdown

Sales breakdown by geographical area Sales breakdown by business segment FY 2012 FY 2012

Other Asia Pacific Elevator 4% 18% 7%

Specialties & Renewables OEM Latin America 12% 32% 8% € 1.8 bn € 1.8 bn

EMEA OGP & SURF 48% 23% North America 26% Automotive 22%

Company Presentation – March 2013 14 Telecom Euro Millions, % on Sales – Full Combined Results

Sales to Third Parties Highlights

• Weak sales performance in H2’12 mainly due to lower volumes in 1,431 1,466 North/South America for optical and overall declining trend in copper cables

• Record adj.ebitda margin achieved in 2012. Profitability increase attributable to better sales mix, industrial efficiencies and fixed costs reduction

Optical / Fiber

• Europe: positive volume trend supported by major countries (e.g. UK, Italy and Spain) 2011 2012 • North America: low H2’12 due to incentives suspended. Volume down to * Organic Growth pre-stimulus level (2010)

Adjusted EBITDA (1) • Australia: Strong performance expected in H1’13 due to a low comparable basis. High investments confirmed 160 • Brazil: volume recovery mainly expected from H2’13 thanks to 128 reintroduction of stimulus packages

• China: high investments in all applications (Backbone, Metropolitan Ring and Access network) supporting positive demand

Multimedia & Specials

• Increased profitability confirmed on back of extended commercial footprint (products and regions), and sustainable cost reduction 2011 2012 OPGW 8.8% 10.9% • Growing sales in Spain, Middle East & Africa (1) Adjusted excluding non-recurring income/expenses

Company Presentation – March 2013 15 Telecom Sales breakdown

Sales breakdown by geographical area Sales breakdown by business segment FY 2012 FY 2012

JVs and other Optical, Asia Pacific 23% 27% Connectivity and Fiber EMEA 45% 44% € 1.5 bn € 1.5 bn

Multimedia & Latin America Specials 15% 18%

North America Copper 14% 14%

Company Presentation – March 2013 16 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix

Company Presentation – March 2013 17 The new organization model To strengthen leadership in all business segments leveraging on a global platform

New organization: a matrix linking country and group functions Utilities T&I Industrial Telecom Group Functions

Local Intermediate Global ) s r s e e p p n r &

i s o e e

t a e s C e i s v b l n i i

u e n d + b t s e i i F l D r s k

e a t r o B a l m l r n a P l o a a o c t a G o o m w a m i i

i M / i c c a F p e t c m o i t w c E & e l v t t I e n p R t l b e m l u O e u p V e p e i e & u U l O p o A T ( M S T R O E H S S N c O S &

Country X

Country Y

Country Z

...

Company Presentation – March 2013 18 Integration process update In 2011-12 executed over 50% of actions planned in the full integration process Q2 2011 H2 2011 FY 2012 FY 2013

Design Execution

• New Group • Start deployment • Consolidate “One- • Actions completed to achieve the Organization of new  company” identity with €100m cumulated synergies target and Key  organization and done common targets: by 2013 People done processes o Key management • Enhance Public company model: all Appointment aligned with Group employees (including • Base Business shareholders’ value  blue/white collar) involved in a new  • Synergies plan done Protection through the 2011-13 Employee Stock Purchasing and done completed, start incentive plan Ownership Plan • Corporate  delivering first Brand done costs reduction in: • Synergies Plan: • Synergies Plan: • Mission & o Procurement  o Fixed costs reduction o Additional 4% management and Vision  done as major contributor to staff rationalization completed done o Overheads FY’12 Target. Approx. by Q1’13 (cumulated 12%) • Kick-off of rationalization   done 8% management and main done o Procurement synergies run-rate  staff rationalization integration done from 2013 (suppliers completed by Q1’2012 workstreams agreements review completed) o Finalizing detailed o Cost reduction from operations review of suppliers  as major contributor to FY’13 agreements during the done Target. 7 plants closed since the year acquisition to Dec ’12. o First production Additional plants rationalization facilities rationalization  to be executed in 2013-14; total from H2’12. Closing done number depending on demand down 6 plants by evolution Q1’13

Company Presentation – March 2013 19 First step of production footprint optimization completed 7 plants closed and 1 plant restructured since Draka acquisition

Wuppertal (GER) Industrial cables - partial closure Eschweiler (GER) T&I/Industrial cables Hickory (US) Angel (CHI) Semi-finished products/wires Derby (UK) Industrial/control cables T&I cables

Livorno (ITA) Sant Vicenç (SPA) Telecom cables Industrial cables

Singapore T&I cables

7 Plants closed since Draka acquisition

Company Presentation – March 2013 20 On the right track towards 2015 Target Euro Millions

Synergies Plan 2011-15 Approx. 150 Overheads (Fixed costs)

Procurement

Operations 100 60-70

65

30-40 45 30

13 10 30 40-60 6

7 5 FY11 FY11 FY12 FY12 FY13 Target 2014-15 Target Target Achieved Target Achieved

Restructuring 120 200 costs 46

Note: Cumulated synergies figures are not audited. Calculation is based on internal reporting

Company Presentation – March 2013 21 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix

Company Presentation – March 2013 22 Profit and Loss Statement Euro Millions

FY 2011 FY 2011 FY 2012 Reported a) Combined b)

