Cesena (Italy), July 16 2019 - In execution of the resolution adopted by the Shareholders’ meeting held on May 8, 2019 and with the favourable opinion of the Appointments and Remuneration Committee, the Board of Directors of Technogym S.p.A. (“Technogym”) approved the regulation of the Performance Shares Plan 2019-2021 (“Regulation”) and it assigned free of charge to some managers of Technogym Group the right to obtain total no. 238,700 Base Shares (as defined in the Regulation). Base Shares means the number of Technogym shares that the beneficiaries of the Plan may obtain free of charge in case the performance targets are 100% met pursuant to the terms and conditions of the Regulation, it being understood that the number of Technogym shares to be granted to the beneficiaries of the Plan shall be determined according to the level of achievement (or exceeding) of the aforementioned performance targets and it shall not in any event exceed 150% of the Base Shares (as defined in the Regulation).
Information under Annex 3A, Scheme 7, of Conosb Regulation no. 11971, of May 14, 1999 (the “Consob Regulation”) shall be provided in accordance to the terms and conditions set forth in art. 84-bis, paragraph 5, of Consob Regulation.
For additional information regarding the main features of the Performance Shares Plan 2019-2021, please see the relevant Informative Document pursuant to art. 84-bis of the Consob Regulation available at the Company’s registered office and the website of the Company www.technogym.com Section Investor Relations/Governance/Shareholders’ Meeting.