BoD approves stock split, a Stock Grant Plan, a free share capital increase and calling of shareholders' meeting 28/04/2021 18:46

PRESS RELEASE

ABITAREIN: THE BOARD OF DIRECTORS APPROVES A 1:10 STOCK SPLIT

AND A STOCK GRANT PLAN FOR THE EXECUTIVE DIRECTORS AND THE EXECUTIVE WITH

STRATEGIC RESPONSIBILITIES

Also approved a free share capital increase to service it

MEETING CONVENED FOR 31 MAY 2021

Milan, 28 April 2021 - AbitareIn S.p.A. (the "Company"), a Milan-based leading company in the residential development sector, announces that in today's meeting the Board of Directors resolved to submit to the Shareholders' Meeting the approval of (i) the splitting of AbitareIn stock with a ratio of 1:10 (ii) a Stock Grant plan for the years 2021-2023 dedicated to the Managing Directors of the Company and the Executive with Strategic Responsibilities and (iii) a free capital increase to service the Stock Grant Plan 2021-2023.

Stock split

Today's Board meeting resolved to submit to the Shareholders' Meeting the proposal for a Company's Stock split in the ratio of 1:10 of the present 2,593,538 shares into 25,935,380 new ordinary shares, with the same characteristics.

The proposed transaction arises from the fact that the stock has been steadily increasing in value over time, with an increase of approximately 40% in the last year alone. In addition, the stock split, by reducing the unit market value, will have the effect of encouraging trade and increasing liquidity.

The transaction will be made by the withdrawal of the existing shares and the issuing, for each withdrew share, of 10 new shares.

The transaction will have no effect on the amount of the share capital or the characteristics of the shares but it will result in a 10-fold increase of the no. of shares making up the share capital and the consequent reduction to 1/10 of the unitary market value of the share.

If the proposal is approved by the Shareholders' Meeting, the Company will establish, in agreement with Borsa Italiana S.p.A., the effective date of the splitting and the start of trading of the new shares.

Please note that the approval of the proposed stock split will affect the content of the 2021-2023 Stock Grant Plan and the free capital increase to service it, which will be amended accordingly to take account of the split.

Stock Grant Plan

The Board meeting also resolved to submit to the Shareholders' Meeting the approval of a remuneration plan to be implemented through the free assignment of shares to Directors with executive powers, upon reaching certain performance targets set by the Board itself. The Plan is also aimed at the Company's Executive with Strategic Responsibilities.

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on STAR segment of the MTA - Italian Equities Market (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550 [e-mail] - [e-mail]

Share capital Euro 129,676.90 fully paid in - Share premium reserve: Euro 36,989,386

The Plan has a three-year time frame and aims to promote and pursue the objectives of aligning the remuneration of beneficiaries with the interests of shareholders as well as retaining the management, by envisaging up to 90,000 shares in favor of the Directors with executive powers and up to 12,000 shares in favor of the Executive with Strategic Responsibilities.

The information document on the 2021-2023 Plan, prepared pursuant to article 84-bis and Annex 3A, Scheme 7, of the Issuers' Regulation, will be made available to the public in accordance with the law and will be published on the Company's website www.abitareinspa.com.

Free Share Capital Increase

The Board of Directors also resolved to propose to the Shareholders' Meeting the approval of a free capital increase, pursuant to article 2349 of the Civil Code, for a maximum amount of Euro 5,100 corresponding to a maximum of 102,000 shares, necessary to implement the 2021-2023 Stock Grant Plan.

For more information on the transaction, please refer to the Illustrative Report prepared by the Board of Directors, which will be made available to the public on the Company's website www.abitareinspa.comas well as at the registered office in Milan, via degli Olivetani 10/12 and on the authorised storage mechanism "Info STORAGE" (https://www.1info.it/PORTALE1INFO).

Calling of the meeting

The Board thus resolved to convene, in single call, the ordinary and extraordinary shareholders' meeting on 31 May 2021 to discuss and resolve on the matters listed above. The notice of call and the relevant documents will be made available to the public within the time limits and in the manner prescribed by law.

***

AbitareIn S.p.A. is a company that leads the residential development sector in the city of Milan founded by Luigi Gozzini and Marco Grillo. The Company only undertakes residential urban regeneration projects, offering an aspirational product tailored to the living needs of today's families. AbitareIn stands out for its extremely innovative business model that involves creating a completely customisable "home" product that benefits from the economies of scale typical of an industrialised model. AbitareIn's strength is the implementation of a marketing strategy that permits real estate units to be sold before construction work begins. The company has been listed on the AIM Italia market of Borsa Italiana since April 2016. From 1 March 2021 it has been listed on the STAR segment of the MTA - Italian Equities Market (ticker: ABT.MI).

Alphanumeric code of the shares: ABT

ISIN: IT IT0005338493

Contacts:
Investor Relations	Press Office
Abitare In	Close to Media
Eleonora Reni	Luca Manzato - Mob. [phone]
[e-mail]	[e-mail]
	Sofia Crosta - Mob. [phone]

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

2

Company listed on AIM Italia (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550 [e-mail] - [e-mail]

Share capital Euro 129,676.90 fully paid in - Share premium reserve: Euro 36,989,386

[e-mail]

Davide Di Battista - Mob. [phone] [e-mail]

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

3

Company listed on AIM Italia (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550 [e-mail] - [e-mail]

Share capital Euro 129,676.90 fully paid in - Share premium reserve: Euro 36,989,386