Aster S.r.l. Investment Program

Following the investment program pursuant to the Ministerial Decree of October 30, 2019, Aster S.r.l. has presented an investment program with a total amount of €3,000,000.00 plus VAT, aimed at purchasing the following assets:

• ASSET No. 1: 2 molds for NANO type drippers
• ASSET No. 2: 2 molds for TFD type drippers
• ASSET No. 3: 4 molding cells
• ASSET No. 4: Accessory machines related to molds
• ASSET No. 5: 1 automatic quality control system
• ASSETS No. 6/7: Expansion of electrical system, water and air system

These assets will enable the self-production of semi-finished products and raw materials previously purchased from external suppliers, thus reducing the production costs of each product made.

Through the implementation of this investment program, Aster S.r.l. will be able to offer a technologically advanced product, suitable for all types of cultivation, allowing entry into new foreign markets with prices competitive with those of existing large production companies.

The investment program presented by Aster S.r.l. is aimed at achieving the objectives outlined in the Industria 4.0 plan. This includes the utilization of enabling technologies such as horizontal and vertical integration. The purchase of machinery for in-house production of raw materials and semi-finished goods will allow production lines to interconnect, enhancing efficiency and reducing downtime by enabling seamless data sharing across facilities.

The program also focuses on employing technological solutions to make the production process more sustainable and circular, involving efficient resource usage, reduced waste, and recycling of raw materials and processing water.

To support this investment program, an incentive of €2,250,000.00 has been granted, comprising:

• €1,050,000.00 as a grant for plant and equipment
• €1,200,000.00 as subsidized financing