Servizi Italia : The Shareholders’ Meeting approves the 2017 Financial Statement, the distribution of a Euro 0.17 dividend per share and appoints the new Board of Directors

SERVIZI ITALIA: the Shareholders' Meeting approves the 2017 Financial Statement, the distribution of a Euro 0.17 dividend per share and appoints the new Board of Directors.

•  2017 Financial Statement approved;

•  Distribution of Euro 0.17 dividend per share approved;

•  Authorized the plan for treasury shares purchase and disposal;

•  Approved the first section of the Remuneration Report pursuant to art. 123-ter of CFA;

•  Appointment of the new Board of Directors for the years 2018 - 2019 - 2020

Castellina di Soragna (PR), Italy, 20 April 2018

The Shareholders' Meeting of Servizi Italia, a company listed on the STAR segment of Borsa Italiana, leader in Italy in the integrated services of rental, laundry and sterilization of textile and surgical instruments for hospitals, met today at Company's registered office under the chairmanship of Mr. Roberto Olivi.

Financial Statement as at 31 December 2017

The Shareholders' Meeting became aware of the Consolidated Financial Statement and examined and approved and the Separate Financial Statement as at 31 December 2017.

Main consolidated financial results

Revenues amounted to Euro 252.1 million, up 6.1% compared to Euro 237.7 million in 2016.

Consolidated EBITDA was Euro 69.8 million (Euro 64.0 million at 31 December 2016), up 9.1% in absolute terms.

Consolidated EBIT was Euro 16.4 million compared to Euro 13.7 million in 2016. The result before taxes grew to Euro 17.8 million compared to Euro 13.1 million in 2016.

Consolidated Financial Statement as at 31 December 2017 registered a net profit of Servizi Italia Group equal to Euro 14.4 million, up 36.6% (in absolute terms) compared to Euro 10.5 million in 2016

Net financial position was Euro 75.6 million, improved compared to Euro 79.6 million at 31 December 2016.

Main results of Servizi Italia S.p.A.

In 2017, Servizi Italia S.p.A.'s revenues amounted to Euro 211.2 million overall, up 6.3% compared to Euro 198.8 million in 2016.

EBITDA was Euro 56.5 million, with a 5.3% increase in absolute terms compared to Euro 53.7 million in 2016.

EBIT stood at Euro 13.5 million compared to Euro 14.7 million in the previous year.

Equity totaled Euro 142.4 million compared to Euro 138.5 million as at 31 December 2016 restated.

Net financial position was Euro 76.3 million compared to Euro 73.4 million as at 31 December 2016.

Dividend

The Shareholders' Meeting resolved to allocate the net profit of the year, equal to Euro 13,822,067, as proposed by the Board of Directors in the management report, as follows:

• - Euro 691,103.00 equal to 5% of the profit, to the legal reserve;

• - Distribution to the shareholders of an ordinary single dividend, gross of the legal withholdings, equal to 17 Euro cents for the shares in circulation, with the exclusion of the treasury shares in the portfolio, for a maximum amount of Euro 5,407,607;

• - Allocating Euro 1,743,925 to valuation for equity investments Reserve using the equity method;

• - Carrying forward the residual profit for the year.

The dividend will be paid as from 3 May 2018, with coupon detachment nr. 12 on 30 April 2018 (record date 2 May 2018) and it will be paid to the shares which will be in circulation as of that date.

Authorization to purchase and dispose treasury shares, subject to revocation of the previous resolution The Shareholders' Meeting revoked the treasury shares purchase and dispose plan approved by the Shareholders' Meeting held on 20 April 2017, for the part not used. In the period between 20 April 2017, date of plan activation, and 20 April 2018, Servizi Italia purchased a total amount of 10,550 shares, equal to 0.0332% of the current share capital, for a countervalue of Euro 48,942.86 and totally sold a total amount of 391,420 shares, equal to 1.23% of the share capital, for a countervalue of Euro 1,839,674.00.

The purchase operations have been carried out on the Regulated market in compliance with the limits indicated by the Shareholders' Meeting and the applicable law and regulations, including the rules set out in EC Regulation 2273/2003, in article 5 of EU Regulation n. 596/2014, in Delegated Regulation n. 2016/1052 as well as according to accepted market practices.

Furthermore, the Shareholders' Meeting has authorized the purchase and sale of treasury shares. The plan responds to the need of investment opportunities for the company's liquidity and the possibility to use them for strategic operations and/or subsequent operations of purchase and sale of treasury shares within the limits permitted by market practices.

The authorization is for a maximum number of ordinary shares of Servizi Italia S.p.A. equal to 20% of the relevant share capital, taking into consideration shares already held, for a period of 18 months from the date of Shareholders' Meeting resolution.

