SIT S p A : EXERCISE OF THE SIT WARRANTS.

PRESS RELEASE

EXERCISE OF THE SIT WARRANTS

Padua, January 4th, 2021 - SIT S.p.A. ("SIT", or the "Company") informs that, pursuant to and for the purposes of article 3.1 of the SIT Warrant Regulation (the "Warrant Regulation"), the Monthly Average Price (as defined in the Warrant Regulation) for the month of December 2020 is equal to EUR 5,5440 (source "Bloomberg").

Therefore, being the Average Monthly Price for December 2020 below the Strike Price of EUR 9,30, pursuant to the Warrant Regulation, the Warrant's exercise condition has not occurred and consequently the SIT Warrants shall not be exercisable during the current month of January 2021.

For any further information, reference is made to the Warrant Regulation, available on Company website (www.sitcorporate.it).

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The SIT Group, through its two divisions Heating and Smart Gas Metering, creates intelligent solutions for the control of environmental conditions and consumption measurement for a more sustainable world. A market- leading multinational company, listed on the MTA segment of Borsa Italiana, SIT aims to be the number one sustainable partner for energy and climate control solutions for its customers, focusing on experimentation and the use of alternative gases with low environmental profiles.

The Group has production sites in Italy, Mexico, the Netherlands, Romania, China and Tunisia, in addition to a commercial structure covering all global markets.

SIT S.p.A.	Ufficio Stampa SIT S.p.A.
Investor Relations
T. [phone]
	Chiara Bortolato
Paul Fogolin	E. [e-mail]
E. [e-mail]	M. [phone]

Mara Di Giorgio

1. [e-mail]