Creactives Group SpA: Resolutions of the Shareholders' Meeting - 28 October 2020

[ Report ]

Bologna (pta038/28.10.2020/20:18) - Bologna, October 28, 2020. The Ordinary and Extraordinary Shareholders' Meeting of Creactives Group S.p.A. ("Creactives Group") (ISIN IT0005408593 - ticker: CREG), an international company that develops Artificial Intelligence technologies to address real-life business problems in the Supply Chain, today convened at the local office in Verona, Via Enrico Fermi 4 and via teleconference as indicated in the notice of call of the Meeting which was published on "Gazzetta Ufficiale", Parte II n. 118 of 8 October 2020 and on the Company's website https://www.creactivesgroup.com/.

The Ordinary Shareholders' Meeting of Creactives Group S.p.A. has:

- approved the Financial Statements as at 30 June 2020, allocating a profit of Euro 2.681 to legal reserve and Euro 50.932 to extraordinary reserve;
- appointed the new Statutory Auditors - Franco Zentilin, Gianfranco Favaro, Chiara Baldi, Chiara Benciolini, Giancarlo Palvis - to cover current vacancies in the Board and determined the related compensation;
- appointed BDO Italia SpA as an external auditor for the period 2021-2023 and determined the related compensation;
- authorized the Board of Directors to purchase and allocate own shares;
- determined the compensation of the Board of Directors.

The Extraordinary Shareholders' Meeting of Creactives Group S.p.A. has:

- authorized the Board of Directors, in accordance with Articles 2443 and 2420-ter of the Italian Civil Code, to increase the share capital and issue convertible bonds, up to a maximum of Euro 20.000.000,00 (twenty million/00), including with the exclusion of option rights or as a capital increase without contribution by the shareholders, also in accordance with Article 2441, paragraphs 4, 5 and 8, and Article 2349 of the Italian Civil Code;
- transferred the registered office in Piazzale Luigi Cadorna n.6 - 37126 Verona;
- established amendments to the Articles of Association following the resolutions of the Shareholders' Meeting.

Availability of related documentation
The minutes of the Shareholders' Meeting will be made available to the public on the Company's website https://www.creactivesgroup.com/ to the extent and when established by current laws and regulations.

(Ende)