The risk analysis is performed and repeated on a periodic basis with reference to the company transactions involving defence dual use and commercial materials, goods and services, technical data and applications in order to ensure the mapping, measurement and mitigation of risks, on the basis of the laws and regulations which are applicable at national and international level. This analysis considers the laws in force in the jurisdictions in which Leonardo and the subsidiaries of the Group are established or operate, including the countries in which Leonardo is conducting business. The review is renewed on the occasion of particular events that may involve Trade Compliance related risks (e.g., mergers, acquisitions, development of new products or services).

The Commodities classification requires the identification and classification of the goods, products, and services in order to ensure compliance to the applicable laws and regulations and to adopt control processes to verify Trade Compliance restrictions applicable to certain good/products prior to their export, re-export, transfer or re-transfer.

The Commodities classification requires the identification and classification of the goods, products, and services in order to ensure compliance to the applicable laws and regulations and to adopt control processes to verify Trade Compliance restrictions applicable to certain good/products prior to their export, re-export, transfer or re-transfer.

The monitoring of counterparties requires to carry out the appropriate verifications on the customers and on the relevant parties to a transaction, including end users, to verify and identify if they are included on lists of control as proscribed persons being subject to trade restrictions or prohibitions.

Any transactions which, directly and indirectly, involves a sensitive Country is subject to monitoring.

The list of sensitive Countries for Leonardo Group, subject to periodical review, is currently the following:

Afghanistan, Angola, Belarus, Burma, Burundi, Cambodia, Central African Republic, Cuba, Democratic Republic of Congo, Egypt, Eritrea, Ethiopia, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, People Republic of China including Hong Kong and Macau, Republic of Congo, Russia, Rwanda, Saudi Arabia, Somalia, South Sudan, Sudan, Syria, Tanzania, Turkey, Uganda, Ukraine, United Arab Emirates, Venezuela, Yemen, Zambia, Zimbabwe.