Aquafil

Transaction in Own Shares • Oct 20, 2021

Informazione Regolamentata n. 1938-63-2021		Data/Ora Ricezione 20 Ottobre 2021 17:55:46	MTA - Star
Societa'	:	AQUAFIL
Identificativo Informazione Regolamentata	:	153181
Nome utilizzatore	:	AQUAFILNSS02 - Tonelli
Tipologia	:	2.4
Data/Ora Ricezione	:	20 Ottobre 2021 17:55:46
Data/Ora Inizio Diffusione presunta	:	20 Ottobre 2021 17:55:47
Oggetto	:	The Ordinary Shareholders' Meeting of Aquafil S.p.A. authorized the purchase and disposal of treasury shares
Testo del comunicato

Vedi allegato.

THE ORDINARY SHAREHOLDERS' MEETING OF AQUAFIL S.p.A. AUTHORIZED THE PURCHASE AND DISPOSAL OF TREASURY SHARES

THE BOARD OF DIRECTORS RESOLVED TO BUY BACK 512,000 SHARES AT A MAXIMUM PRICE OF €10.00 EACH

Arco (TN), October 20, 2021 – Aquafil S.p.A. (Aquafil or the Company) [ECNL IM] announces that the Ordinary Shareholders' Meeting, held today and chaired by Giulio Bonazzi, authorized the purchase and disposal of ordinary shares pursuant to Articles 2357 et seq. of Italian Civil Code.

The authorization approved by the Shareholders' Meeting has a term of eighteen months as of the date of the related resolution.

The authorization aims at allowing the Company to buy back and/or dispose of ordinary shares for the following purposes: (i) undertaking any investments, as well as containing abnormal movements in stock prices and fostering the regular conduct of trading beyond normal fluctuations related to market performance, without prejudice in any case to compliance with applicable statutory provisions; and (ii) keeping liquidity for subsequent uses (creation of a socalled securities reserve), in line with the strategic guidelines that the Company intends to pursuit, namely extraordinary transactions or any other deed of disposal and/or use, with respect to other subjects.

The Shareholders' Meeting authorized the buy-back of ordinary shares, in one or more tranches, up to a maximum which, together with the treasury shares that in turn the Company and its subsidiaries hold in portfolio, must not exceed 3% of the share capital.

The purchase price of the shares shall comply with the regulatory provisions in force.

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Aquafil S.p.A. (Aquafil or the Company) [ECNL IM] also announces that the Company's Board of Directors, with regard to the plan to purchase treasury shares authorized today by the Shareholders' Meeting pursuant to Article 144-bis of Consob Regulation No. 11971/1999, resolved to execute a plan for purchasing a total maximum amount of 512,000 treasury shares (equal to approximately 1% of the total share capital) to be implemented from October 25, 2021 to January 31, 2022 on the electronic stock exchasnge, (as of October 25, 2021 Euronext Milan) organized and managed by Borsa Italiana S.p.A. ("MTA/EM") at a maximum price of €10.00 per share.

The Company will implement this purchasing program through a specialized intermediary, granting a specific assignment for this purpose to Intermonte. In particular, pursuant to Article

4, paragraph 2(b), of Commission Delegated Regulation (EU) No. 1052 of March 8, 2016, the intermediary in charge of coordinating and executing transactions in treasury shares will act with full independence, also in terms of the times at which to purchase the shares, in accordance with this mandate and the shareholders' resolution as of today.

Purchase transactions may be executed on the MTA/EM market, in one or more tranches, in accordance with the legal limits, on markets regulated according to the operating methods established by the organization and management regulations for such markets and agreed upon with Borsa Italiana S.p.A., which permit parity of treatment of shareholders, pursuant to Article 132 of Legislative Decree No. 58 of February 24, 1998 (as further amended and supplemented) and Article 144-bis, paragraph 1(b), of Consob Regulation No. 11971/1999, as well as in accordance with Regulation (EU) No. 596/2014 and related European and Italian implementing provisions, and, where applicable, admitted market practice in effect pro tempore. The shares will be purchased at a price per share that will be set from time to time for each transaction in line with the method selected for undertaking the transaction and in accordance with any pro tempore applicable European and national regulatory provision.

At market closing today, the Company did not hold any treasury shares.

Any subsequent changes to this plan will be promptly disclosed to the public. In addition, the details of any purchase transaction executed will be reported to the market in accordance with applicable legislation.

The Board of Directors of Aquafil S.p.A. also confirmed the co-optation of Stefano Giovanni Loro as Director, effective July 1, 2021, to replace Fabrizio Calenti, who had resigned from his position on June 30, 2021, as announced to the market on February 17, 2021.

On the basis of the information available to the Company, to date Stefano Giovanni Loro holds 5,500 Aquafil S.p.A. shares.

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Aquafil is a pioneer in the circular economy also thanks to the ECONYL® regeneration system, an innovative and sustainable process able to create new products from waste and give life to an endless cycle. The nylon waste is collected in locations all over the world and includes industrial waste but also products – such as fishing nets and rugs – that have reached the end of their useful life. Such waste is processed to obtain a raw material – caprolactam – with the same chemical and performance characteristics as those from fossil sources. The polymers produced from ECONYL® caprolactam are distributed to the Group's production plants, where they are transformed into yarn for rugs carpet flooring and for clothing.

Founded in 1965, Aquafil is one of the main producers of nylon in Italy and worldwide. The Group is present in seven countries and in three different continents, with over 2,600 employees at 19 production sites located in Italy, Scotland, Slovenia, Croatia, Unites States, Thailand and China.

Investors Contact

Karim Tonelli investor.relations@aquafil.com mob: +39 348 6022.950

Barabino & Partners IR T: +39 02 72.02.35.35 Stefania Bassi s.bassi@barabino.it mob: +39 335 6282.667 Agota Dozsa a.dozsa@barabino.it mob: +39 338 7424.061 Media Contact Barabino & Partners T: +39 02 72.02.35.35 Federico Vercellino f.vercellino@barabino.it mob: +39 331 5745.171