Sabaf

AGM Information • May 14, 2024

SABAF S.P.A.

Ordinary and extraordinary Shareholders' meeting agenda of 08 May 2024

A total of n. 41 Shareholders by proxy holders of N. 8,767,532 ordinary shares equal to 69.107541% ordinary share capital and of n. 14,433,711 votes equal to 76.716656% of the total voting rights attended the shareholders' meeting

SUMMARY REPORT OF THE VOTING ON THE ITEMS ON THE SHAREHOLDERS' MEETING

Ordinary part

1. Financial report at 31 December 2023: management report prepared by the Board of Directors and consolidated non-financial statement; Independent Auditors' Report and Report of the Board of Statutory Auditors; Approval of the Financial statements at 31 December 2023.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)		NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour		39	14,306,575	99.119173	76.040915
Against		2	127,136	0.880827	0.675741
Abstentions		0	0	0.000000	0.000000
Not voting		0	0	0.000000	0.000000
	Total	41	14,433,711	100.000000	76.716656

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: +39 030 6843001 - info@sabaf.it - sabaf@legal.sabaf.it

www.sabaf.it - www.sabafgroup.com

2. Resolution on the dividend proposal.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against	0	0	0.000000	0.000000
Abstentions	0	0	0.000000	0.000000
Not voting	0	0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

3. Report on remuneration policy and remuneration paid:

3.1 Resolution on the first section pursuant to paragraphs 3-bis and 3-ter of Article 123- ter of Italian Legislative Decree 58/1998;

		NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour		11	13,344,551	92.454054	70.927659
Against		30	1,089,160	7.545946	5.788997
Abstentions		0	0	0.000000	0.000000
Not voting		0	0	0.000000	0.000000
	Total	41	14,433,711	100.000000	76.716656

SABAF S.p.A.

3.2 Resolution on the second section pursuant to paragraph 6 of Article 123- ter of Italian Legislative Decree 58/1998.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES		% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour		11	13,153,842	91.132779	69.914021
Against		30	1,279,869	8.867221	6.802635
Abstentions		0	0	0.000000	0.000000
Not voting		0	0	0.000000	0.000000
	Total	41	14,433,711	100.000000	76.716656

4. Appointment of the Board of Directors:

4.1 Determination of the number of members of the Board of Directors;

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour		41 14,433,711	100.000000	76.716656
Against		0 0	0.000000	0.000000
Abstentions		0 0	0.000000	0.000000
Not voting		0 0	0.000000	0.000000
	Total	41 14,433,711	100.000000	76.716656

SABAF S.p.A.

4.2 Determination of the term of office;

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against	0	0	0.000000	0.000000
Abstentions	0	0	0.000000	0.000000
Not voting	0	0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

4.3 Appointment of the Directors;

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES		% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
LIST 1		2	4,781,288	33.125840	25.413037
LIST 2		1	1,748,722	12.115540	9.294637
LIST 3		38	7,903,701	54.758620	42.008982
Against		0	0	0.000000	0.000000
Abstentions		0	0	0.000000	0.000000
Not voting		0	0	0.000000	0.000000
	Total	41	14,433,711	100.000000	76.716656

SABAF S.p.A.

4.4 Determination of the annual remuneration of the members of the Board of Directors.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against		0 0	0.000000	0.000000
Abstentions		0 0	0.000000	0.000000
Not voting		0 0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

5. Appointment of the Board of Statutory Auditors for the three-year period from 2024 to 2026:

5.1 Appointment of the members of the Board of Statutory Auditors;

	NUMBER OF SHAREHOLDER (IN PERSON OR BY		NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
	PROXY)
LIST 1		3	6,530,010	45.241380	34.707674
LIST 2		37	7,902,659	54.751401	42.003444
Against		0	0	0.000000	0.000000
Abstentions		0	0	0.000000	0.000000
Not voting		1	1,042	0.007219	0.005538
	Total	41	14,433,711	100.000000	76.716656

SABAF S.p.A.

5.2 Appointment of the Chairman of the Board of Statutory Auditors; (Not submitted to the vote of the assembly as several lists have been submitted)

5.3 Determination of yearly remuneration.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against		0 0	0.000000	0.000000
Abstentions		0 0	0.000000	0.000000
Not voting		0 0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

6. Authorisation to renew an insurance policy for the Company's directors, statutory auditors and managers for the period from 2024 to 2026.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against	0	0	0.000000	0.000000
Abstentions	0	0	0.000000	0.000000
Not voting	0	0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

SABAF S.p.A.

7. Authorisation to purchase and sell treasury shares, subject to revocation of the authorisation granted with resolution dated 28 April 2023; related and consequent resolutions.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY PROXY)	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
In favour	41	14,433,711	100.000000	76.716656
Against	0	0	0.000000	0.000000
Abstentions	0	0	0.000000	0.000000
Not voting	0	0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656

8. Remuneration plan based on financial instruments in favour of directors and employees of the Company and its subsidiaries; resolution pursuant to Article 114-bis of Italian Legislative Decree 58/1998; granting of proxies to the Board of Directors.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
	PROXY)
In favour		11 13,053,993	90.441003	69.383313
Against		30 1,379,718	9.558997	7.333343
Abstentions		0 0	0.000000	0.000000
Not voting		0 0	0.000000	0.000000
	Total	41 14,433,711	100.000000	76.716656

SABAF S.p.A.

Extraordinary session

1. Assignment to the Board of Directors of the power, pursuant to Article 2443 of the Italian Civil Code, to increase the share capital against payment all at once or in multiple instalments and through splitting shares, no later than 8 May 2029, with the exclusion of the right of option pursuant to Article 2441, paragraph 4, second sentence, of the Italian Civil Code, through the issue of a number of ordinary shares not exceeding 10% (ten per cent) of the share capital existing before the date of exercise of the power, if any, and in any case for a nominal amount not exceeding €1,268,679.00 (one million one hundred and fifty-three thousand four hundred and fifty/00), with the right to establish any additional share premium; consequent amendment of Article 5 of the Articles of Association; related and consequent resolutions and delegation of powers.

	NUMBER OF SHAREHOLDER (IN PERSON OR BY	NUMBER OF SHARES	% ON VOTING RIGHTS THAT CAN BE EXERCISED PRESENT OR REPRESENTED	% ON TOTAL VOTING RIGHTS
	PROXY)
In favour	39	14,306,575	99.119173	76.040915
Against	2	127,136	0.880827	0.675741
Abstentions	0	0	0.000000	0.000000
Not voting	0	0	0.000000	0.000000
	Total 41	14,433,711	100.000000	76.716656