Fae Technology

Regulatory Filings • Oct 24, 2024

PRESS RELEASE

FAE TECHNOLOGY: RELEASE BY ALANTRA OF DECLARATIONS TO UNDERTAKE ROLE AS EURONEXT GROWTH ADVISOR

Gazzaniga (BG), October 24, 2024 - FAE Technology S.p.A. - Benefit Company ("FAE Technology" or the "Company" or the "Group"), Tech company and parent of the Italian electronics sector Group of the same name, listed on the Euronext Growth Milan market, following on from its announcement of July 24, 2024, announces that Alantra Capital Markets ("Alantra"), the Company's new Euronext Growth Advisor as of tomorrow, October 25, today issued to Borsa Italiana S.p.A. the declarations required by Sheet 2, Section C, of the Euronext Growth Advisor Regulations.

As announced on July 24, 2024, the Specialist role was however assigned to MiT Sim S.p.A. and will be effective as of tomorrow, October 25.

This Press Release is available in the Investors Relations/Press Releases section of the website https://fae.technology/and at http:///.

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FAE Technology S.p.A. - Benefit Company is a Tech company and parent of the Italian electronics sector Group of the same name. Founded in 1990 in Gazzaniga (BG) by Francesco Lanza, who began by producing a small series of electronic boards, FAE Technology has been led since 2008 by his son Gianmarco Lanza, Chairperson and Chief Executive Officer. The Group, through several dedicated and integrated assets, can very rapidly enable electronic innovation in the various sectors in which it plays a central role, including e-mobility, the Internet of things (IoT), industrial automation 4.0 and aerospace. FAE Technology is known for its focus on innovation - promoting open innovation and shared research at the "Kilometro Rosso" hub - and on sustainability and corporate social responsibility, becoming a Benefit Company on May 13, 2022. The Group benefits from strategic partnerships and memberships with major sector players, in addition to renowned universities and research centers, including the "Senseable City Lab" at MIT (Massachusetts Institute of Technology) in Boston. In the second half of 2023, Elettronica G.F., a leading player in the supply of microprocessor-based proprietary electronic systems such as panel PCs, SOMs and Single Board Computers for various application areas, joined FAE Technology. In 2023, the Group reported consolidated revenues of Euro 71.6 million, and the parent company FAE Technology continued on its strong growth trajectory, with revenues in the year up 56.5% on 2022 to Euro 61.7 million. Group revenues in the first half of 2024 totaled Euro 44.2 million.

ISIN FAE Ordinary Shares IT0005500688 - ISIN Warrants WFAE25 IT0005500639

Contacts

FAE Technology S.p.A. - Società Benefit Investor Relations Manager Gianmarco Lanza, ir@fae.technology

THANAI Communication Advisors

Press Office Thanai Bernardini, mob. 335.7245418, me@thanai.it Alessandro Bozzi Valenti, mob. 348.0090866, alessandro.valenti@thanai.it Calvin Kloppenburg, mob. 393.1188058, calvin.kloppenburg@thanai.it

Integrae SIM S.p.A.

Euronext Growth Advisor & Specialist Tel. +02 80506160, info@integraesim.it