The Board of Directors of Equita Group co-opts Marzio Perrelli as new Independent Director of the Company

Milan, 17th December 2020

The Board of Directors of Equita Group S.p.A. (the “Company”, “Equita” or the “Group”) today appointed by co-optation Marzio Perrelli as a new Independent Director of the Company. The Board of Directors ascertained the requirements of the new Director – including the independence ones – pursuant to applicable law and the Corporate Governance Code applicable to Italian listed companies.

Mr. Perrelli, currently Executive Vice President at Sky Italia, held the role of CEO at HSBC Italia from 2008 to 2018. When at HSBC, he also served as Head of the Global Banking and Global Markets divisions for Italy since 2004 – supervising areas such as Fixed Income, Derivatives, Equity and Equity Capital Markets, M&A and Advisory. Previously, from 1993 until 2004, Mr. Perrelli held senior roles at Goldman Sachs in the United Kingdom and in 2001 he was appointed Managing Director at the Italian branch. The curriculum vitae of Mr. Perrelli is available for consultation on Equita’s website (Corporate Governance section, Board of Directors area).

The decision of the Board of Directors to co-opt Mr. Perrelli as an Independent Director follows the commitment of the Company to keep four Independent Directors and meets the expression of all the minority shareholders that submitted a slate of candidates during the last Shareholders’ Meeting (May 2020). By appointing the Independent Director proposed by the third most voted slate of candidates (or the second most voted slate of candidates submitted by minority shareholders), Equita confirms its market-friendly approach that has always distinguished the Group.

Mr. Perrelli replaces Massimo Ferrari who resigned effective 15 November 2020, following the recent intensification of his professional roles and duties. Mr. Ferrari has remained close to Equita by entering the Group’s Advisory Board and will continue to support the management team with his strong expertise.

As of today, Mr. Perrelli does not own any shares of Equita Group.