ILPRA: RAW MATERIALS PROCUREMENT POLICY

Mortara (PV), 13 december 2021

ILPRA (ILP:MI), an Innovative SME listed on Euronext Growth Milan and active in the packaging sector with a wide range of machines and technological solutions for the packaging of food, cosmetic and medical products, announces that it has put in place an effective management of its raw material procurement policy that has allowed it to successfully address the issues that are occurring in this regard at a global level.

Through major preventive procurements implemented in the current financial year, the Group has covered its needs for the entire 2021 financial year and has material that can guarantee coverage for a large part of the 2022 financial year, probably neutralising the generalised increase in prices.

ILPRA (ILP:MI) is active in the manufacture and sale of packaging machinery for food, cosmetics and medical products. Founded in 1955, it is one of the main players in the packaging sector thanks to its wide range of machines (traysealers, filling machines, thermoforming machines) and state-of-the-art technological solutions. An innovative SME, it stands out for its continuous investment in R&D (€2.3 million in the last 3 years), which has enabled it to develop in-house innovative packaging technologies and techniques capable of promptly meeting customer needs. ILPRA’s patented ProGas technology is based on a unique work cycle that reduces gas use and waste and increases machine productivity. With more than 16,500 machines sold, 238 employees, an extensive sales network and a presence in 6 countries (Italy, UK, Hong Kong, United Arab Emirates, India and Russia), the Group generates around 60% of its turnover abroad and directly presides over markets worldwide.

Release available at www.ilpra.com and www.1info.it

CONTACTS

ILPRA INVESTOR RELATIONS MANAGER Vittorio Vecchio | CFO | vvecchio@ilpra.com | T +39 3409547903 | Via Enrico Mattei, 21/23 Mortara (PV)

IR TOP CONSULTING INVESTOR RELATIONS Maria Antonietta Pireddu, m.pireddu@irtop.com | T +39 0245473884 FINANCIAL MEDIA RELATIONS Domenico Gentile, d.gentile@irtop.com │ Antonio Buozzi, a.buozzi@irtop.com | T +39 0245473884

MIT SIM SPECIALIST | T +39 0230561270 | Corso Venezia, 16 Milano