SECOND QUARTER 2024 HIGHLIGHTS 2Q 2024 OVERALL INVOICED SALES AMOUNTED TO €84.4 MILLION, UP 1% FROM €83.5 MILLION IN 2Q 2023. 2Q 2024 BRANDED SALES WERE €76.4 MILLION, UP 2.5% COMPARED TO 2Q 2023 AND UP 7.3% COMPARED TO 2Q 2019. WE COMPLETED OUR TRANSITION TO A BRANDED RETAIL GROUP: 2Q 2024 BRANDED SALES ARE 93.2% OF TOTAL SALES, FROM 91.9% IN 2Q 2023 AND 80.6% IN 2Q 2019. 2Q 2024 DOS SALES WERE €20.0 MILLION, UP 6.2% FROM 2Q 2023. IN THE US, DOS SALES GREW 32.8% FROM 2Q 2023 AND 12.9% FROM STRONG 2Q 2022, CONFIRMING OUR COMMITMENT TO US RETAIL GROWTH, CHIEFLY FOR NATUZZI ITALIA. 2Q 2024 GROSS MARGIN WAS 38.1%, COMPARED TO 36.4% IN 2Q 2023, 31.4% IN 2Q 2022, AND 27.9% IN THE PRE-COV

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2024 second quarter financial information on Tuesday October 22, 2024, after the market closes. The Company will host a conference call on Wednesday October 23, 2024, at 11:00 a.m. U.S. Eastern time (5.00 p.m. Italy time, or 4.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registe

First Quarter 2024 Highlights 1Q 2024 Overall Invoiced Sales Amounted to €84.5 Million, Substantially in Line With the Level of Activity of Last Year. In 1Q 2024, Sales From Directly Operated Stores Were €20.5 Million, up 13.6% From 1Q 2023 and 10.0% From 1Q 2022, Confirming Our Focus on Strengthening Direct Retail. In North America, DOS Sales Grew 29.8% From 1Q 2023 and 32.4% From 1Q 2022, Highlighting Our Commitment to Regional Retail Growth, Especially for Natuzzi Italia. Improved 1Q 2024 Gross Margin at 36.9%, Compared to 35.6% in 1Q 2023, 34.3% in 1Q 2022 and 30.1% Versus the Pre-COVID Level of 1Q 2019. 1Q 2024 Operating Profit of €0.6 Million Compared to an Operating Loss

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2024 first quarter financial information on Friday June 21, 2024, after the market closes. The Company will host a conference call on Monday June 24, 2024, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registering

The Group of Seven (G7), comprising presidents and political leaders of Italy, Canada, France, Germany, Japan, the United Kingdom, and the United States, along with the European Union leaders, will convene for the 50th G7 Summit from June 13 to 15, 2024, in Apulia. This year marks a historic first as Pope Francis will participate in the summit, emphasizing the importance of ethical considerations and social justice in global economic discussions. Natuzzi Italia is honoured to have been selected to furnish the meeting rooms for bilateral leader meetings at the G7 in Apulia. Among the collections featured will be Re-vive, the iconic collections which celebrates its 10th anniversary. Pasqu

─ Approved the Company's Financial Statements for 2023 ─ Appointed Members of the New Board of Directors for the Three-year Period 2024-2026 ─ Antonio Achille and Pasquale Natuzzi Confirmed, Respectively, as CEO and Executive Chairman of the Board of Directors ─ Appointed New External Auditors for the Three-year Period 2024-2026 Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company" and, together with its subsidiaries, the "Natuzzi Group") announced today that it held on first call its annual general shareholders' meeting on May 30, 2024 (the "Annual General Meeting"). At the Annual General Meeting, the shareholders approved the Company's stand-alone financial statements for the fi

May 13th is the anniversary of the Natuzzi listing on the New York Stock Exchange, with an uninterrupted presence of 31 years in the largest stock exchange market. Since the Company's initial public offering in 1993, the world has experienced profound changes, which led Natuzzi to evolve from a manufacturer, focused on the entry-level of the market, to a globally recognized brand, with legitimacy in the medium to high-end segments, whose collections are distributed through stores and qualified galleries in collaboration with strategic partners worldwide. The Natuzzi brand now enjoys significant global awareness and recognition, particularly in markets such as US and China, which are piv

