Fidia — Board/Management Information 2020

Apr 14, 2020

Press release

Fidia S.p.A. Shareholders' Meeting April 29 – 30, 2020 Proposed appointments for the Board of Directors (BoD) and Board of Auditors and their compensations

Turin, April 14, 2020 – The Company informs that, after the submission of the lists of candidates concerning the appointment of the Board of Directors and Board of Auditors presented by the Shareholder Mr Giuseppe Morfino, - majority shareholder - the same shareholder has announced the intention to submit to the Meeting the following proposals:

• Determining the total number of components of the BoD to "five";
• Determining the BoD annual compensation for each component amounting to 12,000 euros (twelve thousand/00 euros) plus the refund of expenses;
• Appointing Mr Massimo Ceraolo as President of the Board of Statutory Auditors;
• Determining compensations of the Board of Statutory Auditors amounting to the minimum fee fixed by the Order of Chartered Accountants plus the refund of expenses and statutory costs.

Identification data of Depository Shareholders of the lists and related documentation are both available on the Company's official Website.

Fidia S.p.A., headquartered in San Mauro Torinese (TO), Italy, is a world leader company in the design, production and distribution of high-performance integrated milling systems, primarily applied in the manufacturing of molds and dies for automotive industry and in aerospace field. With more than 40 years of experience and 298 employees, Fidia is known as one of the few companies able to provide solutions for the complete milling process, from the definition of the machining program to the finished product. Fidia produces, distributes and maintains worldwide numerical controls for milling systems, high speed milling systems, CAM software for the cutting of complex shapes.

Fidia S.p.A. (Reuters FDA.MI – Bloomberg FDA IM) is listed on the STAR segment (MTA) of the Italian Stock Exchange and has a capitalization of approx. € 15 million.

News and additional information about the company can be found on the corporate website at www.fidia.com

For further information, please contact:

Fidia S.p.A. Polytems HIR Polytems HIR Antonio Breggia Bicchiere Silvia Marongiu Bianca Fersini Mastelloni CFO - Investor Relator Press Office Financial Communication investor.relation@fidia.it s.marongiu@polytemshir.it b.fersini@polytemshir.it

tel. 011 2227111 tel. 06 6797849 – 06 69923324 tel. 06 6797849 – 06 69923324