Barbara Colombo, president of UCIMU: “The collection of machine tool orders is satisfactory, but affected by the delays in the supplies of raw materials and components and by the exorbitant increase of costs”. “We ask the Government to move, from April to June 2022, the delivery terms of machines ordered by the end of 2021, to ensure our customers the benefits established in the incentive measures regarding Industry 4.0” In the fourth quarter 2021, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE showed a 49.4%

2018 PRELIMINARY BALANCE Again this year we can say that "…the barometer for woodworking and furniture industry machinery and plants keeps pointing to nice weather". We used the same expression at the end of 2017, which closed with 11.6 percent growth over 2016, and we are repeating it this year to tell you about an excellent 9.5 percent growth recorded by production in the past twelve months compared to 2017. All economic variables analyzed by the Studies office of Acimall, the Confindustria association that represents industry companies, indicate that 2018 was another positive year

Bonfiglioli Riduttori S.p.A., the Bologna, Italy-based leader in power transmission for mobile and self-propelled machines, announced that it will be expanding its Hebron, KY operations in Q4 2014. The expansion will include the progressive addition of new production lines of planetary gearboxes for mobile machinery to support the construction, mining, agricultural and forestry industries. The expansion will create dozens of new jobs for the northern Kentucky region. The Hebron production line will be the first line of manufacturing in the U.S. for Bonfiglioli and will increase the Company’s