Sabaf S p A : Summary report of voting - Shareholders' Meeting of 8 May 2024

SABAF S.P.A.

Ordinary and extraordinary Shareholders' meeting agenda of 08 May 2024

A total of n. 41 Shareholders by proxy

holders of N. 8,767,532 ordinary shares equal to 69.107541% ordinary share capital

and of n. 14,433,711 votes equal to 76.716656% of the total voting rights

attended the shareholders' meeting

SUMMARY REPORT OF THE VOTING ON THE ITEMS ON THE SHAREHOLDERS' MEETING

Ordinary part

1. Financial report at 31 December 2023: management report prepared by the Board of Directors and consolidated non-financial statement; Independent Auditors' Report and Report of the Board of Statutory Auditors; Approval of the Financial statements at 31 December 2023.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

39	14,306,575	99.119173	76.040915
2	127,136	0.880827	0.675741
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

2. Resolution on the dividend proposal.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

3. Report on remuneration policy and remuneration paid:

3.1 Resolution on the first section pursuant to paragraphs 3-bis and 3-ter of Article 123- ter of Italian Legislative Decree 58/1998;

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

11	13,344,551	92.454054	70.927659
30	1,089,160	7.545946	5.788997
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

3.2 Resolution on the second section pursuant to paragraph 6 of Article 123- ter of Italian Legislative Decree 58/1998.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

11	13,153,842	91.132779	69.914021
30	1,279,869	8.867221	6.802635
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

4. Appointment of the Board of Directors:

4.1 Determination of the number of members of the Board of Directors;

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

4.2 Determination of the term of office;

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

4.3 Appointment of the Directors;

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

LIST 1

LIST 2

LIST 3

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

2	4,781,288	33.125840	25.413037
1	1,748,722	12.115540	9.294637
38	7,903,701	54.758620	42.008982
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

4.4 Determination of the annual remuneration of the members of the Board of Directors.
NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

5. Appointment of the Board of Statutory Auditors for the three-year period from 2024 to 2026: 5.1 Appointment of the members of the Board of Statutory Auditors;

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

LIST 1

LIST 2

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

3	6,530,010	45.241380	34.707674
37	7,902,659	54.751401	42.003444
0	0	0.000000	0.000000
0	0	0.000000	0.000000
1	1,042	0.007219	0.005538
41	14,433,711	100.000000	76.716656

1. Appointment of the Chairman of the Board of Statutory Auditors; (Not submitted to the vote of the assembly as several lists have been submitted)
2. Determination of yearly remuneration.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

6. Authorisation to renew an insurance policy for the Company's directors, statutory auditors and managers for the period from 2024 to 2026.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

7. Authorisation to purchase and sell treasury shares, subject to revocation of the authorisation granted with resolution dated 28 April 2023; related and consequent resolutions.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

41	14,433,711	100.000000	76.716656
0	0	0.000000	0.000000
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

8. Remuneration plan based on financial instruments in favour of directors and employees of the Company and its subsidiaries; resolution pursuant to Article 114-bis of Italian Legislative Decree 58/1998; granting of proxies to the Board of Directors.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com

11	13,053,993	90.441003	69.383313
30	1,379,718	9.558997	7.333343
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

Extraordinary session

1. Assignment to the Board of Directors of the power, pursuant to Article 2443 of the Italian Civil Code, to increase the share capital against payment all at once or in multiple instalments and through splitting shares, no later than 8 May 2029, with the exclusion of the right of option pursuant to Article 2441, paragraph 4, second sentence, of the Italian Civil Code, through the issue of a number of ordinary shares not exceeding 10% (ten per cent) of the share capital existing before the date of exercise of the power, if any, and in any case for a nominal amount not exceeding €1,268,679.00 (one million one hundred and fifty-threethousand four hundred and fifty/00), with the right to establish any additional share premium; consequent amendment of Article 5 of the Articles of Association; related and consequent resolutions and delegation of powers.

NUMBER OF	NUMBER OF	% ON VOTING RIGHTS	% ON TOTAL
SHAREHOLDER (IN	SHARES	THAT CAN BE EXERCISED	VOTING RIGHTS
PERSON OR BY		PRESENT OR REPRESENTED
PROXY)

In favour

Against

Abstentions

Not voting

Total

39	14,306,575	99.119173	76.040915
2	127,136	0.880827	0.675741
0	0	0.000000	0.000000
0	0	0.000000	0.000000
41	14,433,711	100.000000	76.716656

SABAF S.p.A.

Via dei Carpini ,1 - 25035 Ospitaletto - Brescia - Italia

Cap. Soc. Euro 12.686.795 int. vers.- Reg. Imp. di Brescia N. 52821 Tel.: [phone] - [e-mail] - [e-mail] www.sabaf.it - www.sabafgroup.com