In accordance with the Act of 16 June 2006 here follows a summary of the 'annual information' as laid down in art. 66 of this Act. This 'yearly information' is a summary of all the information published by the Picanol Group in the period from 1 January 2010 to 31 December 2010. The full document mentioned in the summary can be found at www.picanolgroup.com under the heading Invester Relations. The Picanol Group points out that some of the information contained in certain documents mentioned therein may now be out of date.

Yearly information