The Company, our Values and Consulting Approach Page 3

Partners Page 6

Areas of Activity Page 9

Our Services Page 10

Main Clients Page 13

Contacts Page 14

Agenda

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The Company, our Values and Consulting Approach

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The Company, our Values and Consulting Approach

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• Capizzi & Partners is an advisor specialized in Corporate finance activities, including corporate

finance transactions (M&A), corporate restructuring (debt restructuring and operating

turnaround) and advisory on corporate finance, with a particular focus on business planning and

company valuation. Appraisals, impairment tests, fairness opinions, in both judicial and extra-

judicial procedures, and drafting of statement reports of recovery plans are also part of offered

services.

• The different backgrounds acquired by the partners and professionals involved in the Company

allow us to support clients transversely through:

o Corporate finance qualified advisory;

o Width of offered services (M&A, fundraising, impairment, corporate restructuring, fairness opinion,

drafting of business plan, company valuation, statement of recovery plan, etc.);

o Relationship management with key operators such as banks, legal advisors, institutional funds

and investors;

o High entrepreneurial skills.

The Company, our Values and Consulting Approach

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• Our customer base is represented by industrial and service companies, families of

entrepreneurs and institutional investors, such as banks, family officer and private equity funds,

with particular focus on Italian SMEs (small and medium enterprises), which operate at national and

international levels.

• The strengths of Capizzi & Partners lie in the different backgrounds of the partners and of the team

that determines a strict and meticulous working approach aimed at meeting the needs and

expectations of the clients, supporting them in the consolidation / development processes and / or

in the company reorganization.

• The key principles that guide Capizzi & Partners in the execution of the tasks are

independence, professionalism and confidentiality.

• The quality of the Company’s services is granted by the professionalism of the people

involved in each project and by a constant process of coordination and review of every single

project, focused on delivery deadlines compliance and the highest quality of the outputs, in line with

the best international standards.

• Capizzi & Partners, a Company with operations throughout Italy thanks to the offices in Milan and

Rome, boasts a team of partners with strong experience in academic, financial and industrial fields,

in addition to a team of analysts and managers motivated by a strong teamwork attitude and a

shared heritage of values.

Partners

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Partners

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Prof. Vincenzo Capizzi

Managing Partner

Full Professor of Banking and Finance for the University of Piemonte Orientale, Novara, Italy. Adjunct Professor

for the Bocconi University and Senior Professor and Former Director of Executive Masters division in Corporate

Finance & Banking for the SDA Bocconi School of Management, Milan, Italy. Management Consultant and

Financial Advisor for Small and Medium-sized Listed/Non Listed Enterprises, Banks and Investment Funds,

with specialization in Company Valuation, Business Planning, Restructuring and Support for Corporate Finance

and Investment Banking Transactions. Author of numerous publications and articles in various national and

international journals regarding Investment Banking, Corporate Finance, Private Equity, Venture Capital and

Corporate Transactions issues. His last book, edited and published by Egea, is titled ‘Corporate Crisis and Debt

Restructuring’.

Prof. Stefano Bonini

Business Partner

Professor of Financial Management for Stevens Institute of Technology, Hoboken, New Jersey, USA. Senior

Professor of Corporate Finance for Administration, Control, Corporate Finance and Real Estate Area of SDA

Bocconi School of Management Masters division, Milan, Italy. Author of a number of publications on Corporate

Finance, Capital Markets, Private Equity and Venture Capital, currently works on behalf of businesses and

financial companies in the field of M&A, Corporate Restructuring, Business Planning.

Prof. Renato Giovannini

Business Partner

Professor of Management of Financial Institutions and Banking for the Department of Economics and Business

Administration of the University Guglielmo Marconi, Rome, Italy. Senior Professor for Banking and Insurance

Area of SDA Bocconi School of Management, Milan, Italy, known for having been in charge of a series of

Executive Masters. Author of various national and international publications on Corporate Finance, Corporate

Governance, Private Equity and Venture Capital, as well as on Leveraged Buyouts, Investment Banking and

Corporate Restructuring, currently works on behalf of banks and industrial groups of primary national and

international standing, with particular reference to the operations of Corporate Finance, Private Equity, M&A

and Corporate Restructuring.

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Areas of Activity

Capizzi & Partners acts as a highly professional and specialized consultant, in order to support the

specific needs of its clients. The approach consists of a thorough analysis of the company and its

industry, and offers integrated solutions that create value and increase the company’s standing on

financial markets.

The main services offered are focused, among others, on the areas of activities mentioned below:

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Company valuation (Appraisals and Impairment test)

Fundraising (Debt & Equity)

Management consulting and business planning

Due diligence

Corporate Financial Risk Management

Project finance

Real Estate

Corporate Restructuring

Debt Restructuring

Mergers & Acquisitions

Our Services

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Our Services

Corporate finance advisory

• Valuation of companies, individual assets and investment opportunities;

• Reports and appraisals for fair value of assets and impairment test processes, validation

of bankruptcy proceedings, fairness and comfort opinion;

• Development and consolidation industrial plans;

• Corporate financial risk management.

Corporate finance operations

• M&A and, in general, operations on share capital;

• Relationship management with financial intermediaries (Banks and Institutional funds) and

fundraising;

• Coordination of all professionals involved in the transaction (legal, tax, accounting firms, etc.);

• Financial structure optimization;

• Drafting of financial due diligence reports, buy and vendor side.

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Our Services

Corporate and financial restructuring

• Financial advisor in corporate turnaround and recovery processes;

• Industrial recovery plans within “work out” processes and recovery procedures, also as of

bankruptcy law (with focus on art. 67 L.F. – piano attestato -, 160 L.F. – concordato preventivo - and

182 bis L.F. – accordo di ristrutturazione dei debiti);

• Statement of recovery plans as of bankruptcy law;

• Loan agent mandates within recovery procedures;

• Strategic advice for the revival of business / corporate business (operating turnaround);

• Reorganization of ownership and governance structure;

• Asset side company restructuring;

• Assistance in generational change of family companies.

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Main Clients

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Contacts

E.S.C. S.r.l.

Via Comacchio 3, 20135 Milano

Tel. +39 02 54 10 3028

Fax +39 02 54 11 84 25

Via XX Settembre 98/G, 00187 Roma

Tel. +39 06 48 90 57 07

Fax +39 06 48 91 20 28

info @ capizzipartners.com – www.capizzipartners.com

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