FINCANTIERI AND COMAU TOGETHER FOR INNOVATION OF PRODUCTION PROCESSES

WITH ROBOTICS

The companies will manufacture a new and advanced welding robot vehicle for shipyards

Trieste/Grugliasco (Turin), May 20, 2021 - Fincantieri and Comau, two Italian excellences and world leaders in their respective reference markets, signed a letter of intent to develop prototypes of robotized steel welding solutions and the resulting construction of series of machines, to be implemented at first in Fincantieri shipyards.

Comau CEO, Paolo Carmassi, and Fincantieri General Manager, Fabio Gallia, signed the agreement.

The first joint project, of which the operating agreement is currently underway and related tests are scheduled at the Fincantieri shipyards by the first half of the year 2022, will involve a welding robot vehicle consisting of an anthropomorphic welding robot and a remote control tracked vehicle.

Fincantieri and Comau will be co-owners of the knowhow and intellectual property generated while developing the new concept design. At a later stage, they will explore the possibility of marketing this kind of welding product not only in the shipbuilding industry, but also in relevant business segments, such as the production of large size steel products for infrastructure and special works (e.g. continuous structures for suspension bridges, structures for large size hoisting systems, products for special constructions).

Moreover, the companies agreed to continue considering and examining new opportunities to create highly innovative solutions and contents within the broader scope of a Digital Factory.

Paolo Carmassi, CEO of Comau, commented, "Comau has always been committed to the design and development of cutting-edge processes and technologies that allow us to provide our customers and partners with unique solutions that meet the challenges of an ever-changing market. The collaboration with Fincantieri gives us the opportunity to join forces with a leading company on an innovative project that aims to extend the benefits of automation and robotics to new sectors".

Fincantieri General Manager, Fabio Gallia, said: "This partnership is an important innovation for the shipbuilding industry. Apart from improving the safety of workers and their ergonomic working conditions, these solutions will enable great progress in pursuing the competitiveness of our production system. Moreover, looking to the future, the possibility of developing projects together with Comau is a great opportunity to further broaden the Group's range of competencies".

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Comau, a member of Stellantis, is a worldwide leader in delivering advanced industrial automation products and systems. Its portfolio includes technology and systems for electric, hybrid and traditional vehicle manufacturing, industrial robots, collaborative and wearable robotics, autonomous logistics, dedicated machining centers and interconnected digital services and products able to transmit, elaborate and analyze machine and process data. With over 45 years of experience and a strong presence within every major industrial country, Comau is helping manufacturers of all sizes in almost any industry experience higher quality, increased productivity, faster time-to-market and lower overall costs. The company's offering also extends to project management and consultancy, as well as maintenance and training for a wide range of industrial segments. Headquartered in Turin, Italy, Comau has an international network of 7 innovation centers, 5 digital hubs, 8 manufacturing plants that span 14 countries and employ more than 9,000 people. A global network of distributors and partners allows the company to respond quickly to the needs of customers, no matter where they are located throughout the world. Through the training activities organized by its Academy, Comau is also committed to developing the technical and managerial knowledge necessary for companies to face the challenges and opportunities of Industry 4.0.

www.comau.com

Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems.

With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with over 20,000 employees.

www.fincantieri.com

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COMAU Press Office

Giuseppe Costabile

Mob. +39 3387130885 giuseppe.costabile@comau.com

FINCANTIERI

Press Office

Investor Relations

Tel. +39 040 3192473

Tel. +39 040 3192111

press.office@fincantieri.it

investor.relations@fincantieri.it

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Fincantieri S.p.A. published this content on 20 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2021 08:35:02 UTC.