Ascopiave

Notice of Dividend Amount • Apr 23, 2019

Ascopiave S.p.A. Registered Office: Pieve di Soligo (TV), via Verizzo n. 1030 Share capital: Euro 234,411,575 fully paid in Tax code, VAT ID and registration number in the Business Register (TV-BL): 03916270261 Economic and Administrative Business Register TV: 308479

DISTRIBUTION OF AN ORDINARY AND EXTRAORDINARY DIVIDEND TO THE SHAREHOLDERS

Dear Shareholders,

the Shareholders' Meeting of Ascopiave S.p.A., convened in ordinary and extraordinary session on 23rd April 2019, resolved to distribute:

• (i) an ordinary dividend of Euro 0.125 for each of the 222,178,966 current outstanding shares and, therefore, an overall dividend amounting to Euro 27,772,370.80, to be withdrawn from the net profit for the year; and
  • (ii) an extraordinary dividend of Euro 0.2133 for each of the 222,178,966 current outstanding shares and, therefore, an overall dividend amounting to Euro 47,390,773.40, to be withdrawn from the "Share premium reserve";

Both ordinary and extraordinary dividends will be paid on 8th May 2019, with ex-dividend date on 6th May 2019 and record date on 7th May 2019.

MINUTES OF THE MEETING

The minutes of the Shareholders' Meeting held on 23rd April 2019 shall be made available to the public at the registered office in Pieve di Soligo (TV), via Verizzo n. 1030, at Borsa Italiana S.p.A. (Italian Stock Exchange), on the Company's website (www.gruppoascopiave.it) and published and stored in the authorised "EMARKET STORAGE" system (**) within the deadline and according to the methods prescribed by the applicable laws and regulations in force.

Pieve di Soligo (TV), 23rd April 2019 For the Board of Directors

The Chairman

(Nicola Cecconato)