Regulatory News: Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") announced today that it filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended on December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC"). The Annual Report is available on the Company's website www.natuzzi.com within the Investor Relations page (http://natuzzigroup.com/en-EN/ir/investors.html), under the "SEC Filings" section. The Company's shareholders can request a hard copy of the Annual Report, that includes the audited consolidated financial statements, free of charge, by contacting the Company at [email protected]. About Natuzzi S.p.A. Founded in 1959 by

Natuzzi chooses the stage of two among the most relevant global furniture events, High Point Market in North Carolina, and the Design Week in Milan, to unveil the dense program of events and projects that will mark the calendar of its 65th anniversary. Founded in 1959 by Pasquale Natuzzi, Natuzzi's history has been, from its initial steps, marked by continuous innovation, while preserving its distinctive DNA that combines comfort, function and design to create harmonious living spaces. Natuzzi has influenced and inspired the furniture industry with its unique style and the introduction of colors in leather sofas since the early 70s. It is a story of success which led Natuzzi to the highes

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company"), as part of its strategy to consolidate and expand Natuzzi Italia retail presence in U.S., announces that, on April 9 2024, it hosted the grand opening of its Natuzzi Italia directly operated store (DOS) in Houston, TX. The store's location and retail space have been carefully selected to embody the essence of Natuzzi Italia Brand. The store is located at 1121 Uptown Park Boulevard in Houston. Uptown Park is a premium retail destination, home to various prestigious brands in the furniture sector, including Roche Bobois, RH and Pottery Barn, and it is close to "The Galleria" mall, which, among others, hosts luxury brands such as Gucci,

SECOND QUARTER 2024 HIGHLIGHTS 2Q 2024 OVERALL INVOICED SALES AMOUNTED TO €84.4 MILLION, UP 1% FROM €83.5 MILLION IN 2Q 2023. 2Q 2024 BRANDED SALES WERE €76.4 MILLION, UP 2.5% COMPARED TO 2Q 2023 AND UP 7.3% COMPARED TO 2Q 2019. WE COMPLETED OUR TRANSITION TO A BRANDED RETAIL GROUP: 2Q 2024 BRANDED SALES ARE 93.2% OF TOTAL SALES, FROM 91.9% IN 2Q 2023 AND 80.6% IN 2Q 2019. 2Q 2024 DOS SALES WERE €20.0 MILLION, UP 6.2% FROM 2Q 2023. IN THE US, DOS SALES GREW 32.8% FROM 2Q 2023 AND 12.9% FROM STRONG 2Q 2022, CONFIRMING OUR COMMITMENT TO US RETAIL GROWTH, CHIEFLY FOR NATUZZI ITALIA. 2Q 2024 GROSS MARGIN WAS 38.1%, COMPARED TO 36.4% IN 2Q 2023, 31.4% IN 2Q 2022, AND 27.9% IN THE PRE-COV

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2024 second quarter financial information on Tuesday October 22, 2024, after the market closes. The Company will host a conference call on Wednesday October 23, 2024, at 11:00 a.m. U.S. Eastern time (5.00 p.m. Italy time, or 4.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registe

First Quarter 2024 Highlights 1Q 2024 Overall Invoiced Sales Amounted to €84.5 Million, Substantially in Line With the Level of Activity of Last Year. In 1Q 2024, Sales From Directly Operated Stores Were €20.5 Million, up 13.6% From 1Q 2023 and 10.0% From 1Q 2022, Confirming Our Focus on Strengthening Direct Retail. In North America, DOS Sales Grew 29.8% From 1Q 2023 and 32.4% From 1Q 2022, Highlighting Our Commitment to Regional Retail Growth, Especially for Natuzzi Italia. Improved 1Q 2024 Gross Margin at 36.9%, Compared to 35.6% in 1Q 2023, 34.3% in 1Q 2022 and 30.1% Versus the Pre-COVID Level of 1Q 2019. 1Q 2024 Operating Profit of €0.6 Million Compared to an Operating Loss

