― Resolution of appropriate measures pursuant to Article 2446 of the Italian Civil Code
― Ratification of the appointment of non-executive director
Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) today announced that its ordinary shareholders’ meeting (the “Shareholders’ Meeting”), convened on second call, was held on February 16, 2026.
The Shareholders’ Meeting resolved to postpone the decision regarding the reduction of the Company’s share capital pursuant to Article 2446 of the Italian Civil Code, following the losses recorded in the Company’s unaudited financial statements for the first nine months and the third quarter ended September 30, 2025, to the shareholders’ meeting that will be called to approve the Company’s financial statements for the year ended December 31, 2025.
The Shareholders’ Meeting also ratified the appointment of Mr. Pietro Labriola as non‑executive Director. Mr. Labriola had been previously appointed by co‑optation pursuant to Article 2386 of the Italian Civil Code, effective August 6, 2025, following a resolution of the board of directors adopted on July 29, 2025. Mr. Labriola will remain in office until the expiration of the term of the current board of directors, which will occur upon approval of the Company’s financial statements as of December 31, 2026.
The Shareholders’ Meeting resolved to postpone the decision on the third item of the agenda (Increase in the number of members of the Board of Directors and related and consequential resolutions).
About Natuzzi S.p.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is one of the most renowned brands in the production and distribution of design and luxury furniture. As of December 31, 2025, Natuzzi distributes its collections worldwide through a global retail network of 565 monobrand stores, 487 Natuzzi galleries, along with more than 550 curated placements in larger, multi-brand environments. Natuzzi products embed the finest spirit of Italian design and the unique craftmanship details of the “Made in Italy”, where a predominant part of its production takes place. Natuzzi has been listed on the New York Stock Exchange since May 13, 1993. Committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), ISO 45001 certified (Safety on the Workplace) and FSC® Chain of Custody, CoC (FSC-C131540).
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Contacts
Natuzzi Investor Relations
Piero Direnzo | tel. +39 080-8820-812 | pdirenzo@natuzzi.com
Natuzzi Corporate Communication
Giancarlo Renna (Communication Manager) | tel. +39. 342.3412261 | grenna@natuzzi.com
Barbara Colapinto | tel. +39 331 6654275 | bcolapinto@natuzzi.com