Investor Presentaiton

Condensed company structure Segment Reporting Reshuffle Filli Orsero QUALITA From Jan. 1st, 2020, Orsero adopted a renewed segment reporting scheme. The main effect is the shift of import business from Import & Shipping, now renamed Shipping, to Distribution BU, now renamed Import & Distribution. Historical data (2015-2018) have not been restated. SHIPPING COSIARMA -ITALY- ORSERO CR -COSTA RICA- Comany structure semplification: FRUTTITAL -ITALY- Coss IMPORT & DISTRIBUTION FRUTTITAL FIRENZE -ITALY- GALANDI -ITALY- SERVICES & HOLDING H.NOS FERNÁNDEZ LÓPEZ -SPAIN- ORSERO SPA -ITALY- AZ FRANCE -FRANCE- FRUTTICA -FRANCE- MONCADA FRUTTA -ITALY- AGRICOLA AZZURRA (*) -ITALY 50%- EUROFRUTAS -PORTUGAL- BELLA FRUTTA -GREECE- SIMBA -ITALY- SIMBACOL -COLOMBIA- COMM. DE FRUTA ACAPULCO -MEXICO- BONAORO (*) -SPAIN 50%- Already impemented in 2020 and effective from 1 Jul. 2020: Fruttital Cagliari merged into Fruttital; Sevimpor merged into Hermanos Fernández López. Further semplifications will be implement in the future. FRESCO FORW. AGENCY -ITALY- ORSERO SERVIZI -ITALY- FRUPORT -SPAIN 49%- GRUPPO ORSERO (*) Equity Method 35

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