Sales 7,848 7,583 7,973 YoY total growth (1.6%) c) YoY organic growth (1.8%) c) Adj.EBITDA 647 568 586 % on sales 8.2% 7.5% 7.3% Non recurring items (101) (299) EBITDA 546 269 % on sales 7.0% 3.4% Adj.EBIT 483 426 435 % on sales 6.2% 5.6% 5.5% Non recurring items (101) (299) Special items (20) (108) EBIT 362 19 % on sales 4.6% 0.3% Financial charges (118) (120) EBT 244 (101) % on sales 3.1% (1.3%) Taxes (73) (44) %onEBT 30.0% n.m. Net income 171 (145) Extraordinary items (after tax) (111) (376) Adj.Net income 282 231

a) Includes Draka Group’s results since 1 March 2011 b) Includes Draka Group's results since 1 January 2011 c) Variation calculated on FY 2011 Combined

Company Presentation – March 2013 23 Extraordinary Effects Euro Millions

FY 2011 FY 2012 Reported a)

Antitrust investigation (1) (205) Restructuring (74) (56) Draka transaction costs - (6) Draka integration costs (9) (12) Draka change of control effects - (2) Inventory step-up (PPA) - (14) Other (17) (4) EBITDA adjustments (101) (299) Specialitems (20) (108) Gain/(loss) on metal derivatives 14 (62) Assets impairment (24) (38) Other (10) (8) EBIT adjustments (121) (407) Gain/(Loss) on other derivatives (1) 18 7 Gain/(Loss) exchange rate (29) (21) Other one-off financial Income/exp. (5) - EBT adjustments (137) (421) Notes Tax 26 45 (1) Includes currency and interest Net Income adjustments (111) (376) derivatives

a) Includes Draka Group’s results since 1 March 2011

Company Presentation – March 2013 24 Financial Charges Euro Millions

FY 2011 FY 2012 Reported a)

Net interest expenses (109) (104)

Bank fees Amortization (10) (11) Gain/(loss)onexchangerates (29) (21) Gain/(loss) on derivatives (1) 18 7 Non recurring effects (5) -

Net financial charges (135) (129)

Share in net income of associates 17 9 Notes

Total financial charges (118) (120) (1) Includes currency and interest derivatives

a) Includes Draka Group’s results since 1 March 2011

Company Presentation – March 2013 25 Statement of financial position (Balance Sheet) Euro Millions

31 December 31 December 2012 2011

Net fixed assets 2,311 2,255 ofwhich:intangibleassets 655 618 of which: property, plants & equipment 1,543 1,544

Net working capital 479 552 of which: derivatives assets/(liabilities) (7) (27) of which: Operative Net working capital 486 579

Provisions & deferred taxes (369) (371)

Net Capital Employed 2,421 2,436

Employee provisions 344 268 Shareholders' equity 1,159 1,104 of which: attributable to minority interest 47 62

Netfinancialposition 918 1,064

Total Financing and Equity 2,421 2,436

Company Presentation – March 2013 26 Cash Flow Euro Millions

FY 2011 FY 2012 Combined a)

Adj.EBITDA 647 586 Non recurring items (101) (303) EBITDA 546 283 Net Change in provisions & others (1) 197 Release of inventory step-up - 14 Cash flow from operations (before WC changes) 545 494 Working Capital changes 75 91 Paid Income Taxes (74) (98) Cash flow from operations 546 487 Acquisitions (86) (501) Net Operative CAPEX (141) (150) Net Financial CAPEX 8 4 Free Cash Flow (unlevered) 327 (160) Financial charges (129) (132) Free Cash Flow (levered) 198 (292) Free Cash Flow (levered) excl. acquisitions 284 209 Dividends (45) (37) Other Equity movements 1 1 Net Cash Flow 154 (328) NFP beginning of the period (1,064) (732) Net cash flow 154 (328) Other variations (8) (4) NFP end of the period (918) (1,064)

a) Includes Draka Group's results since 1 January 2011

Company Presentation – March 2013 27 Dividends Strong dividend increase supported by high cash generation

Proposed DPS doubled vs. 2011

• Dividend Per Share € 0.420 Total Shares (1)

• Total payout: € 89 millions 214,508,781 • Ex-dividend date: 22April2013

• Paymentdate: 25April2013

• Dividend Yield: 2.7% (3)

Shares with DPS evolution dividend right (2) Euro per share 211,480,281

0.417 0.417 0.417 0.420

0.210 0.166

Dividend Per Share

€ 0.420 2007 2008 2009 2010 2011 2012

(1) Outstanding as of February 27, 2013 (2) Shares with dividend right: Total shares outstanding (214,508,781) – Treasury shares owned by the Company (3,028,500) (3) Based on last 30 trading days average share closing price (€ 15.675) at February 22, 2013

Company Presentation – March 2013 28 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix – Prysmian at a Glance

Company Presentation – March 2013 29 Key Milestones

1998 2001 2005 2008 2011

Growth by Restructuring Growth by Profitable growth Managing the downturn acquisition process acquisition

Public Largest Cable July 28th 2005: Listing Strategic Company Maker Closure of 11 Goldman Sachs Acquisitions May 3rd 2007: investments March 2010: plants acquisition February (Siemens, Company listed preparing Prysmian Disposal of and birth 2011: NKF, on the for the became non core of Prysmian Draka MM, BICC) Stock economic a full activities Group acquisition Exchange recovery Public (IPO) Company

9 Energy 25% Telecom 8 7.8 Adj.EBIT % 7.6 20% 7

6 15% n b

€ 5.1 5.1 5 5.0 - 4.7 s 4.6 9.0% 4.6 10% e l

a 4 3.9 9.2% 3.7 9.1% 9.3% S 3.7 3.5 3.4 6.8% 3 6.3% 3.1 6.6% 6.2% 5% 2.8 5.6% 4.7% 4.6% 3.8% 2 3.2% 1.4% 0% 1 -0.8%

0 -5% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: 1998-2003 Group Annual Reports, data reported under Italian GAAP; 2004-2012 Prysmian accounts, data reported under IFRS. Draka consolidated since 1 March 2011

