Antares Vision — Board/Management Information 2023

Jan 25, 2023

COMUNICATO STAMPA

ANTARES VISION S.P.A.: APPOINTMENT BY CO-OPTION OF ALBERTO GRIGNOLO AS NON-EXECUTIVE AND INDEPENDENT BOARD DIRECTOR

Travagliato (BS), 25 January 2023 - Following the resignation of Prof. Marco Vitale (see press release dated 15 December 2022), Antares Vision S.p.A. (Antares Vision or the Company), listed on Euronext STAR Milan of Borsa Italiana S.p.A., hereby announces the completion, on today's date, of the process to restore the Board of Directors to its full complement of members, pursuant to Article 2386 of the Italian Civil Code, through appointment by co-option of the non-executive and independent Director Mr. Alberto Grignolo, who will remain in office until the next Shareholders' Meeting. Alberto Grignolo was co-opted by the Board of Directors through a resolution passed unanimously and approved by the Board of Statutory Auditors. The new Director was also appointed as Chairman of the Company's Control, Risks and Sustainability Committee, as well as member of the Appointments and Remuneration Committee of the same.

It should also be noted that Director Alberto Grignolo was selected by the Board of Directors without taking the list of candidates originally submitted into account, as the two candidates on the list submitted by the majority shareholder for the appointment of the Board in office, and not appointed, had previously stated that they did not meet the requirements of independence prescribed by law.

After acknowledging the statements made and the documentation submitted by the newly appointed Director, at the same meeting, the Board of Directors ensured that the latter met the requirements prescribed by the applicable law, by the Company's Articles of Association and by the Code of Corporate Governance for the assumption of office. Alberto Grignolo also stated that he meets the independence requirements envisaged by art. 148, paragraph 3 of Italian Legislative Decree 58/1998 (Consolidated Finance Law) and by art. 2 of the Code of Corporate Governance and that he does not hold any shares in the Company.

Alberto Grignolo is currently a senior advisor for digital transformation programmes of leading European groups in the fields of retail and fashion and global digital platforms. He has worked with Private Equity operators on some of the most important e-commerce transactions of recent years. In addition to being the co-founder of Encelado Ventures lnvestment Club, he is also a Board Director in several companies such as Miroglio Fashion Group, Cellularline S.p.A., Etro S.p.A., and Telepass S.p.A. He started his career in YOOX (which then became Yoox Net-a-Porter Group), where he held key posts: for almost ten years he was responsible for business development, later extending his scope to General Manager, and lastly becoming Group Chief Operating Officer in 2016, a position he held until October 2018.

A summary of the newly elected non-executive and independent director's curriculum vitae is available on the Company's website at www.antaresvision.com.

ABOUT ANTARES VISION GROUP

Antares Vision Group is an outstanding technology partner in digitalization and innovation for companies and institutions, guaranteeing the safety of products and people, business

COMUNICATO STAMPA

competitiveness, and environmental protection. The Group provides a unique and comprehensive ecosystem of technologies to guarantee product quality (inspection systems and equipment) and end-to-end product traceability (from raw materials to production, from distribution to the consumer) through integrated data management, applying artificial intelligence and blockchain technology. Antares Vision Group is active in life science (pharmaceutical, biomedical devices and hospitals) and Fast-Moving Consumer Goods (FMCG), including food, beverage, cosmetics, and glass and metal containers. As a world leader in track and trace solutions for pharmaceutical products, the Group provides major global manufacturers (over 50% of the top 20 multinationals) and numerous government authorities with solutions, monitoring their supply chains and validating product authenticity. Listed since April 2019 on the Italian Stock Exchange in the Alternative Investment Market (AIM) segment and from 14 May 2021 in the STAR segment of Euronext; furthermore, from July 2022 included in the Euronext Tech Leaders index, dedicated to leading tech companies with high growth potential. In 2021, Antares Vision Group recorded a turnover of €179m, operates in 60 countries, employs more than 1,000 people, and has a consolidated network of over 40 international partners. To learn more, please visit www.antaresvision.com and www.antaresvisiongroup.com.

For further information

ANTARES VISION GROUP

ALESSANDRO BAJ BADINO HEAD OF INVESTOR RELATIONS +39 030 72 83 500 INVESTORS@ANTARESVISION.COM

DAVIDE ANTONIOLI INVESTOR RELATOR +39 030 7283500 INVESTORS@ANTARESVISION.COM

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