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Shareholdings

The table shows the shareholdings of directors, auditors and top management.

SubjectShareholdings
Andrea Beltratti (Chairman)

Direct: 5.000

Indirect: N/A

Alberto Minali (Chief Executive Officer)

Direct: 103.845

Indirect: 3.442.349

Annapaola Negri-Clementi (Director)

Direct: -

Indirect: N/A

Federica Seganti (Director)

Direct: N/A

Indirect: N/A

Claudio Giraldi (Director)

Direct: N/A

Indirect: N/A

Elena Pistone (Director)

Direct: N/A

Indirect: N/A

Alberto Centurioni (Chairman Board of Auditors)

Direct: N/A

Indirect: N/A

Claudia Camisotti (Statutory)

Direct: N/A

Indirect: N/A

Saverio Ugolini (Statutory)

Direct: N/A

Indirect: N/A

Fabio De Ferrari1

Direct: 35.730

Indirect: N/A

Simone Lazzaro (Chief Underwriting Officer)

Direct: 31.153

Indirect: N/A

Paola Negri (HR & Organization Director)

Direct: 10.385

Indirect: N/A

Jacopo Tanaglia (Chief Financial Officer)

Direct: 20.769

Indirect: N/A

Stefano Semolini (General Counsel)

Direct: 14.538

Indirect: N/A

Matteo Merli (Chief Operating Officer)2

Direct: 3.634

Indirect: N/A

Last update: 23 January 2026

1In office until 30th November 2025, as Chief Operating Officer.

2In office as of 1st December 2025.

Resume 2025 - Shareholdings

Name and SurnameStocks

Alberto Minali

Position:Chief Executive Officer and General Manager

Shares held at the end of 2024: -

Shares purchased: 103.8451

Stocks sold: -

Shares held at the end of 2025: 103.845

Andrea Beltratti

Position:Chairman of the Board of Directors

Shares held at the end of 2024: -

Shares purchased: 4.000

Stocks sold: -

Shares held at the end of 2025: 4.000

Claudio Giraldi

Position:Director

Shares held at the end of 2024: 1.000

Shares purchased: -

Stocks sold: 1.000

Shares held at the end of 2025: -

Jacopo Tanaglia

Position:Chief Financial Officer

Shares held at the end of 2024: -

Shares purchased: 20.7691

Stocks sold: -

Shares held at the end of 2025: 20.769

Stefano Semolini

Position:General Counsel

Shares held at the end of 2024: -

Shares purchased: 29.0761

Stocks sold: 14.538

Shares held at the end of 2025: 14.538

Simone Lazzaro

Position:Chief Underwriting Officer

Shares held at the end of 2024: -

Shares purchased: 31.1531

Stocks sold: -

Shares held at the end of 2025: 31.153

Paola Negri

Position:HR & Organization Director

Shares held at the end of 2024: -

Shares purchased: 20.7691

Stocks sold: 10.384

Shares held at the end of 2025: 10.385

Matteo Merli

Position:Chief Operating Officer

Shares held at the end of 2024: -

Shares purchased: 3.6341

Stocks sold: -

Shares held at the end of 2025: -

1Shares attributed under the Performance Shares Plan 2022-2024 approved by the Shareholders' Meeting on April 4, 2022.

Transaction list

DetailsPdf

Date: 22.01.2026

Name: Andrea Beltratti

Operation: Purchase of ordinary shares

Volume: 900

Price in Euro: 23,120

Download - Available only in original language

Date: 23.01.2026

Name: Andrea Beltratti

Operation: Purchase of ordinary shares

Volume: 100

Price in Euro: 23,0500

Download - Available only in original language
Transactions with a total annual countervalue of less than EUR 20,000 per individual are not subject to the internal dealing disclosure obligation under the current Market Abuse regulations.