PRESS RELEASE

TraWell Co Secures Renewal of Exclusive Seven Year Concession for Luggage Protection Services at Nice Airport

Milan, October 25, 2023 - TraWell Co S.p.A. (Milan Stock Exchange, Ticker: TWL, OTCX New York, Ticker TRWAF), a global leader in luggage protection, luggage storage, and related services (including the Lost Luggage Concierge provided by Sotravel.com), announces its victory in the tender for the renewal of its integrated luggage protection services at Nice International Airport for seven years.

With the new agreement, in addition to integrated luggage protection services, a new multi- service concept store for passengers is included.

Nice Côte d'Azur Airport, strategically located on the French Riviera, serves as a crucial gateway to one of Europe's wealthiest and most visited tourist destinations. The airport served over 14 million passengers in 2019, and the airport's management has confirmed achieving pre-COVID passenger levels during summer 2023.

The PACA region (Provence-Alpes-Côte d'Azur) is among the most popular international tourist destinations, drawing visitors with its Mediterranean climate, vibrant culture, and luxury offerings.

The airport is also vital for business travel, given the growing technology, commerce, and services sectors in the region. Economic reports indicate consistent GDP growth for the region, suggesting long-term economic stability. This concession further solidifies TraWell's potential for significant revenue generation and the potential for extensive brand visibility for Safe-Bag throughout the period.

Rudolph Gentile, President of TraWell Co, stated, "We are extremely pleased to have secured this prestigious concession at Nice Côte d'Azur Airport, which validates our operational excellence and the dedication of our teams across all departments, whom I thank. We recognize the airport's crucial role in Trawell Co's network. Our presence in Terminals 1 and 2 allows us to offer high- quality services to a broad range of travelers and to strengthen our brand in a rapidly growing market."

For further information

TraWell Co. S.p.A.

Nomad

Investor Relations

Baldi Finance S.p.A.

investor.relations@trawellco.com

lcarra@baldiandpartners.it

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TraWell Co. S.p.A. published this content on 25 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2023 07:08:06 UTC.