Picanol Group held an extraordinary General Meeting

An Extraordinary General Meeting of Picanol Group (Picanol nv) was heldon March 16, 2020. 15819504 shares (89.38 %) of the total of 17700000 shares were either present or represented at the meeting.

The Extraordinary General Meeting approved a number of amendments to the articles ofassociation and the introduction of loyalty voting rights with a majority required by law.

The presentation, minutes and other information on the Extraordinary General Meeting are published on the website of Picanol Group.

www.picanolgroup.com