Company Presentation – March 2013 30 The World’s Leading Cables & Systems Company N°1 in cable solutions for the energy and telecommunication business

7.8

6.3

5.5 s e l a

S 4.5

2

1 3.9 3.8 0 2

, 3.1 3.0 n 2.8 b €

1.1

Prysmian Nexans LS Cable & Furukawa Leoni Southwire Fujikura Hitachi Cable NKT Cables Group System

Source: Companies' public documents. Note: Nexans excluding Other segment (mainly Electrical Wire); LS Cable & System FY2011; General Cable excluding Rod Mill Products; Furukawa considering only Telecommunications and Energy & Industrial Products segments, LTM figures as of 31-Dec-2012; Southwire FY2011; Furjikura considering only Telecom and Metal Cable & Systems segments, LTM figures as of 31-Dec-2012; Hitachi Cable considering Sales to Customers only for Industrial Infrastructure Products, Electronic & Automotive Products and Information Systems Devices & Materials segments, LTM figures as of 31-Dec- 2012. All figures are expressed in € based on the average exchange rate of the reference period

Company Presentation – March 2013 31 Prysmian Group business portfolio Focus on high value added segments

PROFITABILITY

Extended SURF business (Flexible Pipes + perimeter Umbilicals)

Network Components Submarine Look for High Profitable Optical Cables & Fibre Extra HV Growth High Voltage • Focus on products and service Industrial Medium Power Distribution ~ 75% of • Limited FY’12 combined • Focus on product Adj.EBITDA diversification solutions within regions Trade & • Diversification Installers and innovation • Regional Copper Low ~ 25% of competition Telecom • Competition on a Cables FY’12 combined global basis Adj.EBITDA • Take selective M&A Manage for opportunities Cash Low Medium High

LONG TERM GROWTH

Company Presentation – March 2013 32 Sales evolution by geographical area Improving geographical diversification with a limited exposure to weaker southern European countries

€ million Italy & Spain accounting for approx. 7% of Group 7,973 7,848 Adj.EBITDA

6,990 15% 15% EMEA Sales breakdown

14% 9% 9% FY 2012 – Total = 62%

8% 12% Power Link Italy 14% Transmission 11% 8% 5% Spain Other 4% 4%

8% Eastern 64% 67% 62% Europe 10%

9% Germany 6% France Nordics 8%

UK

FY 2010 FY 2011 FY 2012 Nordics: Norway, Sweden, Finland, Denmark, Estonia Eastern Europe: Austria, Czech Rep, Slovakia, Hungary, Romania, Turkey, Russia Power Link includes part of transmission project business

Note: FY2010 and FY2011 Sales Combined Prysmian + Draka

Company Presentation – March 2013 33 CAPEX evolution Investments focused on high value added businesses

Capacity Increase & Product mix (€m) 2012 Capex by destination

Maintenance, Efficiency, IT and R&D Maintenance, Efficiency, IT and R&D Capacity Increase & Product mix Capacity Increase & Product Mix

159 152

116 IT and R&D 107 102 85 89 12% Utilities 28% Efficiency 90 88 16% 57 63 54 37 49 € 152 mln

2006 2007 2008 2009 2010 2011 2012 6% 14% Industrial Maintenance 7% Utilities 35% 73% 72% 43% 22% 60% 49% 16% SURF Industrial 3% 14% 9% 6% 2% 7% 10% Telecom Surf 57% - 4% 43% 65% 21% 12% T&I T&I - 10% 2% - - 1% 1% (1%) Telecom 5% 3% 13% 8% 11% 11% 28%

Total (1) 100% 100% 100% 100% 100% 100% 100%

(1) % of Capacity Increase & Product mix Note: Draka consolidated since 1 March 2011

Company Presentation – March 2013 34 Metal Price Impact on Profitability

Supply Main Metal Influence on Cable Price Metal Fluctuation Management Contract Application

Impact Impact

• Projects (Energy • Technology and design • Pricing locked-in at order intake transmission) content are the main • Profitability protection through Predetermined • Cables for elements of the “solution” systematic hedging (long order- delivery date industrial offered to-delivery cycle) applications (eg. • Pricing little affected by OGP) metals

• Price adjusted through • Cables for energy • Pricing defined as hollow, formulas linked to metal publicly Frame utilities (e.g. thus mechanical price available quotation (average last contracts power distribution adjustment through month, …) cables) formulas linked to metal • Profitability protection through publicly available quotation systematic hedging (short order-to-delivery cycle)

• Pricing managed through price lists, thus leading to some delay • Cables for • Standard products, high • Competitive pressure may Spot orders construction and copper content, limited impact on delay of price civil engineering value added adjustment • Hedging based on forecasted volumes rather than orders

High Low • Metal price fluctuations are normally passed through to customers under supply contracts • Hedging strategy is performed in order to systematically minimize profitability risks

Company Presentation – March 2013 35 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix – Energy

Company Presentation – March 2013 36 Clusters of Cable Manufacturers in the Industry Competitive scenario – Energy Cables

Company Presentation – March 2013 37 Full package of solutions for Energy Business

Utilities Trade & Installers Industrial

• Power Transmission • LV cables for construction • Specialties & OEM (rolling stock, nuclear, defence, crane, – Underground EHV, HV-DC/AC – Fire performing mining, marine, electro medical, – Submarine (turn-key) EHV- – Environmental friendly railway, other infrastructure) DC/AC (extruded, mass – Low smoke-zero halogen • Automotive impregnated and SCFF) and (LSOH) MV • OGP & SURF – Application specific • Power Distribution • Renewables products – LV, MV (P-Laser) • Elevator • Network components • Other industrial (aviation, branchment, other) – joints, connectors and terminations from LV to EHV

