Il Sole 24 ORE S p A : announces its first issuance of notes

Press release

Il SOLE 24 ORE S.P.A. ANNOUNCES ITS FIRST ISSUANCE OF 45 MILLION EUROS IN PRINCIPAL AMOUNT OF NOTES AIMED AT REFINANCING ITS EXISTING DEBT AND DEVELOPING THE CORPORATE STRATEGIES OF THE 24 ORE GROUP

Milan, 23 July 2021 - Il Sole 24 ORE S.p.A. announces that today it has entered into binding agreements for the issuance and subscription of unsecured and non-convertible notes in principal amount of 45 million Euro and with a maturity of 7 years, to be placed exclusively with qualified investors and in exemption from the rules on public offering under Regulation (EU) 2017/1129.

The notes will be issued on 29 July 2021 at an issue price equal to 99% of their principal amount and will have a coupon of 4.950%. The notes will be governed by English law, except for matters that are mandatorily governed by Italian law and will be listed as of 29 July 2021 on the multilateral trading facility "Euro MTF" of the Luxembourg Stock Exchange. The notes will not be assigned a rating.

The terms and conditions of the notes require compliance with a certain ratio between the net debt and the EBITDA of the 24 ORE Group as a condition to the incurrence of additional debt.

The issuance will be applied for refinancing the existing debt and developing the corporate strategies of the 24 ORE Group.

Il Sole 24 ORE S.p.A. has appointed Goldman Sachs International as Sole Global Coordinator & Physical Bookrunner, Goldman Sachs International and MPS Capital Services as Joint Bookrunners and Banca Popolare di Sondrio as Co-Manager, in relation to the placement of the notes.

The law firms Cleary Gottlieb Steen & Hamilton and Tombari D'Angelo e Associati acted as legal advisors to Il Sole 24 ORE S.p.A., and the law firm Simmons & Simmons acted as legal advisor to the Joint Bookrunners and the Co-Manager.

For more information:

Investor Relations:

Raffaella Romano - Tel: [phone]

e-mail:[e-mail]

Comunicazione e Relazioni Esterne:Ginevra Cozzi - Cell. 335 1350144 e-mail:[e-mail]

No action has been taken by Il Sole 24 ORE S.p.A., Goldman Sachs International, MPS Capital Services or Banca Popolare di Sondrio or any of their respective affiliates that would permit an offering of the notes or possession or distribution of this press release or any publicity material relating to the notes in any jurisdiction where action for such purposes is required. Persons into whose possession this press release comes are required to inform themselves about and to observe any such restrictions.

This press release shall not be distributed, whether directly or indirectly, in the United States of America (as defined in Regulation S contained in the US Securities Act of 1933, as subsequently amended - "Securities Act") or in any other country where the offer or the sale of the notes would be forbidden by the law. This press release is not, and is not part of, an offer or sale of the notes to the public or a solicitation to purchase or sell the notes, and there will be no offer of the notes or solicitation to sell or purchase the notes in any jurisdiction where such offer or solicitation would be forbidden by the law. The notes mentioned in this press release have not been and will not be registered under the Securities Act and

may not be offered or sold in the United States of America without a registration or a specific exemption from registration under the Securities Act.

In the United Kingdom, this press release is only intended for and may only be directed to persons who are (I) "qualified investors" within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (the "Prospectus Regulation") as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); or (II) investment professional, as such term is defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (III) persons falling within Article 49(1) and Article 49(2)(a) to (d) of the Order; or (IV) other persons to whom any invitation or inducement to engage in investment activity can lawfully be communicated in circumstances in which section 21(1) of the Financial Services and Markets Act 2000, as amended does not apply.

In Member States of the European Economic Area this press release is only intended for and may only be directed to persons who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation.

MiFID II professionals/ECPs-only / No PRIIPs KID - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) pursuant to Regulation (EU) 1286/2014 (the "PRIIPs Regulation") has been prepared as the offer is not addressed to retail investors in the EEA.

UK MiFIR professionals/ECPs-only / No UK PRIIPs KID - UK Manufacturer target market (UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No UK PRIIPs key information document (KID) pursuant to the PRIIPs Regulation as it forms part of UK domestic law by virtue of the EUWA has been prepared as the offer is not addressed to retail investors in the UK.