INFORMATION FOR SHAREHOLDERS

FINANCIAL INSTRUMENTS ADMITTED TO TRADING

Ordinary shares:

SHARE CAPITAL AND SHAREHOLDING STRUCTURE

The Company’s subscribed and paid-up share capital consists of 85,200,000 shares,

• of which 3,987,480 listed ordinary shares (ISIN IT0005568461); and
• 81,212,520 unlisted multiple-vote shares (the “Multiple-Vote Shares”) (ISIN IT0005568479), all of which are held by the shareholder Vescovini Group S.p.A.

The following table shows the composition of the Company’s shareholding structure:

DISCLOSURE OBLIGATIONS OF SIGNIFICANT SHAREHOLDERS

Pursuant to the Euronext Growth Milan Issuers’ Regulations, shareholders holding an interest in the share capital of SBE Varvit S.p.A. (the “Issuer”) must notify any “substantial change”, meaning the reaching or exceeding of the thresholds of 5%, 10%, 15%, 20%, 25%, 30%, 50%, 66,6% and 90% of the Issuer’s share capital, as well as any reduction below the aforementioned thresholds (the “Substantial Change”). In the event of the issuance of multiple-vote shares, this also applies to a shareholder holding 5% on the basis of the ordinary shares. Furthermore, in the event of the issuance of multiple-vote shares, for the purposes of complying with the disclosure obligations, share capital shall mean both the total number of voting rights and the number of ordinary shares held, and both notifications are required.

For the purpose of calculating the interests held by a so-called significant shareholder – i.e. a shareholder holding at least 5% or more in a category of Euronext Growth Milan shares (excluding treasury shares), pursuant to the regime governing significant shareholdings under the Italian Consolidated Law on Finance – the following must be taken into account: i) the interests of which the shareholder is the holder (even if the voting right belongs or is attributed to third parties); ii) the interests in respect of which the voting right belongs or is attributed to the shareholder; iii) the shares held by intermediaries, fiduciaries or controlled companies, or in respect of which the voting right belongs or is attributed to such persons; and iv) all shares contributed to a shareholders’ agreement concerning the exercise of voting rights in the Issuer.

For the purposes set out above, promptly and in any event within 4 trading days from the transaction giving rise to the obligation (regardless of the settlement date), or from the day on which the significant shareholder becomes aware of events resulting in changes to the Issuer’s share capital, the significant shareholder must notify the Issuer of:

1. its identity;
2. the date on which the Issuer was informed;
3. the date on which the Substantial Change in the shareholding occurred;
4. the nature and extent of the significant shareholder’s interest in the transaction (in the event of the issuance of multiple-vote shares, the number of voting rights and the number of ordinary shares held).

The notification must be made using the attached form download PDF and sent by certified email (PEC) to the following address: sbe@pec.vescovinigroup.com and, for information, to investor@varvit.com  

DISSEMINATION OF REGULATED INFORMATION

For the transmission and storage of Regulated Information, the Company uses the 1INFO-SDIR system, managed by Computershare S.p.A., with registered office at Via L. Mascheroni 19, Milan, and authorised by CONSOB. 

EURONEXT GROWTH ADVISOR AND CONSULTANTS

Equita SIM: Euronext Growth Advisor and Specialist

KPMG S.p.A.: Independent Auditor