Company Presentation – March 2013 38 Utilities – Power Transmission

Business description Key customers

High/extra high voltage power transmission Customer base drawn from all major national solutions for the utilities sector distribution networks

• Underground High Voltage Cabling solutions for power plant sites and primary distribution networks

• Submarine High Voltage Turnkey cabling solutions for submarine power transmission systems at depths of up to 2,000 meters

• Network components Joints, connectors and terminations for low to extreme high voltage cables suitable for industrial, building or infrastructure applications and for power transmission and distribution

Company Presentation – March 2013 39 Utilities – Positive transmission outlook in 2013 Record Order-intake in submarine and good coverage for HV sales

Utilities – FY2012 Results Transmission – Sales & Orders Backlog € million € million

2,287 270 ~ 1,900 7% 11%

22% 43%

67% ~ 600 ~ 550 ~ 550 50%

Sales Adj. EBITDA Sales FY Orders Sales FY Orders 2012 Backlog 2012 Backlog Network Components Dec'12 Dec'12 Distribution Submarine High Voltage Transmission

Company Presentation – March 2013 40 Utilities – Off-shore wind development in Europe still at early stage High visibility on new projects to be awarded next quarters

Europe Offshore Wind capacity (GW) Europe 2012 Cumulated Capacity by Country

Cumulated Offshore Wind capacity (L axis) Others 0.2 GW Annual Additional capacity (R axis) Netherlands 0.3 GW

2820 1.4 Germany 0.3 GW s

d UK 4 2618 n 5.0 GW .

1.2 a 2.9 GW

8 Belgium 0.4 GW s 2416 1 u

1 o 14 h T 12 0.8 Denmark 0.9 GW 10 0.6 8 4.5 6 0.4 Consented Offshore Capacity by Country 4 0.2 2 5.0 Others* 3.0 3.8 1.5 2.1 18% 0 0 Sweden Germany 5% 38% Estonia 18.4 GW 5%

• Capacity Increase: 1.2 GW in 2012 Ireland • Total capacity: 5.0 GW at end 2012 (+30% vs. 2011) 9%

• Under construction: 4.5 GW at end 2012 UK Netherlands 10% • Consented: 18.4 GW 15% * Include Finland, Belgium, Greece, Italy, Latvia, France Source: EWEA (January 2013)

Company Presentation – March 2013 41 Utilities – Transmission Changing Energy generation mix implies a re-engineering of transmission grids

Main primary drivers for grid development in Europe toward 2020 Evolution of the generation mix Scenario EU2020

2012 a)

320 458 963 GW

53 126

2020 a)

456 536 1,214 GW

132 82

Renewable Energy Sources Hydro (non RES) Nuclear Fossil fuels  250GW total capacity increase in 2012-20  Over 200GW come from wind and solar development

a) Total 2012-2020 include Other sources for Source: ENTSO-E TYNDP 2012 (July 2012). RES stands for Renewable Energy Sources respectively 6 and 8GW. Source: ENTSO-E

Company Presentation – March 2013 42 Utilities – Transmission First round of investments to increase wind off-shore and interconnections to main consumption centers

Main subsea and underground projects of pan-European significance List of main projects

Main power flow trends 1. Italy – Montenegro Main subsea & underground projects in design & permitting 2. Italy – France Main planned subsea & underground projects 3. Germany (Dolwin III, Borwin III & IV, Sylwin 7 II) 10 8 4. Germany (Baltic Sea East 16 15 & West) 4 5. Cobra (NL-DK) 3 6. France – UK (Eurotunnel) 5 7. UK Caithness 8. Western Isles Link 14 6 9. Schwanden-Limmern (CH) 13 10. Västervik – Gotland 9 11. Tunisia – Italy 12. Marseille – Languedoc 2 12 13. Calan – Plaine-Haute 1 14. Belgium – Germany 15. Norway – Germany 16. Norway – UK

11 Source: ENTSO-E TYNDP 2012 (July 2012)

Company Presentation – March 2013 43 Utilities – Submarine Systems

Key success factors Latest Key projects Customers Period €m (1)

DolWin3 TenneT 2014-16 350 • Track record and reliability • Ability to design/execute turnkey Normandie 3 Jersey Electricity plc 2013-14 45 solution Mon.Ita Terna 2013-16 400 • Quality of network services Dardanelles TEIAS 2012-14 67 • Product innovation • State-of-the-art cable laying ship Phu Quoc EVNSPC 2012-14 67 Western Link NGET/SPT Upgrades 2012-15 800 HelWin2 TenneT 2012-15 200

Hudson Project Hudson Transm. Partners LLC 2012-13 $175m Action plan SylWin1 TenneT 2012-14 280

Increased installation capacity thanks to HelWin1 TenneT 2011-13 150 GME acquisition. BorWin2 TenneT 2010-13 250 Capacity expansion completed in Messina Terna 2010-13 300 Pikkala. Ongoing capacity increase in Arco Felice and Drammen to Kahramaa Qatar General Elect. 2009-10 140 support growth next years through: Greater Gabbard Fluor Ltd 2009-10 93 Cometa RED Electrica de España 2008-11 119 • Leverage on strong off-shore wind- farms trend Trans Bay Trans Bay Cable LLC 2008-10 $125m • Secure orders to protect long-term Sa.Pe.I Terna 2006-10 418 growth • Focus on flawless execution Neptune Neptune RTS 2005-07 159 GCC Saudi - Bahrain Gulf Coop. Council Inter. Aut. 2006-10 132

Angel development Woodside Rathlin Island N.Ireland Electricity

Ras Gas WH10-11 J. Ray Mc Dermott

(1) Prysmian portion of the project

Company Presentation – March 2013 44 Utilities – Western Link a milestone in the submarine sector Confirmed leadership in terms of know-how and innovation capabilities

