Pininfarina S p A : RESIGNATION OF A BOARD MEMBER

PRESS RELEASE

(Translation from the Italian original which remains the definitive version)

RESIGNATION OF A BOARD MEMBER

Cambiano, 12 May 2023 - Pininfarina S.p.A. announces that today, Mrs. Maria Giovanna Calloni, a non-executive and independent member of the Board of Directors, as well as a member of the Control and Risk Committee, resigned for personal reasons, effective as of today.

Mrs. Maria Giovanna Calloni had been appointed on the basis of the only list submitted by the majority shareholder PF Holdings B.V., by the Ordinary Shareholders' Meeting of 13 May 2022.

There are no indemnities or other benefits payable on termination of office.

Pursuant to Article IA.2.6.7 of the Instructions to the Rules of the Markets organized and managed by Borsa Italiana S.p.A., it is also noted that, based on the information made available to the Company, as of today, Mrs. Calloni does not hold, either directly or indirectly, any ordinary shares of the Company.

The Company thanks Mrs. Maria Giovanna Calloni for his valuable professional contribution during her mandate.

It should be noted that the Company's Board of Directors will co-opt a new Independent Director, in compliance with gender quotas, and will also give the market timely notice regarding any appointments to Committees.

Contacts:

Pininfarina:

Francesco Fiordelisi, Investor Relations and Corporate communication, Phone 335.7262530, f.fiordelisi@pininfarina.it

Carolina Mailander Comunicazione:

Carolina Mailander, carolina.mailander@cmailander.it

Stella Casazza, Phone 349.3579552, stella.casazza@cmailander.it

D I R E Z I O N E C O M U N I C A Z I O N E E I M M A G I N E - W W W . P I N I N F A R I N A . C O M - I N F O @ P I N I N F A R I N A . C O M