Press Release

RDM GROUP: THE SPANISH ANTITRUST AUTHORITY AUTHORIZES THE ACQUISITION

OF PAPELERA DEL PRINCIPADO S.A. "PAPRINSA"

Milan, December 10, 2020 - RDM Group informs that the Spanish Antitrust Authority authorized the acquisition by RDM Barcelona Cartonboard S.A.U. of 100% of the share capital of Papelera del Principado S.A. "Paprinsa", and the three smaller companies operating in contiguous businesses based in the same site: Fergerdell S.L., Cogeneraciò del Pla S.A. and Ondupacart S.A.. The transaction has been already disclosed to the Market on September 30, 2020.

Further to this authorization, one of the conditions precedent set forth under the preliminary agreement executed on September 30, 2020 is deemed fulfilled.

The transaction closing is expected not later than March 31, 2021.

This document is an English translation from Italian. The Italian original shall prevail in case of difference in interpretation and/or factual errors.

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For further information

Reno De Medici

Media Relations

Investor Relations Officer

Barabino&Partners

Chiara Borgini

Stefania Bassi, Francesco Faenza

Tel: +39 02 89966204

Tel: +39 02 72023535

E-mail:chiara.borgini@rdmgroup.com

E-mail: s.bassi@barabino.it; f.faenza@barabino.it

IR Advisor

Blue Arrow

Maria Grazia Mantini

Tel: +41 91 2291710

E-mail:mariagrazia.mantini@bluearrow.ch

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Reno De Medici S.p.A. published this content on 10 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2020 18:02:06 UTC