External Auditors Firm

Ernst & Young S.p.A. is the External Auditors Firm appointed by the 2011 General Meeting, upon the proposal of the Board of Statutory Auditors, for the financial years 2012-2020.

The assignment as responsible for Generali's audit is carried out by Ernst & Young's partner Paolo Ratti.

The External Auditors Firm, which must be registered in a special register held by CONSOB, is in charge of ensuring, during each financial year, that the Company's accounts are properly kept and transactions correctly recorded in the corporate books. It shall inform immediately the Board of Statutory Auditors and CONSOB of any facts they consider reprehensible, ensure that the annual and consolidated financial statements match the entries in the books of account as well as the audit results and comply with the applicable legislation.

At the end of each financial year the External Auditors Firm express an opinion about the financial statements, which is formalised in a specific report. That document is annexed to the financial statements and deposited at the Company's head office for the 21 days preceding the General Meeting called to approve them, and until the financial statements are approved.

Referring to the Consob's resolution No. 15915 dated 3 May 2007, we report the remuneration delivered year by year to Ernst & Young S.p.A. for its services.