Esprinet S p A : Assignment of shares to some beneficiaries in execution of the “Long Term Incentive Plan 2018-20”

Press release in accordance with Consob Regulation no. 11971/99

Esprinet S.p.A.

Assignment of shares to some beneficiaries in execution of the

"Long Term Incentive Plan 2018-20"

Vimercate (Monza Brianza), April 19, 2021 - We inform, pursuant to art. 84-bis paragraph 5 of the Consob Regulation no. 11971/99 and subsequent amendments, that due to the presentation of the Consolidated Financial Statements of the Esprinet Group on April 7, 2021, taking into account the achievement of the financial targets of the Esprinet Group in the fiscal years 2018-2020, the rights of free assignment of ordinary shares of Esprinet SpA referred to in the "Long Term Incentive Plan" approved by the Shareholders' Meeting on May 4, 2018 (the "Plan") have become exercisable.

Consequently, as of today, a total of no. 269,000 ordinary shares of Esprinet S.p.A., through the use of shares already available, are assigned to some of Esprinet's executives.

Total number of own shares declines to n. 352,314 or 0.69% of share capital.

The other beneficiaries of the Plan will have the opportunity to exercise their right to the free assignment of ordinary shares of Esprinet S.p.A. within 60 days from the date of the meeting held on April 7, 2021.

A lock-up restriction on 20% of the shares has been put to disposal for a one-year period since the date of the assignment

Informations regarding the beneficiaries and respective rights assigned can be found in the attached table which has been prepared in accordance with the indications stated in Table n. 1, Form 7 of Annex 3A of Regulation n. 11971/1999, and will be updated with the indication of the additional beneficiaries at the end of the period for exercising the right to assignment referred to above.

The features of the Plan were disclosed in the Information Document drawn up on 21 March 2018, and subsequently integrated, in accordance with the indications contained in scheme 7 of Annex 3A to the Issuers' Regulation.

The aforementioned Information Document relating to the "Long Term Incentive Plan 2018-20" containing all the detailed information in compliance with current regulations, is available to the public at the Esprinet's registered office and published on the Company's website (www.esprinet.com), Investors section.

Attachments: Table no. 1 of scheme 7 of Annex 3A of the Issuers' Regulation no. 11971/1999.

COMPENSATION PLAN BASED ON FINANCIAL INSTRUMENTS

Annex 3A, Schedule 7, Table 1 of the Issuers' Regulations (Resolution 11971/1999)

					PART 1
				Financial instruments other options (Stock grant)
					SECTION 2
	Qualification			New instruments allocated according to the decision:
Name or	(only with
regard to the		of the competent body to implement the Shareholders' meeting resolution
category
persons listed
	by name)			Number of the			Date of
		Date of the	Description of	financial			the	Description of
		relevant	the instrument	instruments	Date of	Possible	relevant	the instrument
		Shareholde		allocated for	purchase	Sharehold
			assignment by
		rs' meeting		each person or	price of the	ers'
			the Board of
		resolution		category by the	instruments	meeting
			Directors or the
				B.o.D or the		resolution
				competent body
				competent body
Giovanni Testa	Chief Operating	04/05/2018	Esprinet S.p.A.	75,000	BoD 14/05/2018	Without	3.58	June 25, 2018
	Officer		ordinary			consideration		April 7, 2021
			shares
Esprinet's		04/05/2018	Esprinet S.p.A.	194,000	BoD 14/05/2018	Without	3.58	June 25, 2018
Executives			ordinary			consideration		April 7, 2021
			shares