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2024 first quarter financial information on Friday June 21, 2024, after the market closes. The Company will host a conference call on Monday June 24, 2024, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registering

FOURTH QUARTER 2023 HIGHLIGHTS 4Q 2023 INVOICED SALES AMOUNTED TO €84.1 MILLION, REFLECTING A DECREASE OF 27.8% COMPARED TO A STRONG 4Q 2022, WHICH BENEFITTED FROM A €16.9 MILLION REDUCTION IN BACKLOG. NET OF THE BACKLOG EFFECT, THE DECREASE WOULD HAVE BEEN OF 15.5%. DESPITE THE CHALLENGING MARKET CONDITIONS, WE CONTINUED INVESTING TO STRENGTHEN OUR BRANDED BUSINESS AND TO ACCELERATE THE RESTRUCTURING OF OUR OPERATIONS. IN 4Q 2023, BRANDED SALES REPRESENTED 92.2% OF TOTAL SALES, CONFIRMING THE TRANSITION TO A LIFESTYLE BRAND, WHICH IS THE RESULT OF MORE THAN A DECADE OF INVESTMENTS. SALES FROM RETAIL WERE 61.7% OF THE TOTAL. THESE PERCENTAGES WERE RESPECTIVELY 85.3% AND 52.2% AT TH

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2023 fourth quarter and full year financial information on Friday April 5, 2024, after the market closes. The Company will host a conference call on Monday April 8, 2024, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone af

THIRD QUARTER 2023 HIGHLIGHTS 3Q 2023 INVOICED SALES AMOUNTED TO €74.9 MILLION, REFLECTING A DECREASE OF 35.8% COMPARED TO 3Q 2022. THIS IS EQUIVALENT TO A DECREASE OF 15.2% COMPARED TO THE NORMALIZED SALES OF 3Q 2022, NET OF THE BACKLOG, WHICH WAS €28.3 MILLION. THE DECREASE OF 3Q 2023 INVOICED SALES IS OF 15.0% COMPARED TO 3Q 2019. 3Q 2023 BRANDED INVOICED SALES, WHILE BEING BELOW 3Q 2022, ARE UP 4.3% VS 3Q 2019. IN 3Q 2023, BRANDED SALES REPRESENTED 93.9% OF TOTAL BRANDED AND UNBRANDED SALES, COMPARED TO 90.9% IN 3Q 2022 AND 78.6% IN 3Q 2019. FROM WEEK 29 TO DATE, WRITTEN ORDERS SURPASSED RESULTS FROM THE SAME PERIOD IN 2022, TERMINATING A 15-MONTH SEQUENCE OF NEGATIVE COMPARISO

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2023 third quarter financial information on Friday November 24, 2023, after the market closes. The Company will host a conference call on Monday November 27, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: i) dial-in the following number: Toll/International: + 1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after r

SECOND QUARTER 2023 HIGHLIGHTS OVERALL 2Q 2023 INVOICED SALES AMOUNTED TO €83.5 MILLION, A DECREASE OF 28.5% VERSUS 2Q 2022, AND OF 9.4% VERSUS 2Q 2019, AS A RESULT OF PERDURING MACROECONOMIC HEADWINDS AFFECTING THE FURNISHINGS INDUSTRY. 2Q 2023 BRANDED INVOICED SALES, WHILE BEING BELOW 2Q 2022, ARE UP 4.7% VS 2Q 2019. IMPROVED GROSS MARGIN AT 36.4% ON REVENUE, COMPARED TO 31.4% IN 2Q 2022 AND 27.9% IN 2Q 2019. THE INCREASE IN GROSS MARGIN STEMS FROM THE ADVANTAGES GAINED THROUGH IMPROVED PRICE DISCIPLINE AND BETTER COST MANAGEMENT, WHICH HAVE OFFSET THE NEGATIVE IMPACT OF REDUCED SALES VOLUME ON INDUSTRIAL PRODUCTION COSTS. IN THE SECOND QUARTER OF 2023, WE ACHIEVED OPERATING BREA

