Webuild S.p.A. (BIT:WBD) commences share repurchases on January 24, 2022, under the program mandated by the Annual General Meeting held on April 30, 2021. As per the mandate, the company is authorized to repurchase up to 88,181,058 shares, representing 9.87% of its issued share capital, such that the company's holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. The shares will be repurchased at a unit price that cannot differ in any event, either upwards or downwards, by more than 20% with respect to the price recorded for the share in the stock exchange trading session prior to each individual transaction.

The purpose of the program is to support the liquidity of the shares or to dispose of in the context of any extraordinary finance and/or incentive transactions and/or for other uses deemed to be of financial, managerial and/or strategic interest for the company. The program can be carried out within 18 months from the date of the shareholders' resolution and, therefore, by October 31, 2022. As of March 19, 2021, the company had 893,788,182 shares in issue and 1,330,845 treasury shares.