The Board of Directors approves free share capital increase to serve the assignment of "2019-2021 Equita Group Plan based on financial instruments" shares

• The free share capital increase will involve no. 224,200 ordinary shares, equal to 0.4% of the total outstanding shares as of today

The Board of Directors of Equita Group S.p.A. (the “Company”, “Equita” or the “Group”) today resolved upon the free share capital increase – exercising the mandate conferred by the Shareholders’ Meeting on 30 April 2019 – pursuant to articles 2443 and 2349 of the Italian Civil Code. The Board of Directors agreed to increase the Company’s share capital by a nominal amount of Euro 51.566, by issuing no. 224.200 ordinary shares[1] to be assigned to the Group’s employees who are beneficiaries of performance shares (already assigned in 2020) as part of the incentive plan “2019-2021 Equita Group Plan based on financial instruments” (the “Plan”).

The newly issued shares (equal to approximately 0.4% of the total outstanding shares), will be assigned in favour of beneficiaries according to the terms and conditions provided by the Plan.

For further information about the Plan – including the information required by Attachment 3A, Scheme 7, of the Issuers’ Regulation – please refer to the 2019 Remuneration report approved by the Board of Directors of the Company on 18 March 2020 (Corporate Governance section, Shareholders’ Meeting area).