Extraordinary Shareholders’ Meeting approves amendments to the Bylaws proposed by the Board

The Shareholders’ Meeting of Prysmian S.p.A. (the “Company”), meeting today in extraordinary session (the “Meeting”), approved the amendments to the Company’s Bylaws proposed by the Board of Directors. The amendments were the sole item on the agenda and relate to Articles 9, 10, 11, 12, 14, 16, 19 and 21 of the Bylaws.

The amendments are primarily intended to align the Bylaws with the provisions introduced by Italian Law No. 21 of March 5, 2024 (the so-called “Capital Markets Law”), specifically regarding the ability of the outgoing Board of Directors to submit a slate of candidates for the election of the Board. In particular, the new provisions govern the composition and filing of the Board’s list and, if that list receives the highest number of votes, the separate vote on each candidate included in the list, and the allocation of the remaining seats among the minority lists submitted.

The Meeting also approved further amendments to the Bylaws to align them with other regulatory developments, including provisions concerning the procedures for holding meetings of the Shareholders’ Meeting, the Board of Directors and the Board of Statutory Auditors, as well as the introduction of the possibility of appointing a manager responsible for sustainability reporting.

The minutes of the Meeting, the updated Bylaws and the summary report of the voting results will be made available to the public in accordance with the procedures and deadlines prescribed by applicable regulations.