Orsero

AGM Information • Dec 20, 2023

Informazione Regolamentata n. 20078-37	Data/Ora Inizio Diffusione 20 Dicembre 2023 15:58:10		Euronext Star Milan
Societa'	:	ORSERO
Identificativo Informazione Regolamentata	:	184657
Nome utilizzatore	:	Colombini
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	20 Dicembre 2023 15:58:10
Data/Ora Inizio Diffusione	:	20 Dicembre 2023 15:58:10
Oggetto	:	Orsero S.p.A. - PR Shareholders Meeting
Testo del comunicato

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THE SHAREHOLDERS' MEETING OF ORSERO AUTHORIZES THE PURCHASE AND DISPOSAL OF TREASURY SHARES

Milan, 20 December 2023 – The Ordinary Shareholders' Meeting of Orsero S.p.A. ("Orsero") was held on today's date, chaired by Paolo Prudenziati, which adopted the purchase and disposal of treasury shares pursuant to Articles 2357 and 2357-ter of the Italian Civil Code, upon revocation of the previous authorization for the part not executed.

The authorization is aimed at providing the Company with a stock of shares preparatory to the potential use in extraordinary operations, as well as for any purpose permitted by current provisions (including the purposes contemplated by art. 5 of Regulation (EU) no. 596/2014, and in the accepted practices pursuant to art. 13, where applicable), in the interest of the Company and subject to the resolutions of the competent bodies (such as allocation for the Company's incentive and loyalty plans and/or for the purchase in view of their eventual cancellation).

In line with the previous ones, the new authorization is requested for a period of 18 months from today's date and refers to the purchase, in one or more tranches, of a maximum number of shares that, taking into account the Company's shares held in portfolio by the Company and its subsidiaries from time to time, is not higher than the limit set by the applicable pro tempore legislation, and in any case for a maximum value of € 10 million. The authorization to dispose of treasury shares is without time limits.

The purchase price of each own share must be not lower than 20% (twenty percent) and not higher than 10% (ten percent) of the arithmetic average of reference prices registered by Orsero shares on the Euronext Milan market, in the 10 trading days before each transaction.

As of today, the Company holds n. 753,137 treasury shares, equal to 4.26% of the share capital.

For more information in this regard, please refer to the related Explanatory Report of the Board of Directors available on the website www.orserogroup.it, section "Governance/Shareholders' Meeting", and on the authorized storage mechanism eMarket Storage ().

The Society will make available to the public, within the time frame and in the manner prescribed by law, the information required by law on transactions involving the purchase and disposal of treasury shares.

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The summary report of the votes (containing the number of shares represented at the Shareholders' Meeting and the shares for which the vote was cast, the percentage of capital that these shares represented, as well as the number of votes in favour and against the resolutions and the number of abstentions) will be made available on the Company's website and within the terms set for by current legislation.

The minutes of the Shareholders' Meeting will be made available to the public in the manner and within the terms set for by current legislation.

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ORSERO is the holding company of the Italian and international group with the same name, a leader in Mediterranean Europe for the import and distribution of fresh fruit and vegetables. The Orsero Group was created more than 50 years ago at the initiative of the Orsero family, which had been operating since the 1940s in the fruit and vegetable sector, in partnership with other entrepreneurs. Over the decades, the Orsero Group has expanded its business both in terms of area covered, which today includes Italy, France, Spain, Portugal, Greece, Mexico, Costa Rica and Colombia, and in terms of product categories and sectors, according to a model known as vertical integration. Along with the distribution of fresh produce, the Orsero Group's business model also includes the import of bananas and pineapples using its owned ships. In 2012, the Orsero Group launched the brand "F.lli Orsero" for bananas and pineapples. The name intends to convey a sense of tradition and the passion of a large Italian family-run company for high-end produce.

ORSERO ordinary shares are listed on the Euronext STAR Milan segment of the Market Euronext Milan: ISIN - IT0005138703; Bloomberg Ticker "ORS.IM"; Thomson Reuters Ticker "ORSO.MI".

For more information:

Orsero S.p.A.

Investor Relations: Edoardo Dupanloup | T. +39 347 4496044 | investor.relations@orserogroup.it| www.orserogroup.it

Rebecca Cancellieri |T. +39 349 4727548 |investor.relations@orserogroup.it| www.orserogroup.it

Media Relations:

CDR Communication Angelo Brunello | M. +39 329 211 7752 | angelo.brunello@cdr-communication.it Martina Zuccherini | martina.zuccherini@cdr-communication.it

Specialist

Intesa Sanpaolo S.p.A. – Divisione IMI Largo Mattioli 3 - 20121 – Milano