Saes Getters

M&A Activity • May 25, 2022

PRESS RELEASE Milan, May 25, 2022

The stake of SAES Getters S.p.A. rises to 100% in SAES RIAL Vacuum S.r.l

SAES Getters S.p.A. has completed the acquisition of the remaining 51% of the share capital of SAES RIAL Vacuum S.r.l., of which it already holds 49%, with the aim of consolidating its leadership in the advanced scientific research market, making the most of synergies with the other companies of the Group operating in the high vacuum business, including Strumenti Scientifici Cinel S.r.l. acquired in July 2021.

SAES Getters S.p.A. today announced the completion of the purchase of the additional 51% of the share capital of SAES RIAL Vacuum S.r.l., of which SAES already holds 49%, implementing the agreements reached between the parties on October 25, 2021 and subsequently formalized.

SAES RIAL Vacuum S.r.l., established at the end of 2015 and jointly controlled by SAES Getters S.p.A. (49%) and Rodofil S.r.l. (51%) is specialized in the design and manufacturing of vacuum chambers for accelerators, synchrotrons and industrial applications.

The acquisition follows that of Strumenti Scientific Cinel S.r.l. (July 2021) and aims at strengthening the Group's competitive position in the high vacuum sector, through an expansion and integration of the offer, which is entirely Italian and at the forefront on a global scale.

The consideration for the acquisition is equal to around €5.25 million. A first tranche of the consideration, equal to €4,750 thousand, was paid by SAES today, with its own holdings; the remainder, equal to €500 thousand, was withheld as a guarantee and will be paid, again by own availability, in three successive annual installments of the same amount (worth €166.7 thousand each) starting from third anniversary following the date of stipulation of the share transfer deed (i.e., today's date).

SAES RIAL Vacuum S.r.l., currently consolidated by using the equity method, recorded net revenues equal to €7 million and a net income equal to €0.4 million in 2021(net revenues equal to €5.6 million and a net income equal to €0.6 million in 2020). As at March 31, 2022, its shareholders' equity was equal to €2 million, while the net financial position was negative for €0.7 million.

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SAES Group

A pioneer in the development of getter technology, the SAES® Group is the world leader in a variety of scientific and industrial applications where stringent vacuum conditions are required. In 80 years of activity, the Group's getter solutions have been supporting technological innovation in the information display and lamp industries, in sophisticated high vacuum systems and in vacuum thermal insulation, in technologies spanning from large vacuum power tubes to miniaturized silicon-based microelectronic and micromechanical devices (MEMS).

Starting in 2004, by leveraging the core competencies in special metallurgy and in the materials science, the SAES Group has expanded its business into the advanced material markets, in particular the market of shape memory alloys, a family of materials characterized by super elasticity and by the property of assuming predefined forms when subjected to heat treatment. These special alloys, which today are mainly applied in the biomedical sector, are also perfectly suited to the realization of actuator devices for the industrial sector (domotics, white goods industry, consumer electronics, healthcare, automotive and luxury sector).

More recently, SAES has expanded its business by developing a technological platform that integrates getter materials in a polymeric matrix. These products, initially developed for OLED displays, are currently used in new application sectors, among which optoelectronics, photonics and the mobile sector. Among the new applications, the advanced packaging is a significantly strategic

one, in which SAES is offering a range of new products for the food sustainable packaging and aims to compete with recyclable and compostable solutions.

A total production capacity distributed in eleven facilities, a worldwide-based sale & service network and over 1,100 employees the Group is able to combine multi-cultural skills and experience and to be a truly global enterprise.

SAES Group is headquartered in the Milan area (Italy).

SAES Getters S.p.A. is listed on the Italian Stock Exchange Market, Euronext STAR segment, since 1986.

More information on the SAES Group is available in the website www.saesgetters.com.

Contacts:

Emanuela Foglia Investor Relations Manager Tel. +39 02 93178 273 E-mail: investor_relations@saes-group.com

Corporate Media Relations Close to Media Tel. +39 02 70006237 Nicola Guglielmi E-mail: nicola.guglielmi@closetomedia.it Fiorella Poppi E-mail: fiorella.poppi@closetomedia.it