Western Link route Large Off-shore Wind investments planned in Scotland

Western Link milestones

• The highest value cable project ever awarded, worth €800 mln • The highest voltage level (600kV) ever reached by an insulated cable • Currently unmatched transmission capacity for long-haul systems of 2,200MW • Over 400km of HVDC cable, bi-directional allowing electricity to flow north or south according to future supply and demand • First time HVDC technology has been used as an integral part of the GB Transmission System • Commissioning scheduled by late 2015

Source: www.offshorewindscotland.org, www.westernhvdclink.co.uk

Company Presentation – March 2013 45 Utilities – Power Distribution

Market drivers Key customers

Key customers are all major national distribution network operators • Long term growth in electricity consumption

• Mandated improvements in service quality

• Investment incentives to utilities

• Urbanization

Key success factors Action plan

• Time to market • Improve service level and time to market

• Quality of service • Reduce product cost • Cable design optimization • Technical support • Alternative materials / compounds introduction • Cost leadership • Process technologies improvement

• Customer relationship • Innovate • New insulation materials • P-LASER launch in Europe

Company Presentation – March 2013 46 Trade & Installers

Business description Key customers

• Key customers include major: • Low voltage cables for residential and non • Specialized distributors residential construction

• Channel differentiation with both: • Direct sales to end customers (Installers) • General distributors • Indirect sales through • Specialized distributors • General distributors • Wholesalers • Do-it-yourself/modern distribution

• Wide range of products including • Wholesalers • Value added fire retardant • Environmental friendly • Specialized products • Installers

Company Presentation – March 2013 47 Trade & Installers

Key success factors Product overview

• Product range • On-time delivery / Product availability • Inventory/WC management

• Cost leadership + • Channel management Fire Performance/ t Accessories • Customers’ relationship n e t n

o Specials c

High-End y g o l Low Smoke o

n Zero Halogen

Action plan h c e

T Medium • Continuously redefine product portfolio Voltage Middle- • Focus on high-end products (e.g. Fire Range Performance) Building Wires flex • Exploit channel/market specificity Low • Focus on wholesalers and installers Voltage • Protect positioning in high margin Low-End countries Building • Grow global accounts Wires rigid - • Continuously improve service level

• Benefit from changes in regulatory regime

Company Presentation – March 2013 48 Industrial

Business description Key customers

Integrated cable solutions highly customized to our Large and differentiated customer base industrial customers worldwide generally served through direct sales

Oil & Gas Addressing the cable needs of research and refining, exploration and production. Products range from low & medium voltage power and control cables to dynamic multi-purpose umbilicals for transporting energy, telecommunications, fluids and chemical products Renewable Advanced cabling solutions for wind and solar energy generation contribute to our clients increased efficiency, reliability and safely

Surf (Subsea umbilical, riser and flowline) SURF provides the flexible pipes and umbilicals required by the petro-chemicals industry for the transfer of fluids from the seabed to the surface and vice versa

Elevator Meeting the global demand for high-performing, durable and safe elevator cable and components we design manufacture and distribute packaged solutions for the elevator industry

Auto & Transport Products for trains, automobiles, ships and planes including the Royal Caribbean’s Genesis fleet (world’s biggest ship) & Alstom designed TGV (world’s fastest train)

Specialties & OEM Products for mining, crane and other niches

Company Presentation – March 2013 49 Industrial – Off-shore oil exploration Oilfield structure

Flexible Pipes

Fixed Floating Platform Floating Platform (SEMI-SUBMERSIBLE) Platform (FPSO)

Umbilical Injection control

Umbilical (Power)

Flexible Pipes Umbilical For control

Christmas Manifold Tree

Petrol Well

Company Presentation – March 2013 50 Industrial – Off-shore oil exploration Cross selling opportunities driven by the new Downhole technology business contributed by Draka

Downhole Technology (DHT)

HYBRID ELECTRO-OPTIC

FIBER OPTIC

ELECTRICAL

GAS & FLUID TUBING

PACKAGED GAS & FLUID TUBING

Company Presentation – March 2013 51 Macro-structure of Energy Cables

Product macro structure Production process

Conductor Final production Insulation Screening up Armouring SheathingLay quality Outer jacket (drawing, inspection (Polyolefine, PVC, Insulation (XLPE, EPDM) stranding) …) WB yarns

Conductor (Cu, Al) Building Wire (T&I)

Low Voltage (T&I+PD)

Medium Internal Voltage Semiconductive High voltage Cu tape (PD+HV) External Semiconductive Industrial Cables (Industrial)

Company Presentation – March 2013 52 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix – Telecom

Company Presentation – March 2013 53 Major Players within the Telecom Industry Competitive scenario l a b o l G e c n l e a s t n e r e n P i

t t n e o k C r a M

l YOFC a c o L

Niche Focused Wide

Product Portfolio Range

Company Presentation – March 2013 54 Our Telecom Business

Business description Key customers

Integrated cable solutions focused on high -end Telecom Key customers include key operators in the telecom sector Telecom solutions Optical cables: tailored for all today’s challenging environments from underground ducts to overhead lines, rail tunnels and sewerage pipes Copper cables: broad portfolio for underground and overhead solutions, residential and commercial buildings Connectivity: FTTH systems based upon existing technologies and specially developed proprietary optical fibres

MMS Multimedia specials: solutions for radio, TV and film, harsh industrial environments, radio frequency, central office switching and datacom Mobile networks: Antenna line products for mobile operators Railway infrastructure: Buried distribution & railfoot cables for long distance telecommunication and advanced signalling cables for such applications as light signalling and track switching

