Elica S p A : PUBLICATION OF THE MINUTES OF THE SHAREHOLDERS’ MEETING HELD ON OCTOBER 30TH,2020

PRESS RELEASE

ELICA S.p.A.

MINUTES OF THE BOARD OF DIRECTORS AND NEW BY LAWS DEPOSIT

Fabriano, 13 novembre 2020- It is noted that the minutes of the Board of Directors of October 30, 2020, in extraordinary form, which approved the amendments to the Articles of Association in compliance with the legislation in force on the subject of gender quotas, in order to ensure the presence in the corporate bodies of members of the less represented gender to the extent of at least two fifths of the total, as well as the amended by-laws have been filed and are available to anyone who requests them at the Company's registered office, at the 1Info storage mechanism atwww.1info.it available on the Company's website, at the following linkhttps://elica.com/corporation/en/corporate-governance .

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The Elica Group has been active in the kitchen hood and stoves market since the 1970's. Chaired by Francesco Casoli and led by Mauro Sacchetto, today it is the world leader in terms of units sold. It is also a European leader in the design, manufacture and sale of motors for central heating boilers. With approx. 3,700 employees, the Elica Group has seven plants, including in Italy, Poland, Mexico, India and China. With many years' experience in the sector, Elica has combined meticulous care in design, judicious choice of materials and cutting-edge technology guaranteeing maximum efficiency and reducing consumption, making Elica the prominent market figure it is today. The company has revolutionized the traditional image of the kitchen cooker hood: it is no longer seen as simple accessory but as a design object which improves quality of life.

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For further information:

Investor Relations Elica S.p.A.:

Giulio Cocci - Group Chief Financial Officer

Francesca Cocco - Lerxi Consulting - Investor Relations Tel: [phone]

E-mail:[e-mail]

Press Office Elica S.p.A.:

Gabriele Patassi - Press Office Manager Mob: [phone]

E-mail:[e-mail]

Image Building:

Tel: [phone]

E-mail:[e-mail]

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