Piovan S p A : 24.03.2022 - Extract of the Shareholders’ AGM Call Notice 28.04.2022

EXTRACT FROM THE CALL TO THE ORDINARY SHAREHOLDERS' MEETING

(PURSUANT TO ARTICLE 125-BIS, PARAGRAPH 1, OF LEGISLATIVE DECREE NO. 58/1998)

The Company informs Shareholders that, where the Competent Authorities issue additional orders regarding the COVID-19 emergency, the date of the Shareholders' Meeting and its hosting method indicated in this call notice may change. In this case, the Company will inform Shareholders and the public in a timely manner.

Those with the right to attend and vote are called to the ordinary Shareholders' Meeting at the registered office of Piovan S.p.A. ("Piovan" or the "Company") in Santa Maria di Sala (Venice, Italy) on April 28, 2022 at

10.30 AM in single call, to discuss and vote upon the following

1. AGENDA

2. Separate and Consolidated Financial Statements at December 31, 2021.
3. 1. Approval of the Separate Financial Statements of Piovan S.p.A. at December 31, 2021 and presentation of the Consolidated Financial Statements at December 31, 2021, accompanied by the Board of Directors' Report on Operations, the Board of Statutory Auditors' Report and the Independent Auditors' Reports; resolutions thereon. Presentation of the Consolidated Non- Financial Report prepared pursuant to Legislative Decree No. 254/2016. Resolutions thereon.
   2. Allocation of the profit for the year ended December 31, 2021. Resolutions thereon.
4. Report on the policy regarding remuneration and fees paid pursuant to Article 123-ter, paragraphs 3- bis and 6, of Legislative Decree No. 58/98:
5. 1. Binding motion on Section I regarding the remuneration policy, drawn up pursuant to Article 123- ter, paragraph 3, of Legislative Decree No. 58/1998;
   2. Non-bindingmotion on Section II on fees paid, drawn up pursuant to Article 123-ter, paragraph 4, of Legislative Decree No. 58/1998.
6. Authorization to purchase and dispose of treasury shares; resolutions thereon.

Pursuant to Article 106, paragraph 4, of Decree-Law No. 18 of March 17, 2020, converted, with amendments, by Law No. 27 of April 24, 2020 and lastly amended by Decree-Law No. 228 of December 30, 2021 converted by Law No. 15 of February 25, 2022, attendance at the Shareholders' Meeting by those entitled to vote is permitted exclusively through the Appointed Representative appointed by the Company pursuant to Article 135-undecies of Legislative Decree No. 58/98, to whom a proxy must be conferred; the aforementioned Appointed Representative may also be conferred proxies or sub-delegations pursuant to Article 135-novies of Legislative Decree no. 58/98, as an exception to Article 135-undecies, paragraph 4, of the same decree. The

Company has appointed Computershare S.p.A. - with registered office in Milan (Italy), Via Mascheroni n. 19, 20145 - as Appointed Representative.

For information on the share capital, as well as on the procedures and timelines for (i) attendance and vote at the Shareholders' Meeting (please note that the record date is on April 19, 2022), (ii) conferral of proxies and/or sub-delegations to the Appointed Representative, (iii) exercising the right to supplement the Agenda, the right to submit new proposals, and the right to ask questions on the Agenda, (iv) availability of the documentation relating to matters on the Agenda and the related deliberative proposals, reference should be made to the full text of the call notice that, together with the documents concerning the Meeting - including the Annual Financial Report, shall be published on the Company's website www.piovangroup.com(Section "Investor Relations - Shareholders' Meetings") and available at the authorized storage mechanism 1info (www.1info.it).

Santa Maria di Sala (VE), March 24, 2022

On behalf of the Board of Directors The Chairman Nicola Piovan