SOL Group: SOL S.p.A. issued long-term bonds, subscribed by institutional investors for a total amount of 75 million Euros aimed at supporting future investments.

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PRESS RELEASE

SOL Group: SOL S.p.A. issued long-term bonds, subscribed by institutional investors for a total amount of 75 million Euros aimed at supporting future investments.

Following to the approval by the Board of Directors on 17th February 2022 of a long-term financing, by way of issuing a non-convertible bond for an aggregate nominal amount up to Euro 75 million, SOL S.p.A. informs that on the date hereof has completed the private placement of non-convertible bonds on the American market (U.S. Private Placement), fully subscribed by five institutional investors (The Prudential Insurance Company of America, Prudential Legacy Insurance Company of New Jersey, Prudential Term Reinsurance Company, Pruco Life Insurance Company e Gibraltar Universal Life Reinsurance Company).

The long-term bonds are for a total amount of 75 million Euros, with 20 years maturity and 1,89% coupon.

The proceeds resulting from the bonds will be used to support the development of corporate activities and thus Group's current and future investments, taking most of the opportunities offered by the market.

In the transaction SOL S.p.A was advised by the legal advisors Bonelli Erede with Lombardi and Latham & Watkins (Milan, Italy), and by the fiscal advisor M.M.G. Commercialisti Associati (Monza, Italy).

SOL is the head company of a multinational Group operating in Europe, Turkey, Morocco, Brazil, India and China. The Group is active in two main business sectors: production, applied research and trade of industrial, medicinal and pure gases (Technical Gases) and in oxygen and respiratory related home cares (Home Care).

Contact:Barabino & Partners Marina Riva

Ph [phone]

Monza, 6th April, 2022