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Seco Share Issue/Capital Change 2022

Jun 1, 2022

4185_agm-r_2022-06-01_d9ac6101-323e-40d9-a2dc-5ac2142da643.pdf

Share Issue/Capital Change

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Informazione
Regolamentata n.
2358-66-2022
Data/Ora Ricezione
01 Giugno 2022
17:10:03
Euronext Star Milan
Societa' : SECO
Identificativo
Informazione
Regolamentata
: 163157
Nome utilizzatore : SECON02 - Parisi
Tipologia : REGEM
Data/Ora Ricezione : 01 Giugno 2022 17:10:03
Data/Ora Inizio
Diffusione presunta
: 01 Giugno 2022 17:10:04
Oggetto : Board of Directors of May 30, 2022:
resolutions adopted and filing of the
minutes and the amended Articles of
Association
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Endless ways to the future

Board of Directors of May 30, 2022: resolutions adopted and filing of the minutes and the amended Articles of Association

Arezzo, June 1, 2022 – SECO S.p.A. (the "Company") gives hereby notice that the Board of Directors was held on May 30, 2022, chaired by Chairman Daniele Conti.

Resolutions

The Board of Directors, in partial execution of the power attributed by the Extraordinary Shareholders' meeting of November 22, 2021, resolved a paid share capital increase, for Euro 77,483.78, through the emission of 7,971,583 ordinary shares without par value having the same characteristics as those outstanding on the issue date, at the price of Euro 6.2722 per share, of which Euro 6.26248 as share premium, for a total amount of Euro 49,999,362.8926. Pursuant to Article 2441, paragraph 4 of the Italian Civil Code, this capital increase is reserved to the company Camozzi Digital S.r.l. and to be paid, within the deadline of September 30, 2022, by means of a contribution in kind of the business unit relating to technological solutions for the digitalization of industrial processes. It is also resolved the consequent amendment to art. 6.10 of the Article of Association.

In light of the foregoing, the Board of Directors, pursuant to Article 2343-quater, paragraph 3 of the Italian Civil Code, as referred to in Article 2443, paragraph 4 of the Italian Civil Code, has confirmed the description of the business unit contained in the valuation report, the value attributed to the business unit, the valuation method chosen and the relative source, as well as the suitability of professionalism and independence requirements of the expert who drafted the valuation. It was also certified that the value attributed to the business unit is at least equal to that attributed to it for the purpose of determining the capital ex-increase and the determined premium.

Documents

The minutes of the Board of Directors of SECO S.p.A., held on May 30, 2022, and the Articles of Association amended by the same Board of Directors are publicly available at the Company's registered office in Arezzo, via Achille Grandi, 20 and on the authorised storage system eMarket Storage ().

The documents are also available on the Company's website www.seco.com, under the "Investors > Corporate Governance > Shareholders' meeting" and "Investors > Corporate Governance" pages of the "Corporate Governance" section, respectively.

Endless ways to the future

PRESS RELEASE

Description of SECO

SECO (IOT.MI) develops and manufactures cutting-edge technological solutions, from miniaturized computers to fully customized integrated systems combining hardware and software. SECO also offers Clea, a proprietary end-to-end IoT-AI analytics software suite, made available on a SaaS basis, that allows clients to gather insightful data from their on-field devices in real time. SECO employs almost 800 people worldwide and operates through 5 production plants, 9 R&D hubs and sales offices in 9 countries. SECO serves more than 300 blue-chip customers which are leaders in their respective fields, including Medical, Industrial Automation, Aerospace & Defense, Fitness, Vending and many other sectors. SECO R&D capabilities are further enhanced by long-lasting strategic partnerships with tech giants and collaborations with universities, research centers, and innovative start-ups. Corporate social responsibility is part of the strategy of SECO, that undertakes several actions to reduce its environmental footprint and increase its impact on its people and local communities.

For more information:http://www.seco.com/

Contacts

SECO SpA Marco Parisi Head of Investor Relations Tel. +39 0575 26979 [email protected] COMMUNITY GROUP Marco Rubino Tel. +39 335 6509552 Marco Tansini Tel. +39 335 1899228 [email protected]