Optical Fiber Optical fiber products: single-mode optical fiber, multimode optical fibers and specialty fibers (DrakaElite) Manufacturing: our proprietary manufacturing process for Plasma-activated Chemical Vapor Deposition and Licensed OVD Technology (600 unique inventions corresponding to > 1.4K patents) positions us at the forefront of today’s technology

Company Presentation – March 2013 55 Optical cables Global overview

Market trends Key success factors

• Demand function of level of capital expenditures • Continuous innovation and development of new budgeted by large telecom companies cable & fibre products (PTT/incumbents as well as alternative • Cable design innovation with special focus on operators) for network infrastructures, mainly installation cost reduction as a consequence of: • Relentless activity to maintain the highest quality • Growing number of internet users and service level • Diffusion of broadband services / other high- • Focus on costs to remain competitive in a highly tech services (i.e. IPTV) price sensitive environment

Strategic value of fibre Action plan

• Fibre optic represents the major single • Maintain & reinforce position with key component cost of optical cables established clients • Fibre optic production has high entry barriers: • Further penetration of large incumbents in • Proprietary technology or licenses difficult emerging regions to obtain • Optimize utilization of low cost manufacturing • Long time to develop know-how units • Capital intensity • Expand distribution model in Domestic & Export • When fibre optic is short, vertically integrated • Streamline the inter-company process cable manufacturers leverage on a strong • Fully integrated products sales competitive advantage • Refocus on export activities • Increase level and effectiveness of agents

Company Presentation – March 2013 56 Telecom Cables Main Applications

BACKBONE METROPOLITAN RING ACCESS NETWORK

Company Presentation – March 2013 57 Consolidated leadership in Australia to benefit from new NBN project Start-up of National broadband network in 2011

Rollout plan for National Broadband Network

• Government initiative to provide direct fibre connection to 93% of Australian subscribers (residential and business) • AUD 43 bn capex planned during the period (2011-2019); construction started in 2011 • Telstra and NBN agreed to jointly develop the new network • Prysmian signed a 5-year agreement with NBN as major supplier of optical cables for the network (AUD 300m) • Prysmian signed new 4-year frame agreement with Telstra to supply optical and copper cables • Large part of existing and new Telstra cable infrastructure being used within the NBN network • Prysmian doubling optical cable capacity in Priority locations Australian Dee Why site

First release sites

Second release sites

Cities/Towns

Company Presentation – March 2013 58 Telecom – FTTA as key driver of optical demand 4G and Long Term Evolution (LTE) deployments require Fiber-to-the-Antenna (FTTA)

Number of Global LTE Subscribers Forecast Millions of users Roof top antenna towers for urban applications

Antenna towers used by 4G and LTE networks Source: IHS iSuppli Research, January 2013

Distributed antenna systems for dense mobile populations areas

Company Presentation – March 2013 59 Macro-structure of Telecom Cables

Product macro structure Production process

Fibre Primary Coating (250 Micron) optic Cladding (125 Micron) Final quality Core (10 Micron) Pre form deposition Consolidation Drawing inspection Main Technologies: OVD - VAD - MCVD

Aramid Yarns Loose tubes Optical Optical fibres cables Armouring Final Colouring Buffering Lay up (yarn or Sheathing quality metal) Central inspection Fillers strength (Tracking resistant) Sheath member Sheathing Compound Ripcords

Screen/Armour Copper Stranded pairs core

cables Final Conductor Insulation Twinning up Armouring SheathingLay quality production inspection

Outer sheath Insulated Conductors

Company Presentation – March 2013 60 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix – Financials

Company Presentation – March 2013 61 Bridge Consolidated Sales Euro Millions – Full Combined Total Consolidated -1.8% ()141 ()159 177 ()2

7,973 7,850 7,848

FY 2011 Combined Org.Growth Metal Effect Exchange Rate FY 2012 L-f-L Perimeter effect FY 2012

Energy Cables & Systems Division -1.4% ()91 ()154 133 ()48

6,542 6,430 6,382

FY 2011 Combined Org.Growth Metal Effect Exchange Rate FY 2012 L-f-L Perimeter effect FY 2012

Telecom Cables & Systems Division -3.5% ()50() 5 44 46

1,431 1,420 1,466

FY 2011 Combined Org.Growth Metal Effect Exchange Rate FY 2012 L-f-L Perimeter effect FY 2012

Company Presentation – March 2013 62 Energy Segment – Profit and Loss Statement Euro Millions

FY 2011 FY 2011 FY 2012 Reported a) Combined b)

Sales to Third Parties 6,382 6,268 6,542 YoYtotalgrowth (2.4%) c) YoY organic growth (1.4%) c)

Adj. EBITDA 487 447 458 % on sales 7.6% 7.1% 6.9%

Adj. EBIT 379 348 354 % on sales 5.9% 5.5% 5.3%

a) Includes Draka Group’s results since 1 March 2011 b) Includes Draka Group's results since 1 January 2011 c) Variation calculated on FY 2011 Combined

Company Presentation – March 2013 63 Energy Segment – Sales and Profitability by business area Euro Millions, % of Sales Growth – FY combined

FY 2011 Total Organic FY 2012 Comb. growth growth s

e Utilities 2,287 2,318 (1.3%) 1.1% i t r a (3.3%) (2.6%) P Trade&Installers 2,159 2,233

d r i (1.3%) (1.5%)

h Industrial 1,801 1,824 T

o

t n.m. n.m.

