Gvs — Remuneration Information 2021

Mar 31, 2021

To:

GVS S.P.A. SHAREHOLDERS' MEETING

Via Roma, 50

40069 - Zola Predosa (BO)

Italy

Zola Predosa (BO), 29 March 2021

NOTE TO THE ORDINARY SHAREHOLDERS' MEETING OF APRIL 27, 2021

Subject: Proposal to adjust the remuneration of the Board of Auditors. Related and consequent resolutions.

Shareholders,

in relation to the fourth point on the agenda of the ordinary shareholders' meeting of GVS S.p.A., convened on 27 April 2021 in single call, it is proposed to attribute to the members of the Board of Auditors, in replacement of what was previously resolved by the shareholders' meeting on March 13, 2020, the following fees, with effect from January 1, 2021 until the expiry of the current mandate:

• To the Chairman of the Board of Auditors a gross annual compensation of Euro 35,000.00;
• To each of the standing auditors, a gross annual compensation of Euro 30,000.00.

Sincerely.

GVS GROUP S.p.A.