Piovan, the assembly appoints the new Board of Directors. Nicola Piovan president

Piovan the assembly appoints the new Board of Directors Nicola

(Finance) – The Shareholders’ Meeting of Piovanmet today in ordinary session to decide on the appointment of a new Board of Directors after, as announced on 31 July 2024, the members of the Company’s Board of Directors Nicola Piovan, Filippo Zuppichin, Marco Maria Fumagalli, Manuela Grattoni , Alessandra Bianchi, Mario Cesari and Antonella Lillo have effectively resigned
conditional precedent to the execution of the purchase and sale contract between Automation Systems and Pentafin for the purchase of a shareholding representing 58.35% of the share capital of Piovan.

The Company’s Shareholders’ Meeting therefore appointed the new Board of Directors, with suspensive effect conditional on the Closing, which will remain in office until the Shareholders’ Meeting called for the approval of the financial statements as at 31 December 2025 and whose number has been
determined in 7 members.

The members of the Board of Directors, taken from the list presented by the majority shareholder Pentafin – owner of 58.350% of Piovan’s share capital – and elected with the favorable vote of 98.996% of the votes present or represented at the Meeting, corresponding to 82.306% of the total voting rights, are: Nicola Piovan – President; Filippo Zuppichin – Director; Roberto Ardagna – Director; Chiara Arisi – Councilor; Elena Biffi – Independent Director; Michela Cassano – Independent Director; Mario Cesari – Independent Director.

The Assembly also conferred the position of President of the Board of Directors on Nicola Piovan.

(Photo: Nicola Piovan, President Piovan Group)

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