Saras

AGM Information • Apr 8, 2024

Press Release

Milan, April 8 th 2024: With regards to the renewal of the Board of Statutory Auditors of Saras SpA, it is hereby given notice that the following lists of Candidates have been presented, and they will be submitted to the upcoming Ordinary Shareholders' Meeting, to be held on 29 th April 2024 in first call and, if necessary, on 30th April 2024 in second call.

List n. 1 presented by the companies Massimo Moratti SapA di Massimo Moratti holding 20.011% of the Company's share capital, Stella Holding SpA, holding 10.005% of the Company's share capital and Angel Capital Management SpA, holding 5.003% of the Company's share capital, and holding jointly 35.019% of share capital.

Section I – Permanent Auditor

N.	Last name	Name
1.	Colombo	Fabrizio
2.	Simonelli	Paola
3.(*)	Ghelfi	Tommaso

(*) candidate to the position of Chairman of the Board of Statutory Auditors

Section II - Stand-in Auditor

N.	Last name	Name
1.	Mazza	Pinuccia
2.	Vitali	Antonio

List n. 2 presented by the following group of Shareholders:

Anima Sgr S.P.A. fund manager of: Anima Iniziativa Italia, Anima Italia; Arca Fondi Sgr S.P.A. fund manager of Fondo Arca Economia Reale Bilanciato Italia 30; BancoPosta Fondi S.p.A. SGR fund manager of Bancoposta Rinascimento; Eurizon Capital S.A. fund manager of Eurizon Fund divisions: Italian Equity Opportunities, Equity Italy Smart Volatility; Eurizon Capital SGR S.p.A fund manager of: Eurizon Step 70 Pir Italia Giugno 2027, Eurizon Pir Italia Azioni, Eurizon Azioni Italia, Eurizon Azioni Pmi Italia, Eurizon Pir Italia 30, Eurizon Progetto Italia 70, Eurizon Progetto Italia 20, Eurizon Progetto Italia 40; Fideuram Asset Management Ireland fund manager of Fonditalia Equity Italy; Fideuram Intesa Sanpaolo Private Banking Asset Management Sgr S.P.A. fund manager of: Fideuram Italia, Piano Azioni Italia, Piano Bilanciato Italia 30, Piano Bilanciato Italia 50; Interfund Sicav – Interfund Equity Italy; Kairos Partners Sgr S.p.A. as Management Company of Kairos International Sicav – Divisions Patriot, Italia e Made in Italy, and as Alternative Investment Fund Manager of Kairos Alternative Investment S.A. Sicav - Renaissance Eltif; Mediolanum International Funds Limited – Challenge Funds – Challenge Italian Equity; Mediolanum Gestione Fondi Sgr S.P.A. fund manager of: Flessibile Futuro Italia e Flessibile Sviluppo Italia,

holding jointly 2.79675% of the share capital.

Section I – Permanent Auditor

N.	Last name	Name
1.	Cassader	Roberto

Section II - Stand-in Auditor

N.	Last name	Name
1.	Savi	Daniela

In relation to the item set out in point 2 on the agenda of the aforementioned Ordinary Shareholders' Meeting of the Company, connected with the appointment of the members of the Board of Statutory Auditors and, in particular, with sub-point 2.3), the Shareholders Massimo Moratti SapA di Massimo Moratti, Stella Holding SpA and Angel Capital Management SpA propose to the Shareholders' Meeting to establish Euro 70,000 the annual remuneration payable to the Chairman of the Board of Statutory Auditors and Euro 50,000 to the other Standing Auditors, who do not hold the office of Chairman.

The additional documents required by laws, presented along with the lists, will be made available by the Company to the public in due course according to current regulations on the Company's website (www.saras.it), and also on the authorised storage mechanism " ().

Investor Relations

Phone+ 39 02 7737642 ir@saras.it

Press contacts Comin & Partners Lelio Alfonso Phone +39 334 6054090 lelio.alfonso@cominandpartners.com

Tommaso Accomanno Phone +39 3407701750 Tommaso.accomanno@cominandpartners.com

The Saras Group, founded by Angelo Moratti in 1962, is one of the leading players in the European energy and oil refining industry. Through the Parent Company Saras S.p.A., and its subsidiaries, Saras Trading SA, based in Geneva, and Saras Energia SAU, based in Madrid, the Group sells and distributes oil products in the domestic and international markets. The Group also operates in the production of electricity, through its subsidiaries Sarlux S.r.l. (IGCC plant) and Sardeolica S.r.l. (wind plant). The Group has about 1,591 employees and total revenues of about EUR 11.4 billion as at 31 December 2023.