FINCANTIERI: VARD FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS

Trieste, February 28, 2018 – FINCANTIERI S.p.A. (“Fincantieri”)announces that Vard Holdings Limited (“VARD”) issued its unaudited fourth quarter and full year 2017 financial results.

As of today, VARD is 80.22% controlled by Fincantieri, which fully consolidates its financial results.

The press release and the document “Fourth quarter and Full year 2017 Financial Statements” released by VARD on the website www.vard.com are here attached.