SICIT S p A : 7 January 2021 – Composition of the board of auditors from 1 January 2021

SICIT GROUP:

COMPOSITION OF THE BOARD OF AUDITORS

FROM 1 JANUARY 2021

Chiampo (VI), January 7th, 2021 - SICIT Group S.p.A. (the "Company") announces that, as already communicated in the press release of 24 November 2020, following the resignation of Mr. Paolo Lodovici from the position of Chairman of the Board of Auditors of the Company, as well as of Mr. Michele Aprile from the position of Alternate Auditor of the Company, with effect from 1 January 2021, the chairmanship of the Board of Auditors of the Company has been taken by Mr. Manfredo Turchetti (former Standing Auditor of the Company), while the Alternate Auditor Mr. Sergio Zamberlan has taken the position of Standing Auditor. This is until the next Shareholders' Meeting, which will approve the appointments and the necessary integration of the Board of Auditors, pursuant to the provisions of current laws and regulations.

Mr. Zamberlan confirmed that he meets the independence requirements set by article 148 of the Consolidated Finance Act (so-called "TUF") and those set by the Corporate Governance Code and, based on the information available to the Company, he does not hold any shares of SICIT Group.

The Curriculum Vitae of Mr. Sergio Zamberlan has already been made available to the shareholders on the occasion of the Ordinary Shareholders' Meeting of 20 April 2020 and is available at the Company's registered office, as well as on the Company's website, www.sicitgroup.com/en, "Corporate Governance - Board of Auditors" Section.

The Board of Directors thanks Mr. Paolo Lodovici for his work and valuable collaboration.

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SICIT Group

Founded in 1960 in Chiampo (VI), SICIT was one of the first companies in the world to introduce protein hydrolysates of animal origin into the world market of biostimulants. The company, one of the pioneers of the circular economy, through a process of hydrolysis of residues from the tanning industry, creates high-added-value products for agriculture (biostimulants) and plaster industry (retardants). Thanks to a qualified team, highly automated and technological production plants, state-of-the-art laboratories and constant investments in R&D, SICIT has become a reference operator at international level, supplying the main players in the agrochemical and industrial sectors.

Since June 2020, the company has been listed on the MTA (Italian Equities Market), Star Segment, of Borsa Italiana.

Web:www.sicitgroup.com

LinkedIn:http://bit.ly/32Q1nrc

For further information:
SICIT Group S.p.A.	Investor Relations
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