GHC: change in share capital and total number of votes announcement

Press Release

GAROFALO HEALTH CARE S.P.A.: CHANGE IN SHARE CAPITAL AND TOTAL NUMBER OF VOTES ANNOUNCEMENT

ON CONCLUSION OF THE SHARE CAPITAL INCREASE THE COMPANY CONFIRMS ITS INTENTION

TO LAUNCH STAR SEGMENT ADMISSION REQUEST PROCESS

Rome, January 26, 2021- Garofalo Health Care S.p.A. ("GHC"), listed on the MTA segment of the Italian Stock Exchange, announces its new fully subscribed and paid-in share capital structure on completion of the private placement, through an accelerated bookbuilding procedure, carried out by the Joint Global Coordinators Credit Suisse and Equita, of n. 8,200,000 newly issued ordinary shares, without par value, from the share capital increase with exclusion of pre-emption rights as per Article 2441, paragraph 4, second section, of the Civil Code approved by the Board of Directors on January 20, 2021 and announced to the market on January 20 and 21, 2021.

The Company confirms that the majority shareholder, Ms. Maria Laura Garofalo, also following the sale of her n. 300,000 shares carried out at the same time of the share capital increase, intends to waive the loyalty voting rights accruing to her so as to ensure that the 35% minimum free float requirement for entry to the STAR segment is met. The Company therefore confirms its intention to launch the STAR segment admission request process.

Share capital: updated situation1)

Share capital: previous situation1)

Number of

Number of

Euro

shares

Number of

Euro

shares

Number of

(shares without

(shares without

comprising

voting rights

comprising

voting rights

par value)

par value)

share capital

share capital

Total:

31,570,000

90,200,000

150,110,000

28,700,000

82,000,000

141,960,000

Of

which:

ordinary

10,601,500

30,290,000

30,290,000

7,714,000

22,040,000

22,040,000

shares

(ISIN:

IT0005345233)

Of

which:

ordinary

shares

with

20,968,500

59,910,000

119,820,000

20,986,000

59,960,000

119,920,000

loyalty

voting

rights

(ISIN:

IT0005345266)

All Shares have full rights (date: 1/1/2021, coupon No. 1). The information required by Article 143-quater of the Issuers' Regulation adopted by Consob with motion No. 11971/1999, is available on the Company's website www.garofalohealthcare.com, in the "Governance / Loyalty shares" section.

The statement of change to the share capital was filed at the Rome Companies Registration Office on January 26, 2021.

The updated Company By-Laws are available to the public at its registered office (Piazzale delle Belle Arti No. 6, Rome), on the eMarket STORAGE authorised storage mechanism (www.emarketstorage.com) and on the Company website (www.garofalohealthcare.com, Governance section).

1. Including treasury shares
   Garofalo Health Care S.p.A. - Share Capital: Euro 31,570,000 fully paid-in Economic & Administrative Register No.: Rome No. 947074 - VAT NO.

03831150366 - TAX NO. 06103021009

Registered office: Piazzale delle Belle Arti, 6 - 00196 Rome - Switch: 06 684891 - Fax: [phone]

1

* * *

The GHC Group

The GHC Group, listed on the Milan Stock Exchange, is an Italian accredited private healthcare leader operating through 26 healthcare clinics demonstrating excellence, located in Italy's strongest regions and offering a comprehensive range of services covering all areas of healthcare thanks to diversified specialties, the use of cutting-edge technologies and highly-qualified personnel. The Group in fact operates across eight regions in Northern and Central Italy (Piedmont, Lombardy, Veneto, Friuli-Venezia Giulia, Emilia Romagna, Liguria, Tuscany and Lazio), covering in the hospital sector acute admissions, long hospitalization, post-acute rehabilitations and outpatient services (the "Hospital Sector"), and in the regional and social-care sector covering residential admissions and district outpatient services (the "Dependency Care Sector").

* * *

FOR FURTHER DETAILS:

Garofalo Health Care S.p.A.

Mimmo Nesi - Investor Relator

Tel. [phone] - [e-mail]

Website:www.garofalohealthcare.com

Press Office

Close to Media

Via Caradosso, 8 - Milan

Tel.[phone]

Luca Manzato [e-mail]

Andrea Ravizza [e-mail]

Garofalo Health Care S.p.A. - Share Capital: Euro 31,570,000 fully paid-in Economic & Administrative Register No.: Rome No. 947074 - VAT NO.

03831150366 - TAX NO. 06103021009

Registered office: Piazzale delle Belle Arti, 6 - 00196 Rome - Switch: 06 684891 - Fax: [phone]

2