Intercos — AGM Information 2022

Apr 29, 2022

PRESS RELEASE

INTERCOS S.P.A.:

ORDINARY SHAREHOLDERS' MEETING APPROVED THE FINANCIAL STATEMENTS FOR THE YEAR ENDED ON DECEMBER 31st 2021

• Approved the Financial Statements for the year ended on December 31st 2021
• Approved the Remuneration Policy 2022 and the "Second Section" of the Report on the Remuneration Policy and remuneration paid pursuant to art. 123-ter of Legislative Decree 58/1998

Agrate Brianza, April 29th 2022 - Intercos S.p.A., (ICOS.MI) (the "Company"), announces that the Shareholders' Meeting held today, under the chairmanship of Dario Gianandrea Ferrari, approved the financial statements for the year ended on December 31st 2021, as per the draft financial statements approved by the Board of Directors at the meeting held on March 23rd 2022, which closed with a profit for the year of 19,624,260 euros, and the proposal to allocate the aforementioned net profit for the year to retained earnings.

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The same Shareholders' Meeting also acknowledged Intercos Group's consolidated financial statements as of December 31st 2021, which closed the year with a consolidated net profit of EUR 26.5 million, and an adjusted consolidated net profit of EUR 41.2 million, as well as Intercos Group's consolidated non-financial statement as of December 31st 2021 prepared pursuant to Legislative Decree 254/2016.

The Shareholders' Meeting, in compliance with Article 123-ter of Legislative Decree 58/1998, also approved, with a binding resolution, the Company's policy on the remuneration of members of the management and control bodies and executives with strategic responsibilities having a duration of one year, as well as, with a non-binding resolution, the "Second Section" of the Report on the Remuneration Policy and remuneration paid in the year 2021.

Renato Semerari, CEO of Intercos S.p.A., commented - "The financial year approved by the first Shareholders' Meeting as a listed company, has demonstrated the solidity of our Group despite the continuation of a complex context. We are very pleased with the approved set of results, and are confident that the Group is well positioned to create value for all our stakeholders in the short and long term."

The summary voting report and the minutes of the meeting will be made available on the Company's website (www.intercos-investor.com, "Governance" Section) within the terms of the law.

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STATEMENT BY THE MANAGER IN CHARGE FOR DRAWING UP THE CORPORATE DOCUMENTS

Pursuant to paragraph 2, article 154-bis of Legislative Decree no. 58/1998 ("Consolidated Law on Finance"), Mr. Pietro Oriani, as manager in charge of drawing up the corporate accounting documents, hereby declares that the accounting information contained in this press release corresponds to the documented results, books and accounting records.

The current press release is available on the website www.intercos-investor.com and on .

Intercos Group

Intercos, listed on Euronext Milan (ICOS), is one of the main global business to business operators in the creation, production and marketing of cosmetic products (make-up) and for skin treatment (skincare) as well as for hair and body treatment (hair & body). Intercos products target key national and international brands and emerging brands, as well as retailers active in the cosmetics market and the beauty market more generally. Founded in 1972 by Dario Ferrari, Intercos - which counts among its major customers the main players of the cosmetic industry - can count on a staff of about 5,200 employees, 11 research centres, 16 production plants and 16 sales offices located in three continents. For 50 years, Intercos has been interpreting beauty, creating cosmetic products and positioning itself as a trend setter capable of predicting, anticipating and influencing new trends in the world of cosmetics, thus satisfying the requests of all types of customers with products for all price bands.

Media Relation

Image Building Via Privata Maria Teresa, 11 20123 – Milano Tel. +39 02 89011300 intercos@imagebuilding.it

Investor Relations: Andrea Tessarolo tel. +390396551 investor.relations@intercos.com