Prima Industrie

M&A Activity • Jan 26, 2023

BORSA ITALIANA - STAR segment

PRESS RELEASE

Approval of Issuer's Statement pursuant to article 103, paragraph 3 of Consolidated Finance Law and article 39 of the Issuers' Regulation

Collegno (TO), January 26th 2023 – The Board of Directors of Prima Industrie S.p.A. in today's meeting has approved the statement (the "Issuer's Statement") pursuant to article 103, paragraph 3 of Consolidated Finance Law and article 39 of the Issuers' Regulation.

The Issuer's Statement contains the Board of Directors' assessment of (i) the mandatory public tender offer launched by Femto Technologies S.p.a. (the "Offeror") on the Company's shares, pursuant to articles 102 and 106, paragraph 1, and 109 of the Consolidate Finance Act (the "Offer") and (ii) the fairness of the related consideration, equal to €25.00 for each share tendered in acceptance of the Offer (the "Consideration").

In preparing the Issuer's Statement, the Board of Directors took note of the Offer and of the terms and conditions described in the offer document, approved by the CONSOB on 01/25/2023 (the "Offer Document"). The Board also took into account the opinion provided on 01/26/2023 by the independent directors pursuant to article 39-bis of the Issuers' Regulation and the fairness opinion approved by Equita SIM S.p.A., acting as financial advisor appointed by the independent directors.

As a result of the meeting, the Board of Directors, unanimously, deemed the Consideration to be fair from a financial point of view. For further details and the observations expressed by the Board of Directors, please refer to the Issuer's Statement that will be attached to the Offer Document, together with the independent directors' opinion and the fairness opinion of Equita SIM S.p.A.

All the above documentation will be published pursuant to the applicable laws and regulations.

PRIMA INDUSTRIE heads a Group leader worldwide in developing, manufacturing and marketing of laser systems for industrial applications, sheet metal processing machinery as well as industrial electronics, laser sources and solution for additive manufacturing.

The parent company Prima Industrie S.p.A. is listed on the Italian Stock Exchange since 1999 (MTA- STAR segment).

With over 40 years of experience, the Group has an installed base of about 14,000 machines in more than 80 countries and is positioned among the main worldwide manufacturers within its own reference market.

The Group has about 1,700 employees, manufacturing sites in Italy, Finland, USA and China and a direct commercial and after-sale presence worldwide.

Prima Industrie Group is structured on four Business Units:

Prima Power – development, production and marketing of laser and sheet metal processing (2D and 3D laser machines, laser drilling systems, punching and combined systems, bending and paneling systems);

Prima Electro – development, production and marketing of embedded electronics for industrial applications;

Convergent Photonics – development and production of diodes and laser sources, both industrial and medical;

Prima Additive – development, production and marketing of additive manufacturing solutions with Powder Bed Fusion and Laser Metal Deposition technologies.

For further information:

PRIMA INDUSTRIE S.p.A.	STUDIO MAILANDER
Chiara Roncolini	Carlo Dotta
Investor Relator	Ufficio Stampa
tel. 011 4103204	tel. 011 5527311 mob. 333 2306748
ir@primaindustrie.com	c.dotta@mailander.it