Operations of purchase of treasury shares will be carried out on market at a price not higher neither lower than 20% over the weighted average of the official prices in the 3 days prior to the transaction.

As of today, the company owns 10,550 treasury shares, equal to 0.0332% of the share capital.

Remuneration Report pursuant to ex art. 123-ter Legislative Decree 58/98

The Shareholders' meeting approved the remuneration policy for Directors and Managers with strategicresponsibilities ex art. 123-ter Legislative Decree 58/98 according to terms and conditions stated in section I of the Remuneration Report.

Non-financial consolidated Report: 2017 Sustainability Report

The consolidated non-financial Report: 2017 Sustainability Report was presented to the Shareholders' Meeting within the terms and with the procedures defined by Legislative Decree no. n. 254/2016 and GRI G4 Guidelines together with the independent auditors' report pursuant to art. 3, c. 10 of Legislative Decree 254/2016 and of the art. 5 of Consob regulation no. 20267.

Appointment of the Board of Directors and determination of its remumeration

The Shareholders' Meeting, called to renew the Board of Directors for the 3-year period 2018-2019-2020, determined the number of members on the Board as 11.

The new Board of Directors, which meets the requirements set forth in the regulations regarding the diversity in its composition, is composed as follows: Roberto Olivi, Enea Righi, Ilaria Eugeniani, Michele Magagna, Umberto Zuliani, Antonio Paglialonga, Lino Zanichelli, Paola Schwizer, Romina Guglielmetti, Chiara Mio e Antonio Aristide Mastrangelo.

All the members of the Board of Directors except one were taken from the list presented by the majority shareholder Aurum S.p.A., holding the 55.3339% of the share capital, which received the 94.7378% of the votes of the shares represented in the meeting and equal to the 71.4636 % of the share capital; the board member Antonio Aristide Mastrangelo has been elected from the minority list presented by Everest S.r.l., which has a shareholding of 3.284% in the share capital.

The Directors Paola Schwizer, Romina Guglielmetti, Chiara Mio and Antonio Aristide Mastrangelo declared themselves as independent directors pursuant to Legislative Decree No. 58 of February 24, 1998 and the Code of Conduct, and as per the Regulatory Instructions of the Markets organised and managed by Borsa Italiana with reference to companies listed on the STAR segment.

In accordance with Article IA.2.6.7, paragraph 3, of the Stock Exchange Regulatory Instructions, it is specified that at the appointment time no Director holds shares of Servizi Italia.

The Shareholders' Meeting also approved the total remuneration of the Board of Directors.

The CVs of the directors are available on the internet site of the Companywww.si-servizitalia.com,in the "Corporate Governance" section.

Integration of the compensation of the independent auditors for the years 2017-2023.

The Shareholders' Meeting also approved, upon the motivated request of the Board of Statutory Auditors, the integration of the compensation of the independent auditors firm Deloitte & Touche S.p.A. for the statutory audit activities of the years 2017‐2023.

Deposit of the documentation

Minutes of the meeting and summary statement of voting will be made available to the public in accordance to law.

Declaration of the Executive Responsible for the preparation of the accounting documents

The Executive Responsible for the preparation of the corporate accounting documents, Ilaria Eugeniani, declares in accordance with Article 154 bis, paragraph 2, of the Consolidated Finance Act, that the accounting information contained in the present press release corresponds to the underlying accounting documents, records and accounting entries.

Alternative performance indicators

The present document uses an "alternative performance indicator" not provided for under IFRS accounting standards, outlined in accordance with CESR recommendation 05-178b published on 3 November 2005:

•  The EBITDA was defined by company management as the difference between the value of sales and services and operating costs before amortization, depreciation and write-downs.

From today this press release is available on websitewww.si-servizitalia.com and disclosed by eMarket SDIR/NIS and 1Info Storage(www.1info.it)systems.

Servizi Italia S.p.A., a company based in Castellina in Soragna (PR), listed on the STAR segment of the Italian Stock Exchange, is the leading operator in Italy in the field of integrated services for hire, washing and sterilization of textile materials and surgical instruments for hospitals. With a technologically advanced production platform, articulated in laundry facilities, textile sterilization centers, surgical instruments sterilization centers and many wardrobes, the Company, which together with its Italian and foreign subsidiaries constitute the Servizi Italia Group, turns primarily to companies in public and private healthcare sector of center / northern Italy and the State of S.Paulo, Brazil, Turkey, India, Albania and Morocco with a wide and diversified offer.

For further information:

Investor Relations	Media Relations
Servizi Italia	iCorporate
Giovanni Manti, Luigi Innocenti,	Arturo Salerni, Ilaria Mastrogregori
Tel: [phone]	Tel. + 02 4678 749
[e-mail]	[e-mail]
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