Salcef Group

Board/Management Information • Sep 2, 2024

Informazione Regolamentata n. 20176-40-2024		Data/Ora Inizio Diffusione 2 Settembre 2024 17:38:02	Euronext Star Milan
Societa'	:	SALCEF GROUP
Identificativo Informazione Regolamentata	:	195103
Utenza - Referente	:	SALCEFGROUPN02 - Salciccia
Tipologia	:	REGEM
Data/Ora Ricezione	:	2 Settembre 2024 17:38:02
Data/Ora Inizio Diffusione	:	2 Settembre 2024 17:38:02
Oggetto	:	Salcef Group: resignation of a Director and appointment of a new Director by co-optation
Testo del comunicato

Vedi allegato

Investor Relations & Sustainability - Alessio Crosa

Email: investor.relations@salcefgroup.com - Ph: +39 06 416281

Press Release

Salcef Group: resignation of a Director and appointment of a new Director by co-optation

Rome, 2 September 2024 – Salcef Group S.p.A. (the "Company"), informs that, today, the Director Angelo Di Paolo has resigned as non-executive and non-independent director of the Company, taking into account the new ownership structure connected to the transaction communicated on 24 April 2024.

Angelo Di Paolo: (i) was not a member of any board committee; (ii) will not receive indemnities or benefits following the cessation of office, and (iii) as of the date of this press release, holds no. 1,268 shares of the Company.

Today, the Board of Directors of the Company, having acknowledged the resignation of Mr. Di Paolo, has appointed by cooptation, pursuant to Article 2386 of the Civil Code, Mr. Alberto Donzelli, as a nonexecutive and non-independent director, who will remain in office until the next Shareholders' Meeting.

Alberto Donzelli is a Managing Director and co-head of Europe at Morgan Stanley Infrastructure Partners (MSIP). Prior to joining MSIP, Alberto worked in the investment banking businesses of UBS and Credit Suisse, where he was part of the European Utilities Group advising on numerous M&A transactions in Europe. Alberto holds a degree in Business Administration from Bocconi University in Milan, Italy.

As of the date of this press release, Mr. Donzelli does not hold shares in the Company.

This press release is available on the Salcef Group website https://www.salcef.com in the Investor Relations/Price Sensitive Press Releases section.

Salcef Group is an Italian excellence designing, developing, and producing solutions for sustainable mobility. Serving the market for over 70 years, the Group is now a global leading player providing the railway industry with a comprehensive ecosystem of products and services. Its 7 operative Business Units and 15 operating companies are a unique combination of specialization and integration, the result of continuous investments in innovation and external growth. The Group has over 2,000 employees, boasts a fleet of more than 1,100 railway machines, and, in 2023, achieved a consolidated turnover of 795 million euros. Headquartered in Rome, the Group has an industrial presence also in Germany and the United States, managing business activities across 5 continents with 6 production sites – 5 in Italy and 1 in the United States. Publicly listed since 2019, in October 2021, Salcef Group joined the Euronext STAR Milan Segment. Since 1975, it has been under the control of the Salciccia family and is currently led by the brothers Gilberto and Valeriano, serving respectively as Chairman and CEO.

Fine Comunicato n.20176-40-2024