La Doria S p A : European Commission clearance obtained for the 63.13% acquisition of the share capital of La Doria by Amalfi Holding

JOINT PRESS RELEASE

(issued in accordance with Article 114 of Legislative Decree No. 58/1998 on behalf of Amalfi Holding

S.p.A./Ferraioli Family)

European Commission clearance obtained for the 63.13% acquisition of the share capital of La Doria S.p.A. ("La Doria") by Amalfi Holding S.p.A.

Closing of the transaction set for January 31, 2022

On closing, a mandatory PTO shall be launched on La Doria's shares at the price of Euro 16.50 per share

January 12, 2022 - Further to the press release issued on October 27, 2021 announcing the signing on that date between Amalfi Holding S.p.A. (owner of the Investindustrial VII L.P. fund, "Amalfi Holding") on the one hand, and the Ferraioli Family on the other hand, of a contract for the acquisition by Amalfi Holding of a total stake of 63.13 % in La Doria, it is announced that:

• on January 10, 2022, the European Commission authorised the transaction covered by this contract;
• the conditions for completion of the transaction set out in the agreement have been met, whose closing therefore should be completed on January 31, 2022.

As previously announced, as a result of the closing, among other matters:

• La Doria's new Board of Directors, appointed by the company's shareholders' meeting on December 16, 2021, will take office;
• the shareholder agreements that have already been made public in accordance with law will come into force;
• Amalfi Holding shall be required to launch a full public tender offer on the remaining La Doria shares at the price of Euro 16.50 for each share (corresponding to La Doria's value per share on the basis of the purchase transaction). Additional information regarding the offer shall be made public in accordance with law.

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