CFT S p A : Final results of the totalitarian voluntary public tender offer

FINAL RESULTS OF THE TOTALITARIAN VOLUNTARY PUBLIC TENDER OFFER PROMOTED BY ATS AUTOMATION HOLDINGS ITALY S.R.L. ON ALL THE ORDINARY, SPECIAL AND MULTIPLE-VOTE SHARES OF CFT S.P.A.

Milan, March 18th, 2021 - In relation to the totalitarian voluntary public tender offer (the "Offer") promoted pursuant to, and for the purposes of, article 102 of Legislative Decree no. 58 of 24 February 1998, as subsequently amended and supplemented (the "Consolidated Law on Finance"), by ATS Automation Holdings Italy S.r.l. (the "Offeror"), a company wholly and indirectly owned by ATS Automation Tooling Systems Inc. ("ATS"), on all the Ordinary Shares, Special Shares and Multiple-Vote Shares of CFT S.p.A. ("CFT" or the "Issuer"), for a consideration equal to EUR 4.600 for each Share tendered to the Offer (the "Consideration"), the Offeror hereby announces what follows.

Capitalized terms in this press release, unless otherwise defined, have the meaning attributed to them in the offer document approved by CONSOB with resolution no. 21707 of February 4th, 2021 and published on February 5th, 2021 (the "Offer Document").

On the basis of the final results of the Offer communicated by UniCredit Bank AG, Milan Branch - the intermediary in charge of coordinating the collection of acceptances to the Offer - during the Acceptance Period have been tendered to the Offer:

• (i) no. 14,864,713 Ordinary Shares, equal to 92.75167% of the share capital represented by Ordinary Shares;

• (ii) no. 3,000,000 Multiple-Vote Shares, equal to 100% of the share capital represented by Multiple-Vote Shares; and

• (iii) no. 130,668 Special Shares, equal to 98.00051% of the share capital represented by Special Shares.

Therefore, the Shares tendered to the Offer represents approximately 93.92313% of the Issuer's share capital, for a total countervalue (calculated on the basis of the Consideration) equal to EUR 82,778,752.60.

The total quantity of Shares tendered to the Offer during the Acceptance Period is unchanged compared to the provisional results communicated by the Offeror on March 12th, 2021.

As announced on March 15th, 2021, March 16th, 2021 and March 17th, 2021, the Offeror carried out purchase transactions outside of the Offer, subject to notification obligation pursuant to article 41, paragraph 2, lit. c) of the Regulation adopted by CONSOB with resolution no. 11971 of 14 May 1999, as subsequently amended and supplemented, concerning no. 454,683 Ordinary Shares of the Issuer at unit prices lower than EUR 4.600 (i.e., the Consideration offered for each Share in the context of the Offer).

Since all the Offer Conditions have been fulfilled, the Offeror will purchase all the Shares tendered to the Offer during the Acceptance Period for a Consideration for each Share equal to EUR 4.600 that will be paid to the shareholders accepting the Offer:

• a) with reference to the Ordinary Shares and the Special Shares tendered to the Offer, on Friday March 19th, 2021 against the simultaneous transfer of the right of ownership of such Ordinary Shares and Special Shares in favor of the Offeror; and

• b) with reference to the Multiple-Vote Shares tendered to the Offer, on Wednesday March 31st, 2021 against the simultaneous transfer of the right of ownership of such Multiple-Vote Shares in favor of the Offeror.

In light of the results of the Offer announced on March 12th, 2021, Borsa Italiana S.p.A. with notice no. 7855 of March 15th, 2021 ordered that the Ordinary Shares and Warrants of CFT will be delisted as of March 22nd, 2021.

It is recalled that articles 108 (Obligation to Purchase) and 111 (Right to Purchase) of the Consolidated Law on Finance will not apply, since the Shares are not listed on a "regulated market" as defined by art. 1, paragraph 1, lit. w-ter), of the Consolidated Law on Finance and since such provisions of the Consolidated Law on Finance are not referred to in the by-laws of CFT.

For any further information, please refer to the Offer Document published on the website of ATS(www.atsautomation.com), the Global Information Agent(www.georgeson.com/it)and CFT(https://www.cft-group.com/investor-relations/).

ATS Automation Holdings Italy S.r.l.

The ATS group is a leader in automation solutions and operates in the planning, design, construction, commissioning and maintenance of automated production and assembly systems, including automation products. Founded in 1978, ATS employs approximately 4,200 people at 20 manufacturing facilities and over 50 offices in North America, Europe, Southeast Asia and China. The shares of the holding company of the ATS group are traded on the Toronto Stock Exchange.

Contacts:

Barabino & Partners

Stefania Bassi [phone]

Agota Dozsa [phone]