Unieuro S.p.A.: Governance strengthened by new prestigious appointments to the Board of Directors

PRESS RELEASE

UNIEURO S.P.A.: GOVERNANCE STRENGTHENED BY NEW PRESTIGIOUS

APPOINTMENTS TO THE BOARD OF DIRECTORS

Michele Bugliesi, Paola Galbiati and Stefano Meloni coopted into

the Board of Directors

Forlì, 20 February 2020 - The Board of Directors of Unieuro S.p.A. (MTA: UNIR) meeting today, following the favourable opinion of the Appointments and Remunerations Committee, proceeded to coopt Michele Bugliesi, Paola Galbiati and Stefano Meloni as new non-executive members of the governing body. Such resolution has been duly approved by the Board of Statutory Auditors.

The appointments will reinforce Unieuro's governance, making it even stronger and more independent thanks to the inclusion of high-profile professionals. Namely:

Michele Bugliesi is the current Dean and Chairman of the Board of Directors of the Ca' Foscari University in Venice. Experienced and passionate advocate of digital transformation, he is an internationally recognised computer scientist.

Paola Galbiati is a full professor in Corporate Finance at the Bocconi University in Milan. She is a certified public accountant and auditor in Milan and sits in the Board of Directors of Banco BPM S.p.A..

Stefano Meloni, former Unieuro Board member from 2016 to 2019, has, among other things, been a Board member at major Italian and international companies including Edison, La Fondiaria Assicurazioni, Milano Assicurazioni, Burgo, Banca Mercantile, Bonifiche Ferraresi, Polynt, Imprese Agricole S.p.A., Barclays Private Equity, in addition to Banque de France, during his long and distinguished career.

The new directors will be replacing Robert Frank Agostinelli, Bernd Erich Beetz and Gianpiero Lenza, who resigned on 23 January 2020 following the sale on the part of the former majority shareholder, Italian Electronics Holdings S.à r.l., of its entire remaining stake in Unieuro's share capital.

The present co-option of new directors will be submitted for ratification to the Company's next Shareholders meeting.

According to their own statements, the three new directors do not hold equity interests in the Company and are independent pursuant to Articles 147-ter, paragraph 4, and 148, paragraph 3, of Legislative Decree No. 58/1998, the Code of Conduct of Listed Companies, as well as the Company's by-laws.

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The detailed curricula vitae of newly appointed directors are available on the Company's website www.unieurospa.comin the section Corporate Governance / Management and Control Bodies / Board of Directors.

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Unieuro S.p.A.

Unieuro is the Italian leader in the distribution of consumer electronics and household appliances, thanks to an omnichannel approach that integrates directly operated stores (about 250), affiliated stores (about 270) and the unieuro.it digital platform. The company is based in Forlì, has a central logistics hub in Piacenza and has a staff of about 5,000 employees. Listed on the STAR segment of the Italian Stock Exchange since 2017, Unieuro reported revenues of €2.1 billion in the fiscal year ended at 28 February 2019.

Corporate website: www.unieurospa.com

LinkedIn: www.linkedin.com/company/unieuro

Contacts:
Investor Relations	Media Relations
Andrea Moretti	iCorporate
Investor Relations & Corporate	Arturo Salerni
Communications Director	[phone]
[phone]	Sonia Hason
[phone]	[phone]
[e-mail]	[e-mail]
[e-mail]

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