3. Net general expenses

Net general expenses in the first quarter of 2016 amount to €4.7 million, in line with the first quarter of 2015. The balance includes the cost of the EXOR stock options plans of approximately €0.9 million (€0.8 million in the first quarter of 2015).

Details on the main items of net general expenses are as follows:

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Commercial Register No.64236277 Note legali | Credits