Saras

Report Publication Announcement • Apr 16, 2021

Milan, April 16th, 2021 – As partial amendment of the Financial Calendar for the year 2021, published on January 29th , and amended on March 5th, 2021, in compliance with the provisions of Art. 2.6.2 of the Regulations of Borsa Italiana S.p.A., Saras S.p.A. ("The Company") announces that the updated financial calendar for the year 2021 is as follows:

Approval of Saras SpA Draft financial statements and Consolidated financial statements as of 31st December 2020	Board of Directors, Press Release and Conference Call	Tuesday 30th March 2021
Approval of Interim financial Report as of 31st March 2021 (*)	Board of Directors, Press Release and Conference Call	Tuesday 11th May 2021
Approval of Saras SpA financial statements as of 31st December 2020	Shareholders' Meeting and Press Release	Wednesday 12th May 2021
Approval of Half-Year financial Report as of 30th June 2021	Board of Directors, Press Release and Conference Call	nd August 2021 Monday 2
Approval of Interim financial Report as of 30th September 2021 (*)	Board of Directors, Press Release and Conference Call	Wednesday 10th November 2021

(*) It is noted that the Board of Director of 10th January 2017, pursuant to art. 82-ter of the Issuers' Regulations, resolved to continue to publish, on a voluntary basis, also the first and third quarter financial information, in order to ensure information continuity to the financial community in line with previous quarterly disclosure. The quarterly financial information will contain quantitative key performance indicators, calculated in coherence with the ones provided during the Half-Year and Full Year financial Reports, as follows: Revenues, EBITDA (comparable and reported), EBIT (comparable and reported), Net Result (comparable and reported), Group Net Financial Position and CAPEX. Moreover, disclosure will concern also the Interim Consolidated Financial Statements and their Explanatory Notes, as well as the usual comments on the Group's and its Segments performance and, if necessary, any additional information intended to define the outlook of the business.

This calendar may be subject to changes that will be duly notified.

This press release has been prepared pursuant to the Regulation implementing Legislative Decree no. 58 of 24th February 1998, adopted by CONSOB under resolution no. 11971 of 14th May 1999, as amended and supplemented. It is available to the public on the Company's website under "Investors/Financial Press Releases", and also on the authorised storage mechanism.

Saras Investor Relations Tel + 39 02 7737 642 ir@saras.it

THE SARAS GROUP

The Saras Group founded by Angelo Moratti in 1962 is one of the leading independent players in the European energy and refining industry. Through the parent Compay Saras SpA, 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 and sale of electricity, through its subsidiaries Sarlux Srl (IGCC plant) and Sardeolica Srl (Wind plant). Moreover, the Group provides industrial engineering and research services to the oil, energy and environment sectors through its subsidiary Sartec Srl. The Group has about 1,690 employees and total revenues of about 5.3 billion Euros as of 31st December 2020 (about 9.5 billion Euros as of 31st December 2019).