Seri Industrial S p A : The General Shareholders' Meeting of 4 May 2023

Seri Industrial S.p.A:

The Shareholders' Meeting, which met today at the headquarters in San Potito Sannitico (CE), approved:

• The 2022 Financial Statements, which closed with a profit of euro 5.32 million
• The report on the remuneration policy and compensation paid

San Potito Sannitico, May 4, 2023 - Seri Industrial S.p.A. ("the Company") announces that today's Shareholders' Meeting ("the General Meeting"), convened in ordinary session in a single call, was constituted and resolved favorably on the items on the agenda. The Consolidated Financial Statements and the Consolidated Non-Financial Statement were also presented.

1. Approved the Financial Statement as of December 31, 2022.

Having reviewed the draft financial statements and consolidated financial statements as of December 31, 2022, the reports of the Board of Directors, the Board of Statutory Auditors, and the independent auditors, the General Meeting approved the financial statements as of December 31, 2022, together with the Board of Directors' report on operations, which showed a profit for the year of euro 5,323,251.

The General Meeting then resolved to allocate the profit for the year of euro 5,323,251 as follows (i) euro 266,163 to Legal Reserve and (ii) euro 5,078,088 to Retained Earnings.

2. Taken the required resolutions on the remuneration report.

The General Meeting also resolved in favor of the first section (Remuneration Policy) and the second section (Compensation Paid) of the remuneration report prepared pursuant to Article 123-ter, paragraph 3, of Legislative Decree No. 58 of February 24, 1998.

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It is also reported that, earlier today, the Board of Statutory Auditors informed the Company that it has verified the correct application of the criteria and assessment procedures adopted by the Board of Directors to evaluate the independence of its members. For more information on the periodic verification of whether the Company's directors meet the independence requirements, please refer to the press release published on March 20, 2023.

Seri Industrial S.p.A. is a company listed on the EXM market of Borsa Italiana. Seri Industrial's mission is to accelerate the energy transition toward sustainability and decarbonization.

The Group operates through two companies: (i) Seri Plast, active in the production and recycling of plastic materials for the battery market, automotive, packaging, and hydro-thermo-sanitary sector; (ii) FIB, active, through the FAAM brand, in the production and recycling of lead and lithium batteries for traction, industrial, storage, and military applications, as well as in the design of plants for the recycling of batteries.

For more information:

Investor Relator

Marco Civitillo

E-mail: investor.relator@serihg.com

Tel. 0823 786235