Equita S p A : The Board of Directors of Equita Group ascertained the independence requirements of Directors and Auditors of the Company

PRESS RELEASE

THE BOARD OF DIRECTORS OF EQUITA GROUP ASCERTAINED THE INDEPENDENCE REQUIREMENTS OF DIRECTORS AND AUDITORS OF THE COMPANY

Milan, May 20, 2020

Today the Board of Directors of Equita Group S.p.A. (the "Company") ascertained, based on the declarations submitted by Directors and Auditors of the Company, that the requirements set forth by Article 13 of the Legislative Decree No. 58/98 ("TUF") are met.

The Board of Directors also verified, pursuant to Article 148, paragraph 3, of the TUF, as recalled by Article 147-ter, paragraph 1, of the TUF and criteria 3.C.1 of the Borsa Italiana's Corporate Governance Code adopted by the Corporate Governance Committee in March 2006, as amended on July 2018 ("Corporate Governance Code"), the independence of Paolo Colonna, Silvia Demartini, Massimo Ferrari and Michela Zeme, members of the Board of Directors of the Company. During the meeting, the Board of Directors was also notified that the Board of Statutory Auditors ascertained the independence requirements of Franco Fondi, Laura Acquadro and Paolo Redaelli - standing auditors of the Board of Statutory Auditors of the Company - pursuant to criteria 8.C.1 of the Corporate Governance Code.

The correct application of criteria and procedures adopted by the Board of Directors of the Company to assess and ascertain the independence of its members was verified by the Board of Statutory Auditors during the meeting.

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Equita Group	Close to Media	FinElk
Investor Relations - Andrea Graziotto	Adriana Liguori	Teresa Wincrantz
[e-mail]	[e-mail]	[e-mail]

Equita, the leading Italian independent investment bank, has been offering its expertise and insight on financial markets to professional investors, corporates and institutions for more than 45 years. The holding Equita Group, listed on the "STAR" segment of the Italian Stock Exchange, counts its managers and professionals among shareholders (with approximately 54% of the share capital) and this ensures a strong alignment of interests with investors. With its global markets activities, today Equita is the leading independent broker in Italy that offers to its institutional clients brokerage services on equities, fixed income, derivatives and ETFs. Moreover, thanks to the continuous engagement of the award winning research team - acknowledged for its top quality research - the trading floor supports investors' decisions with valuable analyses and investment ideas on Italian and European financial markets. Equita also leverages on a unique investment banking platform that combines independent strategic advice with unparalleled access to capital markets. The wide offering proposed includes advisory services in M&A, other extraordinary financial transactions, along with equity and fixed income capital raising solutions. Our aim is to best serve all clients, from large industrial groups to small and medium enterprises, from financial institutions to the public sector. Lastly, Equita Capital SGR offers to institutional investors and banking groups its asset management competences and its deep understanding of financial markets, especially in mid and small caps. The strong focus on alternative assets like private debt and the asset management strategies based on distinctive areas of expertise of the Group make Equita Capital SGR the best partner for both investors looking for interesting returns and banking groups that would like to co-develop new products for their retail networks.

EQUITA GROUP S.P.A.| VIA TURATI, 9 - 20121 MILAN | TEL. [phone] | [e-mail] | WWW.EQUITA.EU

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