Press Release

GAROFALO HEALTH CARE S.P.A.: TREASURY SHARE BUY-BACK ANNOUNCEMENT

Rome, July 27, 2020- Garofalo Health Care S.p.A. ("GHC"), listed on the MTA segment of the Italian Stock Exchange (LEI code 815600C851C90CAE6438), with regards to the treasury share buy-back programme authorized by the Shareholders' Meeting of May 24, 2019, as announced to the market on the same date as per Article 144-bis of Consob Regulation No. 11971/1999, announces that between July 20 and July 24, 2020, it acquired on the MTA segment of the Italian Stock Exchange 6,864 GHC shares (ISIN code: IT0005345233), equal to 0.01% of the share capital, at an average price of Euro 4.6997 per share, for a total of Euro 32,258.80.

The purchases were made through the intermediary Equita SIM S.p.A., LEI code 815600E3E9BFBC8FAA85.

Purchases of GHC shares on the MTA segment of the Italian Stock Exchange on a daily aggregated basis in this period are presented below:

Date

No. of shares acquired

Average price (Euro)

Value (Euro)

20/07/2020

663

4.7770

3,167.13

21/07/2020

813

4.7738

3,881.13

22/07/2020

2,775

4.6605

12,932.83

23/07/2020

1,176

4.6896

5,514.92

24/07/2020

1,437

4.7062

6,762.79

TOTAL

6,864

4.6997

32,258.80

Moreover, as integration to the press releases published on July 13 and July 20, 2020, the Company announces that on June 15, 2020 it acquired on the MTA segment of the Italian Stock Exchange n. 2,925 GHC shares (ISIN code: IT0005345233), equal to 0.004% of the share capital, at an average price of Euro 4.6511 per share for a total of Euro 13,604.61.

Following the above stated purchases, GHC currently holds 347,437 treasury shares, equal to 0.42% of the share capital.

The breakdown of daily transactions is presented below. Separately, also the breakdown of the above- mentioned transactions for June 15, 2020 is presented.

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: 06 68489201

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Daily purchases on MTA segment of the Italian Stock Exchange in period between July 20 and July 24, 2020.

Date

Hour

No. of shares acquired

Price (Euro)

20/07/2020

14:33:47

238

4.7800

20/07/2020

15:25:08

152

4.7800

20/07/2020

15:47:04

15

4.7900

20/07/2020

17:19:40

13

4.7800

20/07/2020

17:20:09

7

4.7800

20/07/2020

17:28:56

72

4.7500

20/07/2020

17:29:53

107

4.7800

20/07/2020

17:35:06

59

4.7800

21/07/2020

12:09:35

646

4.7800

21/07/2020

16:58:58

167

4.7500

22/07/2020

11:34:40

250

4.6900

22/07/2020

12:27:44

260

4.6500

22/07/2020

12:53:54

1,540

4.6500

22/07/2020

14:57:11

410

4.6800

22/07/2020

14:57:20

226

4.6800

22/07/2020

15:43:49

89

4.6500

23/07/2020

12:47:27

564

4.6800

23/07/2020

15:25:04

100

4.6900

23/07/2020

16:43:39

364

4.7000

23/07/2020

17:00:02

148

4.7000

24/07/2020

13:56:33

150

4.6900

24/07/2020

14:44:08

124

4.6900

24/07/2020

15:57:01

56

4.7100

24/07/2020

16:01:51

969

4.7100

24/07/2020

17:28:29

138

4.7100

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Daily purchases on MTA segment of the Italian Stock Exchange on June 15, 2020.

Date

Hour

No. of shares acquired

Price (Euro)

15/06/2020

09:38:25

570

4.6300

15/06/2020

09:38:25

430

4.6400

15/06/2020

10:41:47

1,500

4.6400

15/06/2020

10:58:39

50

4.7200

15/06/2020

14:22:06

347

4.7300

15/06/2020

17:35:12

28

4.7500

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: 06 68489201

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The GHC Group

The GHC Group, listed on the Milan Stock Exchange, is an Italian accredited private healthcare leader operating through 25 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. +39 06 68489231 - ir@garofalohealthcare.com

Website:www.garofalohealthcare.com

Press Office

Close to Media

Via Caradosso, 8 - Milan

Tel.+39 02 7000 6237

Luca Manzato - luca.manzato@closetomedia.it

Andrea Ravizza - andrea.ravizza@closetomedia.it

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: 06 68489201

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Garofalo Health Care S.p.A. published this content on 27 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2020 16:55:02 UTC