Saras : Financial Calendar for the year 2019

SARAS: Financial Calendar for the year 2019

Milan, 16th January 2019 - Here below Saras SpA Financial Calendar for the year 2019:

Approval of Saras SpA Draft financial statements as of 31st December 2018, Consolidated financial statements and Business Plan 2019 - 2022	Board of Directors, Press Release and Conference Call	Monday 4th March 2019
Approval of Saras SpA financial statements as of 31st December 2018	Shareholders' Meeting and Press Release	Tuesday 16th April 2019
Approval of Interim financial Report as of 31st March 2019 (*)	Board of Directors, Press Release and Conference Call	Monday 13th May 2019
Approval of Half-Year financial Report as of 30th June 2019	Board of Directors, Press Release and Conference Call	Tuesday 30th July 2019
Approval of Interim financial Report as of 30th September 2019 (*)	Board of Directors, Press Release and Conference Call	Monday 4th November 2019

(*) It is noted that the Board of Director of 10th January 2017, pursuant to art. 82-ter of the Issuers' Regulations, resolved to continue to publish, on a voluntary basis, also the first and third quarter financial information, in order to ensure information continuity to the financial community in line with previous quarterly disclosure. The quarterly financial information will contain quantitative key performance indicators, calculated in coherence with the ones provided during the Half-Year and Full Year financial Reports, as follows: Revenues, EBITDA (comparable and reported), EBIT (comparable and reported), Net Result (comparable and reported), Group Net Financial Position and CAPEX. Moreover, disclosure will concern also the Interim Consolidated Financial Statements and their Explanatory Notes, as well as the usual comments on the Group's and its Segments performance and, if necessary, any additional information intended to define the outlook of the business.

In the above-mentioned dates the Board of Directors' meeting will be held during the morning and the subsequent Press Release will be published shortly after its conclusion. The Conference Call for the presentation of the results to the financial community will be held in the afternoon. All documents will be distributed to the public using the System for Regulated Information referred to as "SDIR-1Info", and afterwards they shall become available on the Company's website, and also on the "1Info" authorised storage mechanism.

In accordance with the Instructions accompanying the Rules of the Markets organised and managed by Borsa Italiana S.p.A., aimed at facilitating operations on the derivatives market (IDEM), Saras S.p.A. announces that any payment of dividends will be made in May. This communication is being made for the sole purpose of complying with the above requirements and has no forecasting significance as to the existence of the conditions for the dividend distribution.

Any amendment to the above Financial Calendar will be duly notified.

This press release has been prepared pursuant to the Regulation implementing Legislative Decree no. 58 of 24th February 1998, adopted by CONSOB under resolution no. 11971 of 14th May 1999, as amended and supplemented. It is available to the public on the Company's website under "Investor Relations/Financial News/Press Releases", and also on the "1Info" authorised storage mechanism.

Saras Investor Relations

Tel + 39 02 7737 [e-mail]

THE SARAS GROUP

The Saras Group, founded by Angelo Moratti in 1962, has approximately 1,900 employees and total revenues of about 7.7 billion Euros as of 31st December 2017. Today, the Group is a leading European crude oil refiner and it is active also in the energy sector. It sells and distributes petroleum products in the domestic and international markets, directly and through its subsidiaries. The Group also operates in the production and sale of electricity, through its subsidiaries Sarlux Srl (IGCC plant) and Sardeolica Srl (Wind plant). Moreover, the Group provides industrial engineering and research services to the oil, energy and environment sectors through its subsidiary Sartec Srl.