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Letter from the Chairman






































                  Letter from the Chairman


                  Over the years, through our sustainability report, we have significantly advanced the way we
                  understand this complex concept. We have increasingly sought to provide a precise understanding
                  of our commitment in terms of economic, environmental and social sustainability.

                  In the current manufacturing environment, we have witnessed major changes which have rendered
                  our ethical commitment an indispensable part of the creation of the value chain and a cornerstone
                  of our journey towards sustainable development. Each and every action reported in this document is
                  a sign of our credibility and provides reassurance that the road we are following is the right one. No
                  less important, this sets the clear goal of creating a Group in which every member can showcase their
                  own talents and abilities.

                  Last year was without doubt a critical period, but the whole team was able to face up to the
                  situation in an aware and responsible manner, always guaranteeing continuous quality in the various
                  operational phases. Ratti, through this commitment, wants to continue to play an active role in this
                  important process of change. Sustainability is a key element of this process, not only in order to
                  bolster our competitiveness, to meet expectations and to offer a key point of reference for anyone
                  who works with us but also, most of all, to build with determination our awareness that we are part of
                  the universe and that we have an important role to play in preserving planet Earth.
                                                                                   Donatella Ratti





















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