Marco Rondelli leaves Datalogic Group - Sergio Borgheresi appointed new Group CFO

Bologna, 1st December 2014 – Datalogic S.p.A. (a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A.) advises that Marco Rondelli - current Group CFO and Investor Relator - has decided to leave Datalogic so as to pursue other professional opportunities.

The Company thanks Mr. Rondelli for the contribution provided to the Group’s development.

The Company has appointed Sergio Borgheresi as new Group CFO and Investor Relator, starting from January 1st, 2015. Mr. Borgheresi has over 20 years’ experience in the finance area, including the last 17 years in General Electric Group where he held many international roles.  Mr. Borgheresi leaves his current role of CFO Europe of GE Power Generation. Mr. Borgheresi’s curriculum vitae is available on the web site of the Company www.datalogic.com.

It should be noted that the Company and Mr. Rondelli have reached an agreement for which, inter alia, Mr. Rondelli will hold his role of Group CFO and Investor Relator until December 31st, 2014 and his role of manager in charge of corporate accounting documentation (“Dirigente preposto alla redazione dei documenti contabili societari”) until the approval, by the Board of Directors of the Company, of the Annual Financial Report as of December 31st, 2014.

Since the agreement reached between Mr. Rondelli (as a key manager of the Datalogic Group) and the Company is a related party transaction of lesser importance, the Company’s Related Party Transactions Committee (which comprises exclusively independent directors who are not related parties) has been informed by the Chief Executive Officer of the relevant details of the agreement. The Committee, having examined in depth the structure and conditions of the transaction, has expressed a preliminary favourable opinion as to the completion of the transaction, recognizing that the transaction is in the interests of  Datalogic in terms of both convenience and substantial correctness.

Lastly, it should be noted that, in relation to this matter, the Company does not rely on any exemption from the application of procedures for the approval of Related party transactions and that no further documentation (“documento informativo”) is intended to be published by the Company.