Technogym — Board/Management Information 2021

May 7, 2021

Informazione Regolamentata n. 1845-26-2021		Data/Ora Ricezione 07 Maggio 2021 18:34:35	MTA
Societa'	:	TECHNOGYM
Identificativo Informazione Regolamentata	:	146750
Nome utilizzatore	:	TECHNOGYMNSS01 - -
Tipologia	:	3.1
Data/Ora Ricezione	:	07 Maggio 2021 18:34:35
Data/Ora Inizio Diffusione presunta	:	07 Maggio 2021 18:34:36
Oggetto	:	Appointment of the CEO and assignation of operating powers
Testo del comunicato

Vedi allegato.

SEDE LEGALE IN CESENA, VIA CALCINARO, 2861 CAPITALE SOCIALE EURO 10.066.375,00 INTERAMENTE SOTTOSCRITTO E VERSATO NUMERO DI ISCRIZIONE NEL REGISTRO DELLE IMPRESE DI FORLÌ-CESENA 315187 E CF 06250230965

Appointment of the CEO and assignation of operating powers

The Board of Directors:

• Appoints Nerio Alessandri as Chief Executive Officer
• Grants the Vice Chairman Pierluigi Alessandri and the Director Carlo Capelli with operating powers
• Appoints the members of the internal Committees

Cesena, May 7 th , 2021 – The Board of Directors of Technogym S.p.A. (MTA: TGYM) (the "Company"), appointed by the Shareholders' Meeting held on May 5th , 2021, met today and proceeded to the appointment of corporate offices and the assignment of operating powers to its members.

In particular, the Board appointed, for the entire duration of his mandate and therefore until the approval of the financial statements as of December 31, 2023, the Chairman Mr. Nerio Alessandri as Chief Executive Officer of the Company and Mr. Pierluigi Alessandri as Vice Chairman, granting them and the Director Mr. Carlo Capelli with the necessary operating powers. The Director Mr. Carlo Capelli has also been appointed as director responsible for the internal control and risk management system.

The Board of Directors, on the basis of the available information and the declarations received, has also ascertained the possession by all Directors of professionalism and integrity requirements, as required by applicable laws, and has verified the existence of the independence requirements provided for by the applicable provisions of the Legislative Decree 58/98 and the Corporate Governance Code of listed companies with reference to Directors Maria Cecilia La Manna, Francesca Bellettini, Vincenzo Giannelli, Chiara Dorigotti, Melissa Ferretti Peretti and Luca Martines. The Board of Statutory Auditors has verified the correct application of the criteria and procedures adopted by the Board of Directors to assess the independence of its members.

In accordance with Recommendation no. 13 of the Corporate Governance Code of listed companies, the Board appointed Ms. Maria Cecilia La Manna as lead independent director called to perform the functions referred to in Recommendation no. 14 of the abovementioned Code.

The Board of Directors also appointed the members of the Control and Risk and Sustainability Committee, the Nomination and Remuneration Committee - approving the relevant rules of procedure – and the Related Parties Transactions Committee as follows.

The Control and Risk and Sustainability Committee is composed by Ms. Maria Cecilia La Manna (Chairman), Mr. Maurizio Cereda (Vice Chairman) and Ms. Chiara Dorigotti.

The Nomination and Remuneration Committee is composed by Mr. Vincenzo Giannelli (Chairman), Ms. Melissa Ferretti Peretti (Vice Chairman) and Mr. Luca Martines.

The Related Parties Transactions Committee is composed by Ms. Maria Cecilia La Manna (Chairman), Ms. Chiara Dorigotti (Vice Chairman) and Mr. Luca Martines.

Finally, the Board appointed the members of the new Supervisory Body up to the date of the approval of the Company's financial statements as at December 31, 2023 in the persons of Giuliano Boccanegra, Riccardo Pinza, and Lawyer Andrea Ciani as Chairman.

Media Relations contacts

Technogym Press Office - Enrico Manaresi emanaresi@technogym.com - +393403949108

Technogym Investor Relator – Enrico Filippi investor\_relations@technogym.com - +390547650111

Tancredi Communications – Giovanni Sanfelice di Monteforte giovanni@tancredigroup.com - +447775858152

Notes to the press release

Technogym

Founded in 1983, Technogym is a world-leading international supplier of products, services and solutions in the fields of fitness and wellness. With over 2,000 employees and 14 branches in Europe, the United States, Asia, Middle East, Australia and South America, the company exports 90% of its production to over 100 countries. Technogym was the official supplier for the last seven Olympic Games: Sydney 2000, Athens 2004, Turin 2006, Beijing 2008, London 2012, Rio 2016 and PyeongChang 2018, and have just been appointed as Official Supplier of the forthcoming Tokyo 2020 Olympics.

Safe Harbor Statement

Certain statements in this press release could constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. The statements in question refer to risks, uncertainties and other factors that could lead to actual results which differ, even substantially, from those forecast. Such risks and uncertainties include, for example, the ability to manage the effects of the current uncertain international economic scenario, ability to acquire new assets and integrate them effectively, ability to forecast future economic conditions and changes in consumer preferences, ability to successfully introduce and market new products, ability to maintain an efficient distribution system, ability to achieve and manage growth, ability to negotiate and maintain favorable license agreements, currency fluctuations, changes in local conditions, ability to protect intellectual property, problems with information systems, risks associated with inventory, credit and insurance risks, changes in tax regulations, and likewise other political, economic, legal and technological factors and other risks and uncertainties already mentioned in our Consob filings. These forward-looking statements were released as at today's date and we accept no liability for updating.