SICIT S p A : 4 January 2021 – Procedure for the exercise of SICIT Group warrants

PRESS RELEASE

PROCEDURE FOR THE EXERCISE OF SICIT GROUP S.P.A. WARRANTS

Arzignano (VI), 4 January 2021 - SICIT Group S.p.A. ("SICIT") announces that, pursuant to Article 3, paragraph 4, of the "Regulation of SICIT Group S.p.A. Warrants". (respectively, the "Regulation" and the "Warrants"), since the "Average Monthly Price" of December 2020 of the SICIT Ordinary Shares is equal to Euro 11.9 (1) and the "Strike Price" is equal to Euro 9.5, the Exercise Ratio of the Warrants for the month of January 2021 is equal to 0.2034.

Applications for subscriptions must be submitted to the intermediary part of Monte Titoli with whom the Warrants are deposited, by the last trading day of January 2021 (i.e. by 29 January 2021).

The Conversion Shares resulting from the exercise of the Warrants will be made available for trading through Monte Titoli on the settlement day following the end of January 2021 and will have the same dividend entitlement as SICIT ordinary shares on the effective date of the exercise of the Warrants.

It should also be noted that pursuant to Article 3, paragraph 8, of the Regulation, when submitting the application for subscription, in addition to providing the necessary and usual information, the Warrant holder will: (i) acknowledge that the shares subscribed in exercise of the Warrants have not been registered under the Securities Act of 1933 and subsequent amendments, in force in the United States of America; (ii) declare not to be a "U.S. Person" as defined at the time of the "Regulations S".

The Regulation is available in the "Investor Relations" section of the corporate website www.sicitgroup.com.

1. Source: Infront processing on Borsa Italiana S.p.A. data: Monthly Average Price calculated as the arithmetic average of the daily weighted average prices for the quantities, for each day of trading on the MTA in the month of December 2020.

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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:	Investor Relations
SICIT Group S.p.A.	Matteo Carlotti
Via Arzignano n. 80	e-mail:[e-mail]
36072 - Chiampo (VI)
tel. [phone]
e-mail:[e-mail]
Media Relations
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Federico Nascimben
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