POWER-GEN Middle East/WaterWorld Middle East 2015

The FTM revival

Legnano, 09/06/2015

Dear Sirs,

We are pleased to inform you that effective June 8th, 2015 Franco Tosi Meccanica has become part of a wider industrial group since the acquisition by a prominent Italian industrial group.

Strong of our technical heritage, built in more than 100 years of operations in more than 40 countries worldwide, June 9th 2015 set the date of a Franco Tosi Meccanica new course in which we desire to pour our expertise, passion for our job and care for our Stakeholders, being them our Clients, our Partners and all the People interested to our job.

The last years were the theatre of widespread changes all over the world which posed difficulties to many companies, but creating the opportunity to catch new challenges forcing companies into adaptation, with new flexible approaches and renewed will to win on the market.

Keeping that in our mind, It is with a strong repowered enthusiasm that we are determined to reclaim our market positioning starting from a continuous organizational update and a stronger will to stay close to our Valued Clients rebounding our business relations and improving once more our capabilities and experience in the construction of both Steam and Hydraulic Turbines.

In the pursue of the next challenges, we thank you all for the cooperation among us.

Yours faithfully,