SERGIO FAVA APPOINTED SPIRITS DIVISION DIRECTOR AT MONTENEGRO GROUP

PRESS RELEASE

Bologna, 12 September 2016 – Montenegro Group has announced the appointment of Sergio Fava as Spirits Division Director.

Sergio Fava has gained extensive experience with companies in the Spirits sector (including Diageo and Bacardi/Martini) and the fast-moving goods sector (Parmalat, Grand Metropolitan), holding diverse positions of increasingly greater responsibility in areas of Marketing, Sales and General Management with direct responsibility for complex commercial organisations and several of the market’s leading brands.

“I am delighted that Sergio has agreed to head up our Spirits Division”, stated Marco Ferrari, CEO of the Group. “The appointment of someone of his calibre is a clear signal of our Group’s ambitions. We are navigating an important period of growth characterised by great complexity and I am confident that his experience and qualities of leadership will make a major contribution to the Group’s future success and to the development of our spirits portfolio”.

GRUPPO MONTENEGRO

Founded in 1885, Montenegro Group is a leading Italian spirits and food manufacturer. The Group’s brands have developed into icons of the “Made in Italy” label with strong brand equity and cultural significance: Amaro Montenegro, Vecchia Romagna, Bonomelli Infusions, Infrè Decaf Tea, Cuore Corn Oil, Cannamela Spices, Polenta Valsugana, Catarì Instant Pizza. Icons of the Made in Italy label, our brands are the result of the constant pursuit of excellence, respect for tradition and attention to product quality and sustainability, all values that have defined Montenegro Group since its foundation.

Thanks to a robust national and international distribution network, today the Group’s brands continue to be true ambassadors of Italian culture and tradition.

Info for the press

Hill+Knowlton Strategies Milan

Anna Lisa Margheriti | annalisa.margheriti@hkstrategies.com

Ph.: +39 02 31914 265

M : +39 348 2300285

Montenegro SRL

Sede: Via Enrico Fermi, 4, 40069 Zola Predosa (BO) Italy

Ph. +39 051 6170411 – Telefax +39 051 750571