BoD approves 2016 consolidated resutls and dividend proposal

The Board of Directors approves the 2016 draft financial staement

Proposed dividend of € 0.035 per share

Net sales at € 391.9 million- € 381.6 million in 2015

EBITDA at € 39.5 million (€ 40.5 million adjusted) - € 35.8 million in 2015 (€ 37.5 million adjusted)

EBIT at € 21,9 million (including impairment for € 4.8 million) - € 23.3 million in 2015

Consolidated net income at € 17.7 million - € 9 million in 2015

Net negative financial position at € 80.1 million, of which € 13,5 million of commitments for the purchase of the remaining shares held by minority

Bagnolo in Piano (RE), 16 March 2017 - The Board of Directors of Emak S.p.A. (MTA, STAR), parent company of one of world major groups working in the sectors of outdoor power equipment, pumps and water

jetting, and of the related components and accessories, has approved the consolidated results for 2016.