Fae Technology

Report Publication Announcement • Jan 29, 2024

PRESS RELEASE

FAE TECHNOLOGY: CALENDAR OF CORPORATE EVENTS 2024

Gazzaniga (BG), January 29, 2024 – FAE Technology S.p.A. – Benefit Company ("FAE Technology" or the "Company" or the "Group"), Tech company and parent of the Italian electronics sector Group of the same name, as per Article 17 of the Euronext Growth Milan Issuers' Regulation, announces the calendar of corporate events for 2024, approved today by the Board of Directors.

Date	Event
March 28, 2024	Disclosure of the preliminary consolidated revenues and a number of KPIs as of December 31, 2023, unaudited
April 30, 2024	Board of Directors' meeting to approve the draft financial statements and consolidated financial statements as of December 31, 2023
May 31, 2024	Shareholders' Meeting to approve the financial statements and take note of the consolidated financial statements as of December 31, 2023
September 27, 2024	Board of Directors' meeting to approve the consolidated half-year financial report as of June 30, 2024, voluntarily subject to limited audit.

It should be noted that, since the Company is required to prepare consolidated financial statements, pursuant to Article 2364, paragraph 2 of the Civil Code, it shall avail of the longer period allowed by law of 180 days from the close of the 2023 fiscal year to approve the financial statements. This choice takes into account the Group's need to prepare the consolidated financial statements for the first year as a result of the closing of the transaction for the acquisition of Elettronica GF S.r.l. finalized on December 21, 2023.

The Company will promptly notify the market of any changes from the above.

The calendar of corporate events is available in the Investor Relations/Financial Calendar section of the website https://fae.technology/.

Other Board of Directors' motions

In order to comply with the recent amendments to the Euronext Growth Milan Issuers' Regulation ("EGM Issuers' Regulation") referred to in Borsa Italiana S.p.A. Notice No. 43747 of November 17, 2023, which came into effect on December 4, 2023, with particular reference to the provisions contained in Article 6-bis, relating to the appointment of the Independent Director, given the elimination of the requirement upon the Euronext Growth Advisor to assess the independence requirements of candidates for the office of Independent Director of all companies admitted to the Euronext Growth Milan market, the Board of Directors has, among other matters, resolved to repeal the "Procedure for submitting to the Euronext Growth Advisor the assessment of the Independent Director" previously adopted by the Company.

Therefore, in compliance with the provisions of Article 6-bis of the EGM Issuers' Regulation currently in force, which are aligned with the regulations currently in place for companies listed on the regulated market, the obligation remains on the Board of Directors of FAE Technology to assess the meeting of the independence requirements following the appointment, and once a year thereafter, based on the information provided by the person concerned or available to the Company. The Board of Directors for these purposes will identify the quantitative and qualitative criteria to be taken into account in order to carry out this annual assessment, which will be valid until the conclusion of the current term of office. It will provide appropriate notice to the market with regards to this assessment and its outcome as such emerges.

The Company, therefore, shall ensure that the next Shareholders' Meeting will also be called as an Extraordinary Shareholders' Meeting, with the adoption of the necessary amendments to bring the current By-Laws in line with the new provisions of the EGM Issuers' Regulations on the agenda.

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For the dissemination of regulated information FAE Technology uses the (), operated by Computershare S.p.A., with registered office in Milan, Via Lorenzo Mascheroni No. 19 and authorized by Consob.

This Press Release is available in the Investors Relations/Press Releases section of the website https://fae.technology/and at .

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FAE Technology S.p.A. - Benefit Company is a Tech company and parent of the Italian electronics sector Group of the same name. Founded in 1990 in Gazzaniga (BG) by Francesco Lanza, who began by producing a small series of electronic boards, FAE Technology has been led since 2008 by his son Gianmarco Lanza, Chairperson and Chief Executive Officer. The Company, through several dedicated and integrated assets, can very rapidly enable electronic innovation in the various sectors in which it plays a central role, including e-mobility, the Internet of things (IoT), industrial automation 4.0 and aerospace. FAE Technology is known for its focus on innovation - promoting open innovation and shared research at the "Kilometro Rosso" hub - and on sustainability and corporate social responsibility, becoming a Benefit Company on May 13, 2022. The company benefits from strategic partnerships and memberships with major sector players, in addition to renowned universities and research centers, including the "Senseable City Lab" at MIT (Massachusetts Institute of Technology) in Boston. FAE Technology is fast-growing reporting revenues of Euro 39.4 million in 2022 (+64.4% on 2021). The company reports revenues of Euro 27.3 million for H1 2023, up 57.0% compared to the same period of 2022. In the second half of 2023, Elettronica G.F., a leading player in the supply of microprocessor-based proprietary electronic systems such as panel PCs, SOMs and Single Board Computers for various application areas, joined FAE Technology.

ISIN FAE Ordinary Shares IT0005500688 - ISIN Warrants WFAE25 IT0005500639

Contacts

FAE Technology S.p.A. - Benefit Company Investor Relations Manager Gianmarco Lanza, ir@fae.technology

THANAI Communication Advisors

Press Office Thanai Bernardini, mob. 335.7245418, me@thanai.it Alessandro Bozzi Valenti, mob. 348.0090866, alessandro.valenti@thanai.it Calvin Kloppenburg, mob. 393.1188058, calvin.kloppenburg@thanai.it

Integrae SIM S.p.A.

Euronext Growth Advisor & Specialist Tel. 02 9684 68 64, info@integraesim.it