PLC S p A : 2022-01-27Filing of the projects for the demergers of PLC Service S.r.l. and PLC SYystem S.r.l.

PRESS RELEASE

Milan, 27 January 2022

FILING OF THE PROJECTS FOR THE INTRAGROUP DEMERGERS

OF PLC SERVICE S.R.L. AND PLC SYSTEM S.R.L.

Following the Press Release of 26 January 2022, we hereby inform that today, pursuant to article 2505-bis, paragraph 5, of the Italian Civil Code, the partial demerger project of PLC Service S.r.l. ("PLC Service") in favour of PLC S.p.A. (the "Beneficiary" or the "Company") having as object the entire share capital of PLC Service Wind S.r.l. ("PLC Service Wind") held by PLC Service, was filed with the Companies' Register of competence (the "First Demerger Project").

In addition, today, pursuant to article 2505-bis, paragraph 5, of the Italian Civil Code, the partial demerger project of PLC System S.r.l. ("PLC System") in favour of the Beneficiary company, having as object the entire share capital of PLC Power S.r.l. ("PLC Power") held by PLC System, was filed with the Companies' Register of competence (the "Second Demerger Project" and together with the First Demerger Project the "Demerger Projects").

As the share capital of the demerged companies is entirely held by the Beneficiary, each demerger transaction may be carried out in a simplified form, in accordance with the provisions of Article 2505 of the Civil Code, with the resolution relating to the demerger being passed by the Board of Directors of the Company and the Shareholders' Meetings of PLC Service and PLC System, in accordance with their respective statutory provisions

The shareholders of the Company representing at least 5% of the share capital, by means of a request addressed to the Beneficiary within 8 days from the filing of the Demerger Projects with the Companies' Register, i.e. by 4 February 2022, may require that the resolution approving each of the two demerger transaction be adopted by the Extraordinary Shareholders' Meeting of the Beneficiary.

To this end, please note that any requests must be submitted by those entitled, in compliance with the aforementioned deadline, by registered letter with return receipt or certified email to the following addresses: PLC S.p.A., via Lanzone 31, 20123, Milan; certified email [e-mail], by attaching the certification proving the ownership of the shares of the Beneficiary issued by an authorised intermediary in accordance with the regulations in force.

Finally, it should be noted that the documentation relating to both Demerger Projects is available to the public at the registered office of the Beneficiary, on the Company's website www.plc-spa.com, in the section Investor relations / Other documents, as well as at the authorised storage mechanism "eMarket Storage".

The financial statements of the Beneficiary, PLC Service and PLC System for the last three financial years are also available at the Beneficiary's registered office and on the above-mentioned section of the website.

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PLC SPA

Sede legale: Via Lanzone, 31 - 20123 Milano - Italia

Tel.: [phone]- Fax: [phone]

P.I. e C.F. 05346630964 - R.E.A. MI-1814188 - Cap. Soc. € 27.026.480,35 i.v.

P.E.C.: [e-mail]- WEB: www.plc-spa.com

Please contact us for more information:

PLC S.p.A.

Cecilia Mastelli

[e-mail]

Tel: [phone]

PLC SPA

Sede legale: Via Lanzone, 31 - 20123 Milano - Italia

Tel.: [phone]- Fax: [phone]

P.I. e C.F. 05346630964 - R.E.A. MI-1814188 - Cap. Soc. € 27.026.480,35 i.v. P.E.C.: [e-mail]- WEB: www.plc-spa.com