Others 135 167 s e l

a Total Energy 6,382 6,542 (2.4%) (1.4%) S

FY’12 % FY’11 % on Sales on Sales

A Utilities 270 264 11.8% 11.4% D

T Trade & Installers 77 73 3.6% 3.3% I

B Industrial 139 116 7.7% 6.4% E

Others 1 5 n.m. n.m. . j

d Total Energy 487 458 7.6% 6.9% A

Utilities 234 238 10.2% 10.3% T

I Trade & Installers 49 35 2.3% 1.6% B

E Industrial 99 79 5.5% 4.3%

.

j Others (3) 2 n.m. n.m. d

A Total Energy 379 354 5.9% 5.3%

Note: FY2011 reclassified to reflect new segment reporting

Company Presentation – March 2013 64 Telecom Segment – Profit and Loss Statement Euro Millions

FY 2011 FY 2011 FY 2012 Reported a) Combined b)

Sales to Third Parties 1,466 1,315 1,431 YoYtotalgrowth 2.4% c) YoY organic growth (3.5%) c)

Adj. EBITDA 160 121 128 % on sales 10.9% 9.1% 8.8%

Adj. EBIT 104 78 81 % on sales 7.1% 5.8% 5.6%

a) Includes Draka Group’s results since 1 March 2011 b) Includes Draka Group's results since 1 January 2011 c) Variation calculated on FY 2011 Combined

Company Presentation – March 2013 65 Financial Structure Euro Millions

Debt structure (€m) 31.12.2012 (€m)

Available 31.12.12 31.12.11 Used Funds (2) Maturity

Term Loan 670 674 670 - 12/2014 Eurobond 413 412 413 - 04/2015 Revolving Credit Facility - - - 396 12/2014 Securitization(5) 75 111 75 75 07/2013 Term Loan 2011 400 400 400 - 03/2016 Revolving 2011 - - - 400 03/2016 Other Debt 290 325 290 - - Total Gross Debt 1,848 1,922 1,848 871 2.2 y (1) Cash & Cash equivalents (812) (727) (812) 812 Other Financial Assets (97) (103) (97) 78 NFP Vs third parties 939 1,092 939 1,761 Bank Fees (21) (28) NFP 918 1,064

(1) Average maturity as of 31 December 2012 (2) Defined as Cash and Unused committed credit lines Note: Compound average spread on used committed credit lines equal to 2.1%

Company Presentation – March 2013 66 Prysmian Historical Key Financials Euro Millions, % of Sales – Pre Draka acquisition

SalesSales Adjusted EBITDA (1) AdjustedAdjusted EBIT EBIT1 (2)

529 542 5,007 5,118 5,144 4,571 464 477 407 403 3,742 3,731 387 334 330 309 * *

*

265 *

% % * %

2 2 % 3 . .

. 171 2 % 4 8 . 9 4 + 3 . + + 7 + 1 -

2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 * Organic Growth 7.1% 8.1% 10.3% 10.5% 10.8% 8.5% 4.6% 6.6% 9.1% 9.3% 9.0% 6.8%

AdjustedAdjusted Net EBIT Income1 (3) Operative NWC (4) Net Financial Position

332 525 299 892 879 716 206 577 175 173 465 451 457 474 459 440

2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 3.5% 5.8% 6.5% 5.5% 3.8% 8.6% 10.6% 9.5% 12.2% 9.2%

(1) Adjusted excluding non-recurring income/expenses; (2) Adjusted excluding non-recurring income/(expenses) and the fair value change in metal derivatives and in other fair value items; (3) Adjusted excluding non-recurring income/(expenses), the fair value change in metal derivatives and in other fair value items, exchange rate differences and the related tax effects; (4) Operative Net Working capital defined as Net Working Capital excluding the effect of derivatives; % of sales is defined as Operative Net Working Capital on annualized last quarter sales. Note: 2005 Adj. Net Income and 2005 Operative NWC figures are not available

Company Presentation – March 2013 67 Historical Key Financials by Business Area – Utilities and T&I Euro Millions, % of Sales – Pre Draka acquisition

Sales Vs Third Parties Adjusted EBITDA (1) Adjusted EBIT (2)

256 2,028 287 237 1,853 1,894 266 1,790 250 208 215 1,598 237 s 1,445 197 e 157 i *

t * i *

143 % l *

i 107

1 % % . t 3 5 2 % . . U 1 9 3 1 . + + 3 + 1 -

2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010

* Organic Growth 9.9% 10.6% 12.5% 14.2% 16.7% 14.0% 7.4% 8.4% 11.0% 12.6% 14.7% 12.0%

Sales Vs Third Parties Adjusted EBITDA (1) Adjusted EBIT (2)

1,802 155 1,645 1,629 137 1,465 119 1,189 113 101 100 1,020 I *

* *

& % 62 % 1 T % * .

0 6 . 7 . 41 38 % 5

6 36 + - 5 26 . + 20 1 2 -

2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010

* Organic Growth 5.2% 7.2% 8.6% 6.9% 4.0% 2.4% 3.2% 6.1% 7.6% 6.1% 2.5% 1.4%

(1) Adjusted excluding non-recurring income/expenses; (2) Adjusted excluding non-recurring income/expenses, the fair value change in metal derivatives and in other fair-value items

Company Presentation – March 2013 68 Historical Key Financials by Business Area – Industrial and Telecom Euro Millions, % of Sales – Pre Draka acquisition

Sales Vs Third Parties Adjusted EBITDA (1) Adjusted EBIT (2)

850 93 80 795 84 742 71

l 629 628

a 62 61 i *

r 489

* 46 t 46 42 % * s

% * 0

39

. 34 1 u . % 5 % d 1 1 25 . + 1 2 . n 1 + 6 - I 1 -

2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010

* Organic Growth 8.0% 7.2% 10.6% 10.9% 9.8% 8.3% 5.1% 5.3% 9.0% 9.4% 7.3% 5.7%

Sales Vs Third Parties Adjusted EBITDA (1) Adjusted EBIT (2)

