Gefran S p A : 08-30-2021 SUB-DELEGATION PROXY FORM

FORM FOR

SUB-DELEGATION1

I, the undersigned

__________________________________________________________________________________________________________

Name/Company name - Surname and First name

__________________________________________________________________________________________________________

Tax codeDate of birthPlace of birthCountry of birth

__________________________________________________________________________________________________________

Home address/registered officeMunicipalityProv.

__________________________________________________________________________________________________________

Telephone E-mail

entitled to vote with (number) ________________________ ordinary shares of GEFRAN S.p.A., ("Company" or "GEFRAN"), in the

capacity of voting

Proxy for (number) ______ Shareholders holding voting rights, as per the copy of the voting proxies issued by each entitled

Shareholder.

Declaring, under my own responsibility, that the proxy form is a true copy of the original and the identity of my proxies, in the name and on behalf of the above.

SUB-DELEGATION

Studio Legale Trevisan & Associati, with registered office in Milan, Viale Majno n. 45, in the person of Mr Dario Trevisan, Sol., born in Milan on 04/05/1964 (Tax Code: TRVDRA64E04F205I), who may, in turn, be replaced by Ms Camilla Clerici, Sol., born in Genoa on 19/01/1973 (Tax Code: CLRCLL73A59D969J), or by Mr Giulio Tonelli, Sol., born in La Spezia on 27/02/1979 (Tax Code: TNLGLI79B27E463Q), or by Ms Valeria Proli, Sol., born in Novara on 24/10/1984 (Tax Code: PRLVLR84R64F952S), or Ms Raffaella Cortellino, MSc, born in Barletta (BA) on 04/06/1989 (Tax Code: CRTRFL89H44A669V), or by Mr Andrea Ferrero, Sol., born in Turin on 05/05/1987 (Tax Code: FRRNDR87E05L219F), or by Ms Tania Scatamacchia, MSc, born in Melfi (PZ) on 28/02/1987 (Tax Code: SCTTNA87B68F104C), or by Ms Beatrice Maria Mero, MSc, born in Milan on 22/06/1987 (Tax Code: MREBRC87H62F205C), or by Mr Marco Esposito, MSc, born in Monza on 30/08/1992 (Tax Code: SPSMRC92M30F704H), or Ms Chiara Bevilacqua, MSc, born in Valdagno (VI) on 03/02/1976 (Tax Code: BVLCHR76B43L551U), or by Ms Cristina Sofia Barracchia born in Trani (BT) on 05/02/1991 (C.F. BRRCST91B45L328G), or by Mr. Luca Manzoni born in Bergamo on 20/05/1984 (C.F. MNZLCU84E20A794E) or by Mr. Filippo Meucci born in Milano on 20/06/1986 (C.F. MCCFPP86H20F205M) or by Mr. Marcello Casazza born in Vigevano (PV) on 03/09/1991 (C.F. CSZMCL91P03L872S) all of whom are domiciled, for the purposes of this proxy, at Studio Legale Trevisan & Associati, Viale Majno n. 45, 20122 - Milano

to attend and vote on behalf of their delegating shareholders in the Ordinary Shareholders' Meeting of GEFRAN S.p.A. ("Company" or "GEFRAN") convened for 30 September 2021 at 17.00, in a single call, in Via Sebina, no. 74, Provaglio d'Iseo (BS).

Studio Legale Trevisan & Associati declares that it has no interest of its own in the resolution proposals being voted on. Taking into account, however, the possible contractual relationships existing with some of its substitutes and the Company and, in any case, for all legal purposes, it expressly declares that, should unknown circumstances occur, or in the event of amendment or integration of the proposals submitted to the Shareholders' Meeting, it and/or its substitutes will not express a vote other than that indicated in the instructions.

Place and Date

Signature (legible and in full)

1 Every person entitled to participate in the Shareholders' Meeting must be represented by a written delegation or sub-delegation in accordance with the provisions of the law in force, with the option of using, for this end, this sub-delegation form available on the Company's website at

https://www.gefran.com/en/gb/meetingsdedicated to this Shareholders' Meeting. The sub-delegations and proxies (and their annexes) must be

delivered to Studio Legale Trevisan & Associati, by post, at the address: Viale Majno n. 45, 20122, Milan - Italy, or by certified e-mail, at the

address: [e-mail] or e-mail:[e-mail], (Ref. "GEFRAN 2021 Meeting Proxy"), by 12 noon on 29 September 2021.

