Newlat Food S p A : Minimum interest rate

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

MINIMUM INTEREST RATE

"UP TO €200,000.000 SENIOR UNSECURED FIXED RATE NOTES DUE FEBRUARY 2027"

Reggio Emilia, 8 February 2021 - Following the press release issued on 2 February 2021 and the publication of the prospectus (the "Prospectuus") relating to the public offering (the "Offering") and admission to trading of the unrated, unsecured, non-convertible senior bond (the "Bond") to be issued by Newlat Food S.p.A. (the "Company"), approved by the Central Bank of Ireland on 2 February 2021 and passported to Italy on the same date, we announce that the fixed interest rate of the Bond will be no less than 2.625% gross on an annual basis.

Please note that the Offering will sttart tomorrow, Tuesday 9 February 2021 at 09:000 (CET) and will end on 15 February 2021 at 17:30 (CET),, unless extended, closed early or modified by the Company and the placement agent Equita SIM S.p.A.

The Prospectus is availaable to the public on the Company's website https://corporate.newlat.it/en/inveestor-relations/bond-loan/.

* * *

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.

* * *

FOR MORE INFORMATION:

Investors

Benedetta Mastrolia

NEWLAT FOOD INVESTOR RELATOR

Mob. [phone]

[e-mail]

Press Office

Roberto Stasio

BARABINO & PARTNERS

Tel. [phone]

Mob. [phone]

[e-mail]

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.

Alice Brambilla

BARABINO & PARTNERS

Tel. [phone]

Mob. [phone]

[e-mail]

* * *

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.

* * *

THIS PRESS RELEASE MAY NOOT BE DISTRIBUTED IN THE UNITED STTATES, NOR TO ANY PERSON WHO IS LOCATED, RESIDENT OR DOMICILED IN THE UNITED STATES, ITS TERRITORIES OR ITS POSSESSIONS (INCLUDING PORTO RICO, VIRGIN ISLANDS, GUAM, SAMOA, WAKE ISLANDS, NORRTHERN MARIANA ISLANDS, ANY U.S. STATE OR DISTRICT OF COLUMBIA), I.E. ANY U.S. PERSON (AS DEFINED UNDER THE REGGULATION S OF THE UNITED STATES SECURITIESS ACT OF 1933, AS AMENDED) OR ANY PERSON WHO IS LOCATED OR RESIDENT IN ANY OTHER JURISDICTION IN WHICH DISTRIBUTION OF THIS NOTICE IS CONTRARY TO LAW.