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Natuzzi Announces Appointment of Non-Executive Director

1. Mr. Pietro Labriola appointed non-executive director at Natuzzi, effective 2025. 2. Appointment reflects strategic changes within Natuzzi's leadership team.

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FAQ

Why Bullish?

The addition of Mr. Labriola as a director may enhance Natuzzi's strategic direction, similar to past executive appointments that drove price increases.

How important is it?

Executive changes often correlate with opportunities for strategic realignment, potentially leading to positive market sentiment.

Why Short Term?

With Mr. Labriola's appointment occurring before the next shareholder meeting, any immediate strategic initiatives may influence market perception.

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LZBHVTHBI
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)-- #NATUZZI--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) announced today that Mr. Pietro Labriola has formally accepted the appointment as a non-executive director of the Company by way of co-optation, effective August 6, 2025, further to the resolution adopted by the Board of Directors on July 29, 2025. Mr. Labriola will remain in office until the next Shareholders' Meeting, at which time it will be submitted for confirmation by the shareholders.

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