Newlat Food S p A : Correction to the internal dealing communications

Head office: Via J. F. Kennedy, 16 - 42124 Reggio Emilia - Telephone: [phone] Fax: [phone]

Share Capital € 43,935,050.00 fully paid-up - Economic and Administrative Index of Reggio Emilia (REA) no. 277595 - VAT and Tax ID 00183410653

Company subject to management annd coordination by Newlat Group S.A. pursuant to articles 2497 et seq. of the Ittalian Civil Code.

PRESS RELEASE

CORRECTION TO THE INTERNAL DEALING COMMUNICATIONS

MADE FROM 31.07.2020 TO 12.10.2020

Reggio Emilia, 12 November 2020 - The company Newlat Food S.p.A. ("Newlat Food" or the "Company") informs that the inteernal dealing communications made from 31 Juuly 2020 to 12 October 2020, relating to the purchase of n. 75,000 shares, shall be understood as buyback transactions as authorized by the Shareholders' meeting of 29 April 2020.

This press release is drafted by the Company, following a CONSOB reporting, in order to clarify that the above internal dealing communicaations were carried out by mere clerical error and that the buyback transactions were duly disclosed to the market on 1 September 2020, 1 October 2020 and 2 November 2020 in accordance with the Issuers' Reguulation, by way of the Annex 3F model.

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This press release is available on the Company's website www.newlat.itand onn the authorized storage mechanism eMarket Storage at the following address www.emarketstorage.com.

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FOR MORE INFORMATION:

Investors

Benedetta Mastrolia

NEWLAT FOOD INVESTOR RELATOR

Mob. [phone]

[e-mail]

Press Office

Stefania Forte

Tel. [phone]

[e-mail]

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Head office: Via J. F. Kennedy, 16 - 42124 Reggio Emilia - Telephone: [phone] Fax: [phone]

Share Capital € 43,935,050.00 fully paid-up - Economic and Administrative Index of Reggio Emilia (REA) no. 277595 - VAT and Tax ID 00183410653

Company subject to management annd coordination by Newlat Group S.A. pursuant to articles 2497 et seq. of the Ittalian Civil Code.

The Newlat Group

The Newlat Group is a relevant multinational, multi-brand and multi-channel player in the Italian and European agri-food sector, havingg a large portfolio of products and brands well known in Italy and internationally. The Newlat Group holds a consolidated positioning in the Italian and German markets and sale products in more than 60 counntries. The Newlat Group is mainly active in the pasta, dairy, bakery and special products sectors, and in partticular in the health & wellness, gluten free and baby food sectors.

For more information, visit our webbsite www.newlat.it.