Centrale del Latte d'Italia S p A : Summary account of the votes

CENTRALE DEL LATTE D'ITALIA SPA

Share Capital € 28.840.041,20 consisting of n. 14.000.020 shares

SUMMARY ACCOUNT OF THE VOTES

ORDINARY SHAREHOLDERS' MEETING HELD ON 29 APRIL 2024

EXTRAORDINARY PART

Item 1 of the agenda

Amendments to the Articles of Association and related resolutions for:

1. the adoption of a one-tier administration and control model.

Present at the meeting no. 19,556,239 voting rights equal to 76.691% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	99.999
Votes against	250	0.001
Abstentions	0	0
Not voting	0	0
Total	19,556,239	100

* * *

Amendments to the Articles of Association and related resolutions for:

1. the introduction of increased voting rights pursuant to Art. 127-quinquies, paragraph 2, of Italian Legislative Decree No. 58 of 24 February 1998 (Consolidated Law on Finance or TUF), as amended by Italian Law No. 21/2024

Present at the meeting no. 19,556,239 voting rights equal to 76.691% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,554,090	99.989
Votes against	2,149	0.011
Abstentions	0	0
Not voting	0	0
Total	19,556,239	100

* * *

Amendments to the Articles of Association and related resolutions for:

1. the introduction of the rules for attending shareholders' meetings and exercising voting rights exclusively through the appointed representative pursuant to Article 135-undecies.1 of Italian Legislative Decree No. 58/98 (TUF), as introduced by Italian Law No. 21/2024.

Present at the meeting no. 19,556,239 voting rights equal to 76.691% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,554,090	99.989
Votes against	2,149	0.011
Abstentions	0	0
Not voting	0	0
Total	19,556,239	100

* * *

ORDINARY PART

Item 1 of the agenda

Report on operations and financial statements as at 31 December 2023, report of the Board of Statutory Auditors. Related resolutions.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Item 2 of the agenda

Allocation of the profit for the year. Related resolutions.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Item 3 of the agenda

Report on the remuneration policy and on the remuneration paid pursuant to art. 123-ter of Italian Legislative Decree no. 58 of 24 February 1998 (TUF):

1. Binding vote on Section I.

Present at the meeting no. 19,556,239 voting rights equal to 76.691% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,554,090	99,989
Votes against	2,149	0,011
Abstentions	0	0
Not voting	0	0
Total	19,556,239	100

* * *

1. Advisory vote on Section II.

Present at the meeting no. 19,556,239 voting rights equal to 76.691% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,554,090	99,989
Votes against	2,149	0,011
Abstentions	0	0
Not voting	0	0
Total	19,556,239	100

* * *

Item 4 of the agenda

Subject to the approval of the new text of the Articles of Association under item 1.a. on the agenda of the Shareholders' Meeting in extraordinary session:

1. Determination of the number of members of the Board of Directors.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Subject to the approval of the new text of the Articles of Association under item 1.a. on the agenda of the Shareholders' Meeting in extraordinary session:

1. Determination of the term of office of the Board of Directors and the Management Control Committee.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Subject to the approval of the new text of the Articles of Association under item 1.a. on the agenda of the Shareholders' Meeting in extraordinary session:

1. Appointment of the Directors and members of the Management Control Committee

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Subject to the approval of the new text of the Articles of Association under item 1.a. on the agenda of the Shareholders' Meeting in extraordinary session:

1. Determination of the remuneration due to the Directors and members of the Management Control Committee.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Item 5 of the agenda

Authorisation to purchase and dispose of treasury shares. Related resolutions.

Present at the meeting no. 19,555,989 voting rights equal to 76.690% of the no. 25,500,171 total voting rights.

	TOTAL VOTING RIGHTS	% ON VOTING RIGHTS REPRESENTED AT THE MEETING
Votes for	19,555,989	100
Votes against	0	0
Abstentions	0	0
Not voting	0	0
Total	19,555,989	100

* * *

Turin, 02.05.2024