Eurotech

Board/Management Information • Aug 7, 2024

Eurotech: the Board of Directors appoints director Davide Carando by co-optation

Amaro (Italy), 7 August 2024 – Eurotech S.p.A. (the "Company" or "Eurotech") announces that the Board of Directors, which met today, having consulted with the Nominations and Remuneration Committee and with a resolution approved by the Board of Statutory Auditors, co-opted Davide Albino Carando as a new director of the Company to replace director Marco Costaguta, who resigned on June 4, this year.

Dr. Carando, who was co-opted pursuant to Art. 2386 of the Civil Code, as well as Art. 14 of the company's bylaws and in accordance with the ordinary provisions of laws - in the absence of available unelected candidates from the list to which Dr. Costaguta belonged - qualifies as a non-executive and non-independent director, and does not join any endo-committees.

The curriculum vitae of Dr. Carando, who pursuant to Article 2386 of the Civil Code and the current bylaws will remain in office until the next shareholders' meeting, is available on the Company's website at www.eurotech.com (Investors/Corporate Governance section).

To the best of the Company's knowledge and based on available information, as of today, Dr. Carando does not hold a direct interest in the Company's capital. It should be noted that, based on publicly available information, Dr. Carando holds a 10% interest in the share capital of New Industry S.r.l, which in turn holds, as more fully disclosed in the context of the essential information concerning the existing shareholders' agreement relating to Eurotech pursuant to Article 122 of Legislative Decree 58/1998 (published on the Company's website www.eurotech.com, Investors / Corporate Governance / Governance Documents section), a 6.99% stake in the share capital of Emera S.r.l., the Company's relative majority shareholder.

Eurotech

Eurotech (ETH:IM) is a multinational company that designs, develops and delivers Edge Computers and Internet of Things (IoT) solutions complete with services, software and hardware to system integrators and enterprises. By adopting Eurotech's solutions, customers have access to components and software platforms for IoT, Edge Gateways to enable asset monitoring, and high-performance Edge Computer for applications including Artificial Intelligence (Edge AI). To offer more and more complete solutions Eurotech has activated partnerships with leading companies in their field of action, thus creating a global ecosystem that allows it to create "best in class" solutions for the Industrial Internet of Things. More information: www.eurotech.com

Contact

Investor Relations	Corporate Communication
Andrea Barbaro	Federica Maion
+39 0433 485411	Tel. +39 0433 485411
andrea.barbaro@eurotech.com	federica.maion@eurotech.com