The Shareholders’ Meeting held on April 29, 2010 has appointed PricewaterhouseCoopers S.p.A., on the basis of a reasoned proposal by the Board of Statutory Auditors, for the auditing of the separate financial statements, the consolidated financial statements, limited auditing of the half-yearly condensed consolidated financial statements, the auditing of Form 20-F and the attestation on the internal controls in accordance with Section 404 of the Sarbanes-Oxley Act, for every financial year for the period 2010-2018.
The compensation for the mandate, for each year, is determined in such a manner as to guarantee the quality and reliability of the work, as well as the auditor’s independence. The itemisation is as follows:
| Mandate | Hours | Fees (Euro) |
| Auditing of the individual financial statements of Telecom Italia S.p.A.(*) | 12.920 | 762.100 |
| Auditing of the consolidated financial statements ofthe Telecom Italia Group | 1.900 | 112.100 |
| Limited auditing of the abbreviated half-yearly financial statements of the Telecom Italia Group | 2.755 | 151.100 |
| Auditing of Form 20-F prepared in accordance with SEC rules | 2.333 | 127.900 |
| Audit of internal controls pursuant to Section 404 of the Sarbanes-Oxley Act |
12.000 |
658.100 |
| TOTAL | 31.908 | 1.811.300 |
(*) Includes the control activity referred to in Article 155, paragraph 1, sub-paragraph a) of Legislative Decree 58/1998 and the activities provided for by the tax rules in question under the charge of theaudit company in relation to the Modello 770 and Unico forms.
The Partner in charge of the mandate has been identified by PricewaterhouseCoopers S.p.A. as Paolo Caccini, listed in the Register of Accountants and Tax Advisors and in the Register of Auditors, who has many years of experience in the auditing of multinational groups listed both in Italy and abroad.