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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: N/A

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)3

Direct: 46.730

Indirect: N/A

Paola Negri (HR & Organization Director)

Direct: 20.770

Indirect: N/A

Jacopo Tanaglia (Chief Financial Officer)

Direct: 31.154

Indirect: N/A

Stefano Semolini (General Counsel)

Direct: 29.077

Indirect: N/A

Matteo Merli (Chief Operating Officer)2

Direct: 7.269

Indirect: N/A

Marco Vesentini (Chief of Staff – Head of Corporate Development)

Direct: N/A

Indirect: N/A

Last update: 21 October 2026

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

2In office as of 1st December 2025.

3In office until 21st October 2026, as Chief Underwriting Officer.

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: 21.01.2026

Name: Andrea Beltratti

Operation: Purchase of ordinary shares

Volume: 900

Price in Euro: 23,120

Download - Available only in original language

Date: 22.01.2026

Name: Andrea Beltratti

Operation: Purchase of ordinary shares

Volume: 100

Price in Euro: 23,0500

Download - Available only in original language

Date: 05.05.2026

Name: Stefano Semolini

Operation: Assignment of ordinary shares pursuant to the performance shares plan 2022-2024 – II tranche

Volume: 29.077

Price in Euro: N/A

Download - Available only in original language

Date: 05.05.2026

Name: Jacopo Tanaglia

Operation: Assignment of ordinary shares pursuant to the performance shares plan 2022-2024 – II tranche

Volume: 20.769

Price in Euro: N/A

Download - Available only in original language

Date: 05.05.2026

Name: Simone Lazzaro

Operation: Assignment of ordinary shares pursuant to the performance shares plan 2022-2024 – II tranche

Volume: 31.154

Price in Euro: N/A

Download - Available only in original language

Date: 05.05.2026

Name: Paola Negri

Operation: Assignment of ordinary shares pursuant to the performance shares plan 2022-2024 – II tranche

Volume: 20.769

Price in Euro: N/A

Download - Available only in original language

Date: 05.05.2026

Name: Matteo Merli

Operation: Assignment of ordinary shares pursuant to the performance shares plan 2022-2024 – II tranche

Volume: 7.269

Price in Euro: N/A

Download - Available only in original language

Date: 07.05.2026

Name: Stefano Semolini

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 976

Price in Euro: 25,7347

Download - Available only in original language

Date: 10.05.2026

Name: Stefano Semolini

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 13.562

Price in Euro: 25,0056

Download - Available only in original language

Date: 07.05.2026

Name: Jacopo Tanaglia

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 697

Price in Euro: 25,7347

Download - Available only in original language

Date: 10.05.2026

Name: Jacopo Tanaglia

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 9.687

Price in Euro: 25,0056

Download - Available only in original language

Date: 07.05.2026

Name: Simone Lazzaro

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 1.046

Price in Euro: 25,7347

Download - Available only in original language

Date: 10.05.2026

Name: Simone Lazzaro

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 14.531

Price in Euro: 25,0056

Download - Available only in original language

Date: 07.05.2026

Name: Paola Negri

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 697

Price in Euro: 25,7347

Download - Available only in original language

Date: 10.05.2026

Name: Paola Negri

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 9.687

Price in Euro: 25,0056

Download - Available only in original language

Date: 07.05.2026

Name: Matteo Merli

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 224

Price in Euro: 25,7347

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Date: 10.05.2026

Name: Matteo Merli

Operation: Sale of ordinary shares to cover tax expenses related to the free assignment of ordinary shares in execution of the 2022-2024 performance share plan

Volume: 3.390

Price in Euro: 25,0056

Download - Available only in original language
Transactions with a total annual countervalue of less than EUR 50,000 per individual are not subject to the internal dealing disclosure obligation under the current Market Abuse regulations.