Seri Industrial S p A : The General Shareholders' Meeting of 7 May 2024

MUNICATOTAMPA

PRESS RELEASE

Seri Industrial S.p.A.:

The Shareholders' Meeting has been held today in the HQ of San Potito Sannitico (CE) and has deliberated as follows:

• The approval of the 2023 financial statements, with a net income of Euro 7.2 million
• The approval of the Report on the Remuneration Policy, with a favorable vote on the remuneration paid
• The appointment of the Board of Statutory Auditors for the years 2024-2026

San Potito Sannitico, 07 May 2024 -Seri Industrial S.p.A. (the "Company") announces that, on today's date, the Shareholders' Meeting (the "Shareholders' Meeting"), convened in ordinary session in single call, which has voted favorably on the agenda.

1. Approval of Financial Statements at 31 December 2023

The Shareholders' Meeting, having read the draft financial statements and consolidated financial statements at 31 December 2023, the reports of the Board of Directors, the Board of Statutory Auditors and the Independent Auditors, has deliberated to approve the financial statements at 31 December 2023, together with the report of the Board of Directors on management, which resulted in a net income of € 7,234,759.

The Shareholders' Meeting then resolved to allocate the net income equal to € 7,234,759 as follows (i) € 362,000 to Legal Reserve and (ii) € 6,872,759 to Retained earnings.

2. Approval of the Remuneration Policy

The Shareholders' Meeting also approved the first section (Remuneration policy) and the second section (Remuneration paid) of the report on remuneration policy, drawn up pursuant to art. 123-ter, paragraph 3, of D.Lgs. 24 February 1998, n. 58.

3. Appointment of the members of the Board of Statutory Auditors for the years 2024-2026

The Shareholders' Meeting has appointed the Board of Statutory Auditors which will remain in office for three financial years, until the Shareholders' Meeting that will be convened for the approval of Financial Statements at 31 December 2026.

On the basis of the only list submitted by the majority shareholder Industrial S.p.A., the following candidates are elected as members of the Board of Statutory Auditors: Prof. Matteo Caratozzolo, for whom the position of President has been confirmed; Dr. Daniele Cauzillo and Dr. Susanna Russo, for whom the position of Statutory auditor has been confirmed. Dr. Lucio Cercone and Dr. Anna Maria Melenchi are confirmed as Substitute auditors. The Shareholders' Meeting has appointed an annual compensation equal to € 60,000 for the President of the Board of Statutory Auditors and equal to €40,000 for each standing auditor.

A copy of the CV of the members of the appointed Board of Statutory Auditors is available to the public on the company's website at the section Governance/Board of Statutory auditors.

Seri Industrial S.p.A. is a company listed on the EXM market of Borsa Italiana. Seri Industrial's mission is to accelerate the energy transition to sustainability and decarbonisation.

The Group operates through two companies: (i) Seri Plast, active in the processing of plastic materials for the battery market, automotive, packaging and thermo-sanitary sector; (ii) FIB, active, through the FAAM brand, in the production and recycling of lead and lithium batteries for traction, industrial, storage and military applications, as well as in the design of plants for the recycling of batteries.

For further information:

Investor Relator

Marco Civitillo

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