Davide Campari-Milano S.p.A. (BIT:CPR) commences share repurchases on May 12, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 12, 2022. As per the mandate, the company is authorized to repurchase its own shares. The repurchase can take place for a minimum price, excluding expenses, of the nominal value of the shares concerned and a maximum price of an amount equal to 10% above the opening price on the day of acquisition of the shares.

The Programme is intended to meet the obligations arising from stock option plans and other share-based incentive plans The program is valid till October 12, 2023.