Sabaf S p A : Update on the execution of the buy-back programme

Press release

Ospitaletto (BS), 9 November 2020

Update on the execution of the buy-back programme

With reference to the buy-back programme approved by the shareholders on 7 May 2019 and 4 May 2020, and launched on 28 January 2020, Sabaf S.p.A. informs that in the period between 2 November 2020 and 6 November 2020 acquired no. 2,129 treasury shares at an average unit price of € 12.3389 per share, for a total amount of € 26,269.43.

Details of the transactions on a daily basis:

Date	Number of	Average price per share	Countervalue
	shares	(EUR)	(EUR)
	purchased
2 November 2020	275	12.1591	3,343.75
3 November 2020	463	12.4144	5,747.87
4 November 2020	644	12.2036	7,859.12
5 November 2020	594	12.4899	7,419.00
6 November 2020	153	12.4163	1,899.69
Total	2,129	12.3389	26,269.43

Following to such operations Sabaf ended the programme started on 28 January 2020 to service the 2018- 2022 Stock Grant Plan approved by the Shareholders' Meeting of 8 May 2018.

Under this programme have been acquired n. 176,873 treasury shares and Sabaf owns, as at 6 November 2020, no. 346,748 treasury shares, amounting to 3.006% of the share capital.

For further information:

Investor Relations	Media relations
Gianluca Beschi	Maria Giardini [phone]
tel. [phone]	[e-mail]
[e-mail]	Arnaldo Ragozzino + 39 335 6978581
www.sabaf.it	[e-mail]

Founded in the early fifties, SABAF has grown consistently over the years to become one of the leading producers in the world - of components for household appliances.

There are three main lines of production: components for gas cooking (valves and burners), hinges and electronic components. Technological expertise, manufacturing flexibility, and the ability to offer a vast range of components - tailor-made to meet the requirements of individual manufacturers of cookers and built-in hobs and ovens and in line with the specific characteristics of its core markets - are Sabaf's key strengths in a sector featuring major specialisation, constantly evolving demand and an ever-increasing orientation towards products assuring total reliability and safety.

The Sabaf Group has more than 1,200 employees. It operates through its parent company SABAF S.p.A. and the subsidiaries Sabaf do Brasil, Sabaf Turkey and Sabaf China, active in the production of domestic burners, A.R.C., which produces burners for professional cooking, and Faringosi Hinges and C.M.I., leader in the production of oven hinges and dishwashers and Okida, active in the sector of electronic components for household appliances.