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Voting instructions:

(Section containing information for the Delegate - tick the relevant box) I, the undersigned Mr/Ms

______________________________________________________________________________ (enter the name of the delegating

shareholder or, if more than one, attach a list of the names of the respective delegating shareholders who vote uniformly for all the proxies issued to the proxy holder who will sign this form on their behalf)

or, if a legal person, alternatively

(name of organisation/company)

_________________________________________________________________________ (see above)

expressly authorises the Delegate and Substitutes to vote in accordance with the following voting instructions at the shareholders' meeting of GEFRAN ISIN code IT0003203947 convened:

in Via Sebina, n.74, Provaglio d'Iseo (BS),

for 30 September 2021 at 17.00, in a single convocation,

O.1 Approval of the distribution of
extraordinary dividends.	□ In favour	□ Against	□ Abstained

Place, Date

Signature……………………………………...........................

____________________________________________________________________________________________________________

The following documents:

1. Sub-delegation
2. Voting instructions from each delegating Shareholder
3. Copy of the identity card or equivalent document of the sub-delegating delegate
4. If the sub-delegating delegate is a legal person, a copy of a currently valid identity document of the pro tempore legal representative, or of another person with appropriate powers, together with appropriate documentation attesting to their qualifications and powers (copy of a Chamber of Commerce certificate or similar)
5. Copy of the proxies of each delegating Shareholder and sub-delegating subject
6. If the Delegating shareholder is a legal person, a copy of a currently valid identity document of the pro tempore legal representative, or of another person with the appropriate powers, together with appropriate documentation attesting to their qualification and powers (copy of a Chamber of Commerce certificate or similar document)
7. Copy of the identity card or equivalent document of each delegating Shareholder
8. Copy of the accreditation certificate of each delegating Shareholder issued by his/her bank or intermediary

must be delivered to Studio Legale Trevisan & Associati, by post, to the address: Viale Majno n. 45, 20122, Milan - Italy,

or by certified e-mail, at the address: [e-mail] or e-mail: rappresentante- [e-mail], (Ref. "GEFRAN 2021 Meeting Proxy"), by 12 noon on 29 September 2021.

Signature (legible and in full)

____________________________________________________ in the name and on behalf of each of my delegating shareholders

N.B. For any clarifications concerning the granting of proxy (and, in particular, concerning the completion of the proxy form and the Voting Instructions and their transmission), shareholders entitled to attend the Shareholders' Meeting may contact the Designated Representative at the addresses listed above and/or calling 800134679 (during working days and hours).

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INFORMATION NOTICE PURSUANT TO ARTICLES 13 AND 14 OF REGULATION (EU) 2016/679

We remind you, pursuant to Articles 13 and 14 of Regulation (EU) 2016/679 (hereinafter also referred to as the "GDPR"), that the data contained in the proxy form will be processed by Studio Legale Trevisan & Associati, (hereinafter also referred to as the "Data Controller") for the purpose of managing the proxy for the shareholders' meeting operations, in compliance with the applicable legislation on the protection of personal data.

The same data may be disclosed to the employees of the Data Controller who are specifically authorised to process them, in their capacity as Data Processors or Persons in Charge, for the pursuit of the aforementioned purposes: such data may be communicated to specific subjects to comply with legal obligations, regulations or Community legislation, or on the basis of provisions issued by Authorities authorised to do so by law or by supervisory and control bodies. Moreover, for the pursuit of the above-mentioned purposes, the Data Controller may need to communicate your personal data to third parties such as, for example, Studio Legale Trevisan & Associati and/or the Company.

Consent is mandatory; without consent to data processing it will not be possible for the delegate to attend the Assembly.

The Data Controller is Studio Legale Trevisan & Associati, with offices in Viale Majno 45 and domicile also in Corso Monforte 36, 20122 Milan.

The Data Controller can be contacted at the following addresses:

• Studio Legale Trevisan & Associati, Viale Majno 45, 20122 Milan;
• [phone] / [phone]

The processing of personal data shall take place in compliance with the provisions of the GDPR, by means of paper, computer and telematic tools, with logic strictly related to the purposes indicated and, in any case, with methods suitable to guarantee their security and confidentiality in accordance with the provisions of Article 32 of the GDPR. Your personal data will be processed for the time necessary to carry out the purposes of the processing described above, after which they will be stored, where necessary, for the period of time established by the regulations in force.

The data subject has the right to exercise the rights referred to in Articles 15 to 21 of the GDPR, i.e. to know, at any time, what data the Company holds about him/her, their origin and how they are used, to request that they be updated, corrected, completed or deleted, blocked, to request their portability or to object to their processing by contacting the above-mentioned addresses.

The data subject also has the right to withdraw his/her consent and to lodge a complaint with the Italian Data Protection Authority, Piazza Venezia 11, 00187, Rome (RM).

The above rights may be exercised vis-à-vis the Data Controller by contacting the references indicated at the beginning of this notice.

The exercise of your rights as a Data Subject is free of charge in accordance with Article 12 of the GDPR. However, in the event of a request that is manifestly unfounded or excessive, including due to its repetition, the Data Controller may charge a reasonable fee, in light of the administrative costs incurred in handling the request, or reasonably refuse to grant the request.

Place and Date

Signature (legible and in full)

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