Carraro Group: The Shareholders’ Meeting approves the 2019 Financial Statements.

• 2019 consolidated turnover at 548.8 million Euros
• Consolidated EBITDA equal to 42.7 million Euros (7.8% of turnover)
• Consolidated EBIT equal to 22.5 million Euros (4.1% of turnover)
• Consolidated net profit equal to 8.1 million Euros (1.5% of turnover)
• Consolidated net financial position as at 31.12.2019 negative for 123.6 million Euros

Campodarsego (Padua), 17 March 2020 - The Shareholders' Meeting of Carraro SpA, global leader in transmission systems for off-highway vehicles and specialised tractors, today approved - under the chairmanship of Enrico Carraro - the Financial Statements 2019.