Trevi Finanziaria Industriale : PRESS RELEASE - JULY 10,2020

MARCO VICINI IS THE NEW CHAIRMAN OF THE BOARD OF STATUTORY

AUDITORS OF TREVI-FINANZIARIA INDUSTRIALE S.P.A.

The BoD CONFIRMS THE DELEGATIONS OF THE INTERNAL CONTROL AND

RISK MANAGEMENT SYSTEM TO THE ENGINEER GIUSEPPE CASELLI

Cesena, 10 July 2020 - - The Chairman of the Board of Statutory Auditors of Trevi-Finanziaria Industriale SpA, Milena Teresa Motta, resigned from her offices as chairman and auditor yesterday evening with immediate effect due to the impossibility, for personal reasons, of continuing to carry out the task. In application of Art. 2401 of the Italian Civil Code and until the date of the next Shareholders' Meeting, the alternate auditor Mara Pierini takes the role of statutory auditor, while the statutory auditor Marco Vicini takes over the chairmanship of the board of statutory auditors. A summary of the curricula vitae of the statutory auditor Mara Pierini and of the Chairman Marco Vicini is contained in the prospectus available on the websitewww.trevifin.com, in the Governance/Capital Increase 2020 section.

In addition, the Board of Directors held today, having acknowledged the resignation of Sergio Iasi from his position as director in charge of the internal control and risk management system has conferred the related powers on Eng. Giuseppe Caselli, CEO of the Trevi Group.

Finally, the Board of Directors of the Trevi Group has sincerely thanked Milena Teresa Motta and Sergio Iasi for their excellent work done over the years.

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About Trevi:

The Trevi Group, controlled by CDP Equity and Polaris Capital Management, is a worldwide leader in the field of soil engineering (special foundations, soil consolidations and reclamation of polluted soil), in the design and marketing of specialized sector technologies and in the construction of automated underground multi-storey car parks. The Group was established in Cesena in 1957; it has around 85 companies and, with its dealers and distributors, is present in over 70 countries. Among the reasons for the success of the Trevi Group are internationalization, integration and the continuous exchange between the two divisions: Trevi, which carries out special foundations and soil consolidation works for major infrastructure projects (subways, dams, ports and docks, bridges, railway and highway lines, industrial and civil buildings) and Soilmec, which designs, manufactures and markets machinery, systems and services for the subsoil engineering.

The parent company (Trevi-Finanziaria Industriale S.p.A) has been listed on the Milan Stock Exchange since July 1999.

For further information:

Investor Relations: Massimo Sala - e-mail:[e-mail]

Group Communications Officer: Franco Cicognani - e-mail:[e-mail] - tel: [phone]