IRCE S p A : Lack submission of minority lists for the election of the Board of Auditors

PRESS RELEASE

Sede in Imola (BO) - Via Lasie n.12/A

Capitale sociale € 14.626.560,00 i.v P.IVA 00707431201

Reg. delle imprese Bologna e C.F 82001030384

LACK SUBMISSION OF MINORITY LISTS FOR THE ELECTION OF THE BOARD OF AUDITORS

In compliance with Article 144-octies, paragraph 2, of Consob's Rule we hereby inform about the lack submission minority lists for the election of the Board of Auditors within the time of article 144-sexies of the Consob's Rule; is therefore set a further deadline for submission to April 6, 2023, the shares for the lists can not be less than 1.25%.

IRCE SPA

Imola, 4 April 2023

Contacts:

Investor relator: Mr. Sepriano Gianfranco

Tel. + 39 0382 77535 e-mail: [e-mail]

Head of Corporate Information: Ms. Elena Casadio

Tel. + 39 0542 661220 e-mail:[e-mail]

IRCE Group is an important player in the winding wires and electric cable sector. The production is deployed in 3 facilities in Italy (Miradolo Terme plant has been sold on 30 June 2022) and 5 facilities abroad: Nijmegen (NI), Blackburn (UK), Joinville SC (Brazil), Kochi (India) and Kierspe (Germany). The Group includes also 5 commercial companies; four of them are located outside Italy (Germany, Spain, Switzerland, Poland) and two companies currently inoperative (China and Czech Republic). The Group employed globally 650 employees.

PRESS RELEASE