INFORMATION FOR SHAREHOLDERS

FINANCIAL INSTRUMENTS ADMITTED TO TRADING

Ordinary shares:

SHARE CAPITAL AND SHAREHOLDER

he subscribed and paid-up capital of the Company is made up of n. 117,000,000 shares,

• of which n. 3,000,000 ordinary shares share (ISIN IT0005568461); and
• 114,000,000 unlisted multiple voting shares (the “Multi Voting Shares”) (ISIN IT0005568479), the latter entirely held by the shareholder Vescovini Group S.p.A.

The following table illustrates the relative composition of the social company:

INFORMATION OBLIGATIONS OF SIGNIFICANT SHAREHOLDERS

Pursuant to the Euronext Growth Milan Issuers Regulation, those who participate in the capital of SBE Varvit S.p.A. (the “Issuer”) must communicate any “substantial change” or the achievement 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 the reduction below the aforementioned thresholds (the “Substantial Change”). In the case of issuing multiple voting shares, also a 5% shareholder on the basis of ordinary shares. Furthermore, in the case of issuing multiple voting shares, for the purposes of fulfilling the communication obligations, share capital means both the total number of voting rights and the number of ordinary shares held and both communications are due.

For the purposes of calculating the shareholdings held by the so-called shareholder significant – that is, it holds at least 5% or more in a category of Euronext Growth Milan shares (excluding treasury shares) pursuant to the regime for significant shareholdings in the Consolidated Law on Finance – i) the shareholdings it holds ( even if the right to vote belongs to or is attributed to third parties); ii) the shareholdings in relation to which the right to vote is attributed or attributed; iii) the shares owned by intermediaries, trustees, controlled companies or for which the voting right belongs or is attributed to such persons; and iv) the total shares contributed in a shareholders’ agreement having as its object the exercise of voting rights in the Issuer.

For the purposes of the above, promptly, and in any case within 4 trading days from the operation that determines the arising of the obligation (regardless of the date of execution) or from the day on which it became aware of the events that lead to changes in the share capital of the ‘Issuer, the significant shareholder must communicate to the Issuer itself:

1. your identity;
2. the date on which the Issuer was informed;
3. the date on which the Substantial Change in the shareholdings occurred;
4. the nature and extent of the significant shareholder’s participation in the transaction (in the case of issuing multiple voting shares, the number of voting rights and the number of ordinary shares held).

The communication must be made using the attached PDF download form to be sent via 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 in via L. Mascheroni 19, Milan and authorized by CONSOB.

EURONEXT GROWTH ADVISORS AND CONSULTANTS

Equita SIM: Euronext Growth Advisor and Specialist

KPMG S.p.A.: Auditing firm

Barabino & Partners S.p.A.: Investor & Media Relations Advisor