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40 ENAV – 2014 Financial Statements

                                                   management, security, human resources, financial strength, liability and
                                                   risk assessment, quality of services, and communication requirements) as
                                                   well as regarding specific requisites for the various services provided (ATS,
                                                   MET, AIS and CNS).

                                                   In early 2014, ENAV also received the second renewal of ENAC certification
                                                   to operate as a training organization under Regulation (EC) no. 805/2011,
                                                   which specifies rules regarding licenses and some certificates of air traffic
                                                   controllers and the extension of same to the training of FISO Operators
                                                   according to ENAC Regulations and of weather service personnel.

                                                   With regard to certifications of ENAV Group corporate management
                                                   systems, on 19 December 2014 DNV GL - Business Assurance, the
                                                   international management certification body, successfully concluded its
                                                   second audit regarding maintenance of its certifications, confirming the
                                                   validity of the certifications of conformity under UNI EN ISO 9001:2008
                                                   as well as the update of the certificate of conformity under UNI EN ISO/
                                                   IEC 27001:2014.

                                                   In early 2014, ACCREDIA, the Italian accreditation body, successfully
                                                   concluded its second audit for certification of the Techno Sky calibration
                                                   laboratory.

                                                   With regard to the radio-electric measurement aircraft fleet, ENAV
                                                   underwent specific audits to check maintenance of the Certificate of
                                                   Approval for the company that manages continuous navigation, of
                                                   the Certificate of Approval for maintenance companies, and of the Air
                                                   Operator’s Certificate for direct flights for surveys and observations, the
                                                   latter preparatory for maintenance of the Air Operating License regarding
                                                   flights for surveys and observations.
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