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2023 second quarter financial information on Friday September 29, 2023, after the market closes. The Company will host a conference call on Monday October 2, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after regi

Natuzzi S.p.A. (NYSE:NTZ) ("we", "Natuzzi" or the "Company" and, together with its subsidiaries, the "Group"), one of the most renowned brands in the production and distribution of design and luxury furniture, today announces that Mr. Carlo Silvestri is the Chief Financial Officer of the Group, directly reporting to the CEO, Antonio Achille. Carlo brings over 20 years of international experience in finance as well as a solid knowledge of retail and wholesale dynamics gained with important luxury brands. Before joining Natuzzi, Carlo worked for Salvatore Ferragamo Asia, Hong Kong, where since 2013 he covered the role of Chief Financial Officer and Retail Excellence Director for Ferragamo A

First Quarter 2022 Highlights 1Q 2022 Invoiced Sales Increased 16.8% Compared to 1Q 2021 and 43.7% Compared to 1Q 2020 Written Orders in 1Q 2022 of €111.5 Million, 35.4% Above 1Q 2021 and 50.7% Above 1Q 2020 Gross Margin of 34.3%, Compared to 36.2% in 1Q 2021 and 34.2% in 1Q 2020. 1Q 2022 Margin Impacted by Rising Raw Materials and Energy Costs Operating Profit of €1.5 Million, Compared to an Operating Profit of €3.3 Million in 1Q 2021, Which Benefitted From an Extraordinary One-Off €2.8 Million COVID-Related Public Support. 1Q 2022 Operating Profit of €1.5 Million Compares With an Operating Loss of €4.9 Million in 1Q 2020 Cash of €51.2 Million as of March 31, 2022, Compared to €5

Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company" and, together with its subsidiaries, the "Group") announced today the resignation of its Chief Financial Officer, Mr. Vittorio Notarpietro, to pursue other opportunities outside the Global Furniture Industry. The effective date of Mr. Notarpietro's resignation, which is still under determination, is expected to occur within the second half of January 2022. The Company has already commenced an active search for a new Chief Financial Officer and is committed to find a profile that can continue to support the Group's retail and brand transformation currently ongoing. The Company and Mr. Notarpietro have agreed that Mr. Notarpietro will co

Q1 2021 DELIVERED SALES +23.1%, ON ROBUST ORDER BACKLOG YTD POSITIVE MOMENTUM CONTINUES WITH FIRST 18 WEEKS WRITTEN ORDERS IMPROVING ON KEY BUSINESS DIMENSIONS (BRANDS, GEOGRAPHIES) VS BOTH 2020 AND THE PRE-PANDEMIC RESULTS OF 2019 GROSS PROFIT MARGINS EXPAND, OFFSETTING GROWING COST OF RAW MATERIALS OPERATING PROFIT IMPROVES TO HIGHEST LEVELS SINCE Q4 2016 PROFIT FOR THE PERIOD OF €5.9 MILLION INCLUDING €4.8 MILLION OF GAIN FROM THE DISPOSAL OF POLIURETHAN MANUFACTURING SUBSIDIARY AVAILABLE CASH INCREASED BY 83.5% TO €54.1 MILLION VS €29.5 MILLION AS OF MARCH 31, 2020 EPS TURNS POSITIVE (€0.11 PER SHARE) ON MAY 10TH 2021, THE BOARD OF DIRECTORS APPROVED A NEW GOVERNANCE S

─ Approved 2020 Stand-Alone Financial Statements ─ Appointed Members of the New Board of Directors NEW CEO ANTONIO ACHILLE APPOINTED TO WORK IN COOPERATION WITH FOUNDER AND CHAIRMAN Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company" and, together with its subsidiaries, the "Natuzzi Group") announced today that it held, on second call, its annual general shareholders' meeting on May 7, 2021 (the "Annual General Meeting"). At the Annual General Meeting, the shareholders approved the Company's stand-alone financial statements for the fiscal year ended December 31, 2020 and acknowledged the approval of the 2020 consolidated financial statements of the Natuzzi Group by the Company's Board