Aquafil

Board/Management Information • Jun 29, 2021

Informazione Regolamentata n. 1938-41-2021		Data/Ora Ricezione 29 Giugno 2021 17:47:41	MTA - Star
Societa'	:	Aquafil
Identificativo Informazione Regolamentata	:	149336
Nome utilizzatore	:	AQUAFILNSS02 - Tonelli
Tipologia	:	3.1
Data/Ora Ricezione	:	29 Giugno 2021 17:47:41
Data/Ora Inizio Diffusione presunta	:	29 Giugno 2021 17:47:42
Oggetto	:	Co-optation of new Board member
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Arco (TN), June 29, 2021 – Aquafil S.p.A. [ECNL IM] informs that the Board of Directors, which met today, pursuant to the provisions of art. 2386, first paragraph, of the Italian Civil Code and with the approval of the Board of Statutory Auditors, has appointed by co-optation Stefano Giovanni Loro as Executive Director of the Board with effect from July 1st, 2021 to replace Fabrizio Calenti whose resignation had been communicated on February 17th , 2021, with effect from June 30th, 2021.

The choice of Stefano Giovanni Loro, already a manager of the company since a few years, also takes into account the specialised technical contribution that Mr. Loro will bring to the Board, replacing Fabrizio Calenti.

The Company would like to thank the resigning Director Fabrizio Calenti for the successful activity carried out in these years also within the Board of Directors.

Elisabetta Beatrice Cugnasca, the first unelected member of the list voted for by the majority of shareholders at the Shareholders' Meeting of June 18th , 2020, has renounced to take the position for personal reasons, also in light of the new, demanding duties she assumed at Aquafil after the date of the Shareholders' Meeting.

The Board of Directors has certified that the new Director, Stefano Giovanni Loro meets the requirements for the office, in accordance with the provisions of the applicable primary and secondary legislation and has therefore declared that the new composition of the Board of Directors complies with legal and statutory requirements.

On the basis of the information available to the Company as of today Mr. Loro holds n. 5,500 shares in Aquafil S.p.A.

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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 2,650 employees at 17 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