Italian Exhibition S p A : NON-REPAYABLE CONTRIBUTION

press release

A NON-REPAYABLE CONTRIBUTION OF APPROXIMATELY 9.8 MILLION EUROS HAS BEEN

GRANTED TO IEG BY SIMEST S.P.A.

Rimini, July 29th, 2021 - Italian Exhibition Group S.p.A. (IEG) a leading company in Italy in the organisation of international trade fairs, listed since June 2019 on the MTA (Milan Stock Exchange) organised and managed by Borsa Italiana S.p.A., informs that today it has received the communication from SIMEST S.p.A. concerning the granting of a non-repayable contribution from the Integrated Promotion Fund to compensate the fixed costs not covered by profits in the period from 1 March 2020 to 31 December 2020 for a total amount of Euro 9,777,808. The contribution is granted under Article 91, paragraph 3, of Decree-Law No. 104 of 14 August 2020 as part of the aid measures to support the economy in the face of the VOCID-19 emergency.

Disbursement is expected within thirty days from the presentation by the Company, which took place today, of the Declaration in lieu of the amounts granted pursuant to section 3.12 of the Temporary Framework on State Aid under which the contribution was recognised.

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FOCUS ON ITALIAN EXHIBITION GROUP

Italian Exhibition Group (IEG), listed on the MTA (screen-based stock exchange) organised and managed by Borsa Italiana S.p.A., has built up over the years, through its Rimini and Vicenza venues, a position of domestic leadership in the organisation of trade fairs and conferences, and has developed its foreign activities -also through joint ventures with global or local organisers, in the United States, United Arab Emirates and China -which have positioned it among the leading European operators in the sector.

For further information:

ITALIAN EXHIBITION GROUP S.P.A.

Investor Relator

Roberto Bondioli |[e-mail] | [phone]

Press Contact

Elisabetta Vitali |Head of media relations & corporate communication | [e-mail] | [phone]