CFT S p A : ATS press release _ Fulfilment of the Lock-up Condition

ATS Automation Holdings Italy S.r.l.

Fulfilment of the Lock-up Condition

Milan, January 21, 2021 - In relation to the announcement made on 7 December 2020 by ATS Automation Holdings Italy S.r.l. (the "Offeror"), a company belonging to ATS Automation Tooling Systems Inc. with headquarters in Ontario, Canada, pursuant to Article 102, paragraph 1 of Legislative Decree no. 58, as subsequently amended and supplemented, as well as Article 37 of the Regulation adopted by Consob resolution no. 11971 of 14 May 1999, as subsequently amended and supplemented (the "102 Notice"), whereby the Offeror informed the market of its intention to launch a voluntary tender offer (the "Offer") on all the ordinary, multiple voting and special shares of CFT S.p.A. (the "Issuer"), the Offeror hereby announces that on 19 January 2021 the Issuer's Board of Directors, having acknowledged the fact that pursuant to the 102 Notice the Offer was conditional on the obtainment of the waiver from the Issuer and CFO SIM S.p.A. of the lock-up commitments undertaken on 18 July 2018 by the shareholders RPC S.r.l., A.E.A. S.r.l., Ma. Li. S.r.l. and F&B Capital Investment S.r.l., at the request of such shareholders, resolved to approve the waiver of such commitments, subject to the successful outcome of the Offer. In addition, on 21 January 2021 CFO SIM S.p.A. signed a letter of waiver of the lock-up commitments described above, subject to the successful outcome of the Offer. Therefore, the Lock-up Condition (as defined in the 102 Notice) has been satisfied.

ATS Automation Holdings Italy S.r.l.