Fine Foods & Pharmaceuticals N T M S p A : NOTICE OF CHANGE IN SHARE CAPITAL AFTER THE EXERCISE OF WARRANTS FOLLOWING THE FULFILMENT OF THE ACCELERATION CONDITION DATED 31 MAY 2021

NOTICE OF CHANGE IN SHARE CAPITAL

AFTER THE EXERCISE OF WARRANTS FOLLOWING THE FULFILMENT OF THE

ACCELERATION CONDITION DATED 31 MAY 2021

Verdellino (BG), 30 June 2021

Fine Foods & Pharmaceuticals N.T.M. S.p.A. ("Fine Foods" or the "Company"), referring to the "Acceleration Notice" made on 31 May 2021, announces that 30 June 2021 was the "Time Limit" for the exercise of Warrants, under the "Fine Foods & Pharmaceuticals N.T.M. S.p.A. Warrants Regulations." (the "Regulations"). By this deadline, requests for the exercise of 2,371,242 Warrants with an Exercise Ratio of 0.2713 had been received. The Company issued 643,303 ordinary shares to 64,330.30, under the procedures set out in the Regulations.

22,770,445.02 divided into 22,060,125 Ordinary Shares and 3,500,000 Multiple-Voting Shares, all without nominal value.

The new composition of the Fine Foods & Pharmaceuticals N.T.M. S.p.A share capital is:

	PREVIOUS SHARE CAPITAL	CURRENT SHARE CAPITAL
KIND OF SHARES	NR. OF	EURO	UNITARY	NR. OF	EURO	UNITARY
SHARES	NOMINAL VALUE	SHARES	NOMINAL VALUE
Ordinary shares	21,416,822	19,516,646.92		22,060,125	19,652,441.58
Unlisted multiple voting shares	3,500,000	3,189,467.80	NO UNITARY	3,500,000	3,118,003.44	NO UNITARY
NOMINAL VALUE	NOMINAL VALUE
Total	24,916,822	22,706,114.72		25,560,125	22,770,445.02

	Exercised warrant	Residual warrants in circulation
WARRANT FINE FOODS &	4,318,248	0
PHARMACEUTICALS NTM S.p.A.

Under the Regulations, unexercised Warrants will forfeit all rights and become invalid.

Today the request for registration of the new share capital composition, which includes the change in this press release, was filed with the Companies Register.

Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Sede legale: 24040 Zingonia-Verdellino (BG) via Berlino, 39 - tel. [phone] fax [phone] - www.finefoods.it - E-mail:[e-mail]

Cap. Soc. euro 22.706.114,72 i.v. - P.IVA IT 09320600969 - Registro Imprese e Cod.Fisc. 09320600969

A copy of the current Articles of Association is available on the company's website at www.finefoods.it, in the Investor relations / Corporate Governance / Corporate Documents section.

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A copy of the Fine Foods (formerly "WARRANT INNOVA ITALY 1 S.P.A.") Warrants Regulations is available on the company's website at www.finefoods.it, in the Investor relations / IPO / HISTORY section.

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This press release is available on the Fine Foods website www.finefoods.it, in the Investor relations / Press Releases section.

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Fine Foods & Pharmaceuticals N.T.M. S.p.A., founded in 1984, is the leading independent Italian company in the contract development and manufacturing organisation (CDMO) of solid oral forms for the pharmaceutical and nutraceutical industries. The company is recognised on the market for its high-quality products and has long-term relationships with most of its customers (more than one hundred). It has more than 600 employees and has generated revenues for about 172 million Euros with over 60 per cent of its sales volumes abroad in 2020.

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For information:
Fine Foods & Pharmaceuticals N.T.M. S.p.A.	Banca Akros S.p.A.
Investor Relations	Nomad
tel. [phone]	Viale Eginardo 29, Milan
[e-mail]	[e-mail]
CDR Communication
IR Advisor
Paola Buratti
[e-mail]
Media Relations
Marianna Tremolada
[e-mail]

Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Sede legale: 24040 Zingonia-Verdellino (BG) via Berlino, 39 - tel. [phone] fax [phone] - www.finefoods.it - E-mail:[e-mail]

Cap. Soc. euro 22.706.114,72 i.v. - P.IVA IT 09320600969 - Registro Imprese e Cod.Fisc. 09320600969