Elica

Major Shareholding Notification • Jul 27, 2022

ELICA S.p.A.

FAN S.R.L. AND TIP S.P.A. SIGN A NEW SHAREHOLDERS' AGREEMENT CONCERNING ELICA S.P.A. SHARES

Fabriano, July 27, 2022 - Elica S.p.A. parent company of the world's leading Group for the production of kitchen range hoods, announces that, pursuant to Article 122 of the CFA and Article 129 of the Issuers' Regulation, on July 22, 2022, FAN S.r.l., with registered office in Rome, Via Parigi no. 11, controlling shareholder of Elica S.p.A., and Tamburi Investment Partners S.p.A, with registered office in Milan, Via Pontaccio 10, signed a new shareholders' agreement (the "Shareholders' Agreement") effective the same day, concerning 9,233,701 Elica shares for TIP and 33,440,445 Elica shares for FAN.

It also announces the termination of the shareholders' agreement signed by the same parties on July 24, 2019, which expired on July 26, 2022, as a result of the signing of the new shareholders' agreement.

The key information regarding the Shareholder Agreements was today published as per Article 130 of the Issuers' Regulation on Elica S.p.A.'s website, https://elica.com/corporation/it/corporate-governance/altri-documenti and on the website of the authorised storage mechanism at .

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"Renewing this agreement with TIP confirms the solidity of the foundations of Elica's growth plan and the shared desire to invest in a dynamic company, one that has shown it can succeed despite the challenges presented by the socioeconomic context, and which targets ever-greater sustainable value creation for its shareholders and stakeholders over time." Francesco Casoli, Chairman of Elica S.p.A.

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Elica, active in the range hood market since the '70s, is a worldwide leader in the production of kitchen hoods and extractor hobs, also boasting a leadership position in Europe in the production of electric

motors for home ventilation. Chaired by Francesco Casoli and managed by Giulio Cocci, the Elica Group holds a production platform consisting in six factories based in Italy, Poland, Mexico and China, with more than 3,200 employees. Extensive experience, great attention to design, refined materials and state-of-theart technologies, guaranteeing maximum efficiency and reduced energy consumption, are the reasons why Elica Corporation stands out in the reference market. Thanks to these key factors, Elica has also been able to revolutionize the traditional image of the kitchen hood: not just simple accessories, but unique design objects that improve your quality of life.

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For more information:

Investor Relations Elica S.p.A.: Francesca Cocco Lerxi Consulting – Investor Relations Tel: +39 (0)732 610 4205 E-mail: investor-relations@elica.com

Elica S.p.A.: Michela Popazzi Corporate & Internal Communication Specialist Mob: +39 345 6130420 E-mail: m.popazzi@elica.com

Image Building: Tel: +39 02 89011300 E-mail: elica@imagebuilding.it

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