535 536 45 506 44 48 49 450 424 35 403 39 36

m 29 31 o 25 *

* c

*

* % e

% l 3 % 19 . 2 % . 2 e 6 . 7 5 . T 1 + + 0 + 2 - 1

2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010

* Organic Growth 4.4% 7.2% 8.6% 9.0% 7.6% 7.9% 0.3% 6.6% 7.9% 8.4% 6.1% 6.3%

(1) Adjusted excluding non-recurring income/expenses; (2) Adjusted excluding non-recurring income/expenses, the fair value change in metal derivatives and in other fair-value items

Company Presentation – March 2013 69 AGENDA

 Group Overview & FY 2012 Results

 Draka integration

 Financial Results

 Appendix – Cable Industry Reference Market

Company Presentation – March 2013 70 The Global Cables Reference Market World-Wide Cable Reference Market Size, 2012

2012 Global Cables Reference Market Energy Cables Reference Market (~€93bn)

Latin North Latin America € 117 bn America America North 4% 13% 4% America 16%

EMEA APAC 30% 53%

EMEA APAC 30% 50% Telecom Cables Reference Market (~€24bn )

Latin America North 4% America 26%

Energy Cables Telecom Cables Reference Market Reference Market ~€93bn ~€24bn APAC 40% • Trade and • Optical cables and Installers fiber • Utilities • Copper Cables EMEA • Industrial • MMS 30%

Source: Company analysis based on CRU data - January 2013. Prysmian reference markets are obtained by excluding from the global cable market the segments where the company does not compete (winding wire for energy business). Energy = Low Voltage and Power Cable; TLC = External Copper Tlc Cable, Fibre Optic, Internal Telecom/Data

Company Presentation – March 2013 71 Market Volumes Trend

Energy Cables Reference Market

Million Tons • Long term growth driven by: Conductor 13.3 14.0 • Energy consumption 12.0 12.6 11.2 11.5 10.3 10.7 10.7 9.5 10.0 • Investments in power grid 8.5 9.0 interconnections 7.4 7.8 6.5 6.7 6.9 7.1 CAGR: 5.1% • Investments in power transmission and distribution CAGR: 4.2% • Infrastructure investments '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 12 '13E '14E '15E 16E • Renewable energy

Telecom Cables Reference Market

Optical Fiber Cables Copper Cables Million Km Fibre Million Km Pair 271277283278 253259275268 234 211 215 205 207196 188 172 173 157 CAGR: -5.9% 142 135 116 106 CAGR: 4.4% 101 98 91 95 92 88 85 80 70 74 69 66 55 54 57 45 CAGR: 12.5% CAGR: -7.2%

'98 '00 '02 '04 '06 '08 '10 12 '14E 16E '98 '00 '02 '04 '06 '08 '10 12 '14E 16E

Market growth driven by increased investment in fibre access Steady decline of copper cables expected to continue networks (FTTx) and LTE

Source: Company analysis based on January 2013 CRU data. Energy = Low Voltage and Power Cable; TLC = External Copper Tlc Cable, Fibre Optic, Internal Telecom/Data

Company Presentation – March 2013 72 Telecom – Demand evolution by geographical area

Optical fibre cable (Million km) CAGR (12-16) +4.4%

283 278 271 277

52 234 47 50 54 +6.0% 215 42 35 36 188 37 33 -2.3% 39 173 10 9 9 10 +5.5% 36 36 30 37 142 8 29 8 116 27 33 4 Total 3 92 26 30 178 183 186 182 +5.3% EMEA 18 26 4 148 3 132 N. America 25 113 119 2 76 S.America 62 46 APAC

Source: CRU, January 2013

Company Presentation – March 2013 73 Reference Scenario Commodities & Forex

Brent Copper Aluminium

Brent $/ton Copper $/ton Aluminium $/ton Brent €/ton Copper €/ton Aluminium €/ton 150 12,000 3,500

125 10,000 3,000 2,500 100 8,000 2,000 75 6,000 1,500

50 4,000 1,000

25 2,000 500 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13

EUR / USD EUR/GBP EUR / BRL

1.60 0.95 3.60

0.90 1.50 3.20

0.85 1.40 2.80 0.80

1.30 2.40 0.75

1.20 0.70 2.00 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13

Based on monthly average data Source: Thomson Reuters

Company Presentation – March 2013 74 Disclaimer

• The managers responsible for preparing the company's financial reports, A.Bott and C.Soprano, declare, pursuant to paragraph 2 of Article 154-bis of the Consolidated Financial Act, that the accounting information contained in this presentation corresponds to the results documented in the books, accounting and other records of the company.

• Certain information included in this document is forward looking and is subject to important risks and uncertainties that could cause actual results to differ materially. The Company's businesses include its Energy and Telecom cables and systems sectors, and its outlook is predominantly based on its interpretation of what it considers to be the key economic factors affecting these businesses.

• Any estimates or forward-looking statements contained in this document are referred to the current date and, therefore, any of the assumptions underlying this document or any of the circumstances or data mentioned in this document may change. Prysmian S.p.A. expressly disclaims and does not assume any liability in connection with any inaccuracies in any of these estimates or forward-looking statements or in connection with any use by any third party of such estimates or forward-looking statements. This document does not represent investment advice or a recommendation for the purchase or sale of financial products and/or of any kind of financial services. Finally, this document does not represent an investment solicitation in Italy, pursuant to Section 1, letter (t) of Legislative Decree no. 58 of February 24, 1998, or in any other country or state.

• In addition to the standard financial reporting formats and indicators required under IFRS, this document contains a number of reclassified tables and alternative performance indicators. The purpose is to help users better evaluate the Group's economic and financial performance. However, these tables and indicators should not be treated as a substitute for the standard ones required by IFRS.

Company Presentation – March 2013 75