Guala Closures S p A : PROVISIONAL RESULTS OPA GUALA CLOSURES

PRESS RELEASE

PROVISIONAL RESULTS OPA GUALA CLOSURES

Alessandria, 8 June 2021 - We make reference to the press release issued on the 7th of June 2021 by Special Packaging Solutions Investments S.à r.l. ("SPSI") which disclosed to the market the preliminary results of the mandatory tender offer (the "Offer") launched by SPSI on the ordinary shares issued by Guala Closures S.p.A. ("Guala Closures" or the "Company" and such shares, the "Ordinary Shares") and currently listed on the MTA/STAR Segment.

With the abovementioned press release, SPSI informed the market that the total amount of Ordinary Shares tendered to the Offer plus the Ordinary Shares already held by SPSI is equal to no. 65,621,105 Ordinary Shares, representing 93.7% of the Company's share capital. A "change of control" pursuant to the indenture (the "Indenture") governing the Floating Rate Senior Secured Notes due 2024 issued by the Company (the "Notes") has occurred. Therefore, pursuant to the terms of the Indenture, the Company will be required to either (i) make an offer to repurchase the Notes at a price of 101%, plus accrued and unpaid interest to (but excluding) the date of purchase and additional amounts (if any) or (ii) redeem the Notes at a price equal to 100% of the aggregate principal amount of Notes, plus accrued and unpaid interest to (but excluding) the redemption date and additional amounts (if any).

The Company will timely announce such offer to repurchase or redemption (as applicable) within the timeframe required pursuant to the terms of the Indenture.

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Guala Closures Group

Guala Closures Group has more than 4,850 employees and operates in 5 continents through 30 production plants and markets its products in over 100 countries. Today the Group sells more than 17.3 billion closures yearly, with a 2020 turnover of 572 million Euros. Thanks to a policy of continuous business development and technological innovation, the Group is recognized as a global point of reference in the production of alcohol safety closures and is a leading manufacturer of aluminium closures for spirits, wines and beverages.

From August 2018, Guala Closures S.p.A. has been listed on the STAR segment of the Italian Stock Exchange, entering the FTSE Italia Mid Cap index in September 2019.

Find out more on www.gualaclosures.com

For information:

Investor Relations:

Guala Closures S.p.A.

Claudia Banfi

Tel [phone] [e-mail]

Guala Closures S.p.A.

www.gualaclosures.com

Sede Legale e stabilimento: Via Rana, 10/12 - Zona Industriale D 6 - 15122 Spinetta Marengo (AL) - Italy - Tel. [phone] - Fax [phone] Cap. Soc. Euro 68.906.646,00 - Registro Imprese - Codice Fiscale - Cod. EORI - Partita IVA IT10038620968

Stabilimento di Basaluzzo: Via Novi, 44 - 15060 Basaluzzo (AL) - Italy - Tel. [phone] - Fax [phone]

Stabilimento di Magenta: Strada per Cascina Peralza, 20 - 20013 Magenta (MI) - Italy - Tel. [phone] - Fax [phone]

Stabilimento di Termoli: Zona Industriale Pantano Basso - 86039 (CB) - Italy - Tel. [phone] - Fax [phone]

Media contact:

True Relazioni Pubbliche

Federica Menichino

Tel [phone] [e-mail]

Guala Closures S.p.A.

www.gualaclosures.com

Sede Legale e stabilimento: Via Rana, 10/12 - Zona Industriale D 6 - 15122 Spinetta Marengo (AL) - Italy - Tel. [phone] - Fax [phone] Cap. Soc. Euro 68.906.646,00 - Registro Imprese - Codice Fiscale - Cod. EORI - Partita IVA IT10038620968

Stabilimento di Basaluzzo: Via Novi, 44 - 15060 Basaluzzo (AL) - Italy - Tel. [phone] - Fax [phone]

Stabilimento di Magenta: Strada per Cascina Peralza, 20 - 20013 Magenta (MI) - Italy - Tel. [phone] - Fax [phone]

Stabilimento di Termoli: Zona Industriale Pantano Basso - 86039 (CB) - Italy - Tel. [phone] - Fax [phone]