Prima Industrie — M&A Activity 2022

Jul 11, 2022

BORSA ITALIANA - STAR segment

PRESS RELEASE

COMMENT TO STOCK TREND

Collegno (TO), July 11, 2022 – Prima Industrie S.p.A. (also the "Company"), taking into consideration the current stock trend, informs the market that, on June 22, 2022, it has received from Alpha Private Equity Funds Management Company S.à.r.l. and Peninsula Investments S.C.A. (jointly, the "Potential Investor") a notice by which the Board of Directors of the Company has been informed of the execution of separate non-binding expressions of interest between the Potential Investor, on one side, and certain shareholders of the Company, on the other side, having as object the conduct of negotiations on an exclusive basis for the possible purchase by one or more affiliates of the Potential Investor – subject to, inter alia, the satisfactory outcome of the due diligence, the entry into of binding agreements with such shareholders and the obtainment of all necessary regulatory approvals – of the respective shares of the Company resulting, in the event of completion of the purchases, in the overcoming of the threshold set forth under art. 106 of the Italian Consolidated Financial Act and therefore with subsequent launch of a mandatory tender offer under applicable law. The notice indicated as possible purchase price, identical for all shareholders of the Company, an amount of Euro 25 per share.

In consideration of the interest of the shareholders and the market in a possible transaction on the Company's shares, the Board of Directors of the Company on June 23, 2022 resolved to allow the Potential Investor to conduct a limited due diligence with the exclusion of any inside information. The due diligence is still ongoing.

The Board of Directors of course reserved the right to carry out the relevant assessments once the characteristics of any offer will have been disclosed.

PRIMA INDUSTRIE heads a Group leader worldwide in developing, manufacturing and marketing of laser systems for industrial applications, sheet metal processing machinery as well as industrial electronics, laser sources and solution for additive manufacturing.

The parent company Prima Industrie S.p.A. is listed on the Italian Stock Exchange since 1999 (MTA- STAR segment).

With over 40 years of experience, the Group has an installed base of about 14,000 machines in more than 80 countries and is positioned among the main worldwide manufacturers within its own reference market.

The Group has about 1,700 employees, manufacturing sites in Italy, Finland, USA and China and a direct commercial and after-sale presence worldwide.

Prima Industrie Group is structured on four Business Units:

Prima Power – development, production and marketing of laser and sheet metal processing (2D and 3D laser machines, laser drilling systems, punching and combined systems, bending and paneling systems);

Prima Electro – development, production and marketing of embedded electronics for industrial applications;

Convergent Photonics – development and production of diodes and laser sources, both industrial and medical;

Prima Additive – development, production and marketing of additive manufacturing solutions with Powder Bed Fusion and Laser Metal Deposition technologies.

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