Natuzzi S.p.A. Announces the Approval by Its Board of Directors of a Proposal to Its Shareholders to Approve a New Stock Option Plan

May 19, 2022

Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company” and, together with its subsidiaries, the “Group”) announced today that its Board of Directors (the “Board”) has approved a proposal to be submitted to the Company’s shareholders at an extraordinary shareholders’ meeting of the Company to be convened in the near future to approve the terms and conditions of a new stock option plan for the Group’s personnel (the “Plan”) and authorize the Board to carry out, in one or more tranches, the capital increase without preemptive rights that will be necessary to issue ordinary shares of the Company (the “Shares”) to employees under the Plan.

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