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Paolo Doria new board member

Belimport SA Operations Chairman Rino Bernasconi announces the appointment of Paolo Doria as a new member of the Board of Directors effective February 2023.

Paolo Doria, a professional with international experience, organizational, financial and strategic expertise, will work directly under the Chairman and will be responsible for defining and implementing the transition project for the generational transition to the company's leadership.

In order to ensure maximum business continuity, the Shareholders' Meeting also resolved that when his term expires, Paolo Doria will remain a member of the Board of Directors, thus being able to continue his contribution to the further development of the company.

After more than thirty years at the helm of the company, Rino Bernasconi will, as the various phases of the transition plan unfold, increasingly focus on his role as Chairman of the Board of Directors, transferring his operational responsibilities to management team .

Statements

Rino Bernasconi, president of Belimport SA, said:

"Belimport has become a leading Swiss company in its industry because it has always been able to provide excellent service to its clients, innovating and managing business effectively and with foresight, always making the best of every change.

We have been on a never-ending path of development since 1951 when my parents, Ezio and Gisèle, with enthusiasm and determination started the business. My grandfather Claudio was the first representative and built the first network of customers in Switzerland.

The company has been able to transform itself over time from so many points of view, and has become a Swiss reference for many international partners through intensive development, while always maintaining that mentality of service and customer care that has now entered the DNA of Belimport and all its employees.

We have identified Paolo Doria as the ideal person to support our current management team in continuing to grow—even in the current economic climate—through a process of evolution and strengthening.

I and the Board of Directors I represent are confident that our 30 employees, together with Paolo Doria, will be able to seize this opportunity to contribute to the further development of the company and continue the expansion strategy."

Paolo Doria commented:

"I thank the President and the Board of Directors for their confidence and I am honored to be able to contribute to the business continuity of this beautiful Ticino company by supporting its management team and all the people who work there to move forward toward new and ambitious goals, ensuring the achievement of long-term growth and profitability objectives."