Sant'Ilario d'Enza (Reggio Emilia), 26 November 2020 – We are glad to announce a new nomination in Fagioli Group, on the joint initiative of the shareholders QuattroR and Fagioli Finance: Rocco Sabelli is the new Chairman of the Boards of Directors of Fagioli SpA and also of Fagioli Holding.

He takes over from Alessandro Fagioli, the historic President and Founder of the company who passed away last March and will support, with his own skills, the Board and the management team to give further impetus to the Group's development plans.

Chemical engineer and manager with a solid professional profile, Rocco Sabelli has accumulated a long experience in the industrial field, very diversified by sectors of activity and often characterized by high levels of complexity, in some of the most important Italian companies (Eni, Telecom, Piaggio and Alitalia ).

Since 2017 he has been Industrial Advisor of the QuattroR Fund on behalf of which he is also a Director of the Ceramiche Ricchetti Group.

Since 2018 he has been an independent member of board of Tim.

Rocco Sabelli declared: "The development plan of Fagioli Group, intended and supported by QuattroR, with Italian capital from important institutional investors launched in 2018, has already achieved, under the guidance of CEO Mr. Fabio Belli, significant successes, especially in terms of International Plan, where it participates as a protagonist in projects of significant size and importance in America, Asia and Africa.

Fagioli has the right credentials to play its part as well in the Italian market - and the tangible contribution to the reconstruction of the Morandi Bridge in Genoa is the most recent proof of this - especially in the context of modernization and infrastructural development projects of which the country has a need that cannot be postponed ".