The majority shareholder of Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") has notified the Company that it will not participate to the Company's shareholder meeting convened, on first call, for April 30, 2021. Accordingly, the Company's shareholder meeting will be held, on second call, on May 7, 2021.

The Bank of New York Mellon, as Depositary of the American Depositary Receipt ("ADR") program of the Company, informed the Company that, with regard to the matters to be voted upon at the shareholder meeting on May 7, 2021, it will consider as proper and timely submitted any instructions to vote that are received from any ADR holder by 12:00 pm EST on May 3, 2021.

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