TraWell Co: The subsidiary Flysafeb Unipessoal renews the contract for the supply of services for five years at the airports of Lisbon, Porto, Faro, Funchal and Ponta Delgada.

PRESS RELEASE

TraWell - The subsidiary Flysafeb Unipessoal renews the contract for the supply of services for five

years at the airports of Lisbon, Porto, Faro, Funchal and Ponta Delgada.

Milan, 29 November 2022 - TraWell CO S.p.A. (Euronext Growth Milan, Ticker: TWL), a leading global provider of protection services, baggage storage, products, and ancillary services (including the Lost Luggage Concierge service provided by Sostravel.com), announces that its subsidiary Flysafeb Unipessoal LDA has signed an agreement with ANA, the managing company of the main airports in Portugal, which provides for the 5-year extension of the current contract at the airports of Lisbon, Porto, Faro, Funchal, and Ponta Delgada.

Flysafeb, already operational in the mentioned airports since the end of 2011 with baggage protection services, weigh and save service and sale of travel accessories, obtains the new contract extension confirming the recognition by the airport authority of the excellent quality of the service and continuously growing performance.

"After the renewals of the concessions in Toulouse and Athens, and the awarding of the tender for the concession of baggage protection services at the Milan Malpensa and Linate airports, we are happy to announce the five-year extension for the Portuguese airport system , thanks to the renewal of the contract with ANA" declares Rudolph Gentile, President and CEO of the TraWell Co group, adding: "With approximately 55 million passengers, and a constantly growing tourism industry, Portugal represents an important asset for TraWell Co ."

To conclude, Gentile states: "Today's extension falls within the framework of the "TraWell 2027" Business Plan, communicated to the market last October. We thank our local staff for the excellent work, and we confirm the commitment to support the growth of the business in Portugal."

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