Tamburi Investment Partners S p A : Closure of the offering of TIP bonds 2024-2029 for the overall amount of 290.5 million. Notice on closure of the offering relating to the exercise of the upsize option and results of the overall offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

CLOSURE OF THE OFFERING OF

TIP BONDS 2024-2029 FOR THE OVERALL AMOUNT OF 290.5

MILLION

notice on closure of the offering relating to the exercise of the

upsize option and results of the overall offering

Tamburi Investment Partners S.p.A. ("Company" or "TIP" - tip.mi), independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana S.p.A. which invests in excellent entrepreneurial companies, following the publication of the prospectus ("Prospectus") relating to the offering and admission to trading of the non convertible, unrated, unsubordinated and unsecured bonds (the "Bonds"), approved by the Central Bank of Ireland (CBI) on 30 May 2024 and subsequently passported into Italy and the notice on early closure of the Offering after reaching the Offer Amount of Euro 250,000,000 and exercise of the Upsize Option and reopening of the relevant Offering for an additional maximum amount of 50,000,000 published on 11 June 2024, announces that the Offering of the Bonds deriving from the Upsize Option on the regulated market Mercato Telematico delle Obbligazioni ("MOT") organized and managed by Borsa Italiana S.p.A. ("Borsa Italiana") closed today after reaching the amount of the Offering deriving from the Upsize Option of additional Euro 40,500,000.

Overall, an aggregate principal amount of Bonds of Euro 290,500,000 was subscribed at an Issue Price of 100% of the nominal value, consisting of no. 290,500 Bonds having a nominal value of Euro 1,000 each, for a gross proceeds amount of Euro 290,500,000.

The Issue Date of the Bonds, which corresponds to both the date on which investors will pay the Issue Price of the Bonds and the date on which interests will begin to accrue on the Bonds, will be 21 June 2024. The Trading Start Date (being the date of the beginning of trading of the Bonds on the MOT market), expected to be 21 June 2024, will be set by Borsa Italiana in accordance with article 2.4.3 of the Rules of the markets organised and managed by Borsa Italiana.

The Interest Rate of the Bonds, as communicated on 10 June 2024, is 4.625% per annum. Interests on the Bonds will be paid in arrear on 21 June in each year starting on 21 June 2025. Interests in respect of any Bond shall be calculated per Euro 1,000 in principal amount of the Bonds (the "Calculation Amount").

The amount of interests payable per Calculation Amount for any period shall be equal to the product of the Interest Rate (4.625%), the Calculation Amount and the day-count fraction, calculated on an "Actual/Actual (ICMA)" basis, as set out in the Prospectus, for the days of the relevant period, rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

The Maturity Date of the Bonds will be 21 June 2029.

Equita SIM acts as placement agent and joint bookrunner and Banca Akros acts as joint bookrunner in connection with the Offering.

Further information are available in the Prospectus published on the Company website (https://www.tipspa.it/en) and on Euronext Dublin website (https:\live.euronext.com/).

Milan, 17 June 2024

_______________________________________________________________________________

TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INDUSTRIAL GROUP THAT INVESTED, AMONG DIRECT INVESTMENTS AND/OR CLUB DEALS, MORE THAN 5 BILLION EURO (AT TODAY VALUES) IN COMPANIES DEFINED AS "EXCELLENT" FROM AN ENTREPRENEURIAL POINT OF VIEW AND WITH A LONG-TERM APPROACH, OF STRATEGIC SUPPORT AND GROWTH IN VALUE. CURRENTLY TIP HAS DIRECT OR INDIRECT INTEREST IN LISTED AND UNLISTED COMPANIES INCLUDING: ALIMENTIAMOCI, ALKEMY, ALPITOUR, AMPLIFON, APOTECA NATURA, ASSET ITALIA, AZIMUT BENETTI, BASICNET, BENDING SPOONS, BETA UTENSILI, BUZZOOLE, CENTY, CHIORINO, DEXELANCE, DOVEVIVO, EATALY, ELICA, ENGINEERING, HUGO BOSS, INTERPUMP, ITACA, LANDI RENZO, LIMONTA, LIO FACTORY, MONCLER, MONRIF, MULAN, OCTO TELEMATICS, OVS, ROCHE BOBOIS, SESA, SIMBIOSI, STARTIP, TALENT GARDEN, TELESIA, VIANOVA AND ZEST.

CONTACTS: ALESSANDRA GRITTI

CEO - INVESTOR RELATOR

TEL. [phone] MAIL: [e-mail]

THIS PRESS RELEASE IS ALSO AVAILABLE ON THE COMPANY'S WEB SITE WWW.TIPSPA.IT AND DISCLOSED BY 1INFO SDIR AND 1INFO STORAGE SYSTEM (WWW.1INFO.IT).

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IMPORTANT INFORMATION

This announcement is not for publication, distribution or release, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Canada, South Africa, Australia or Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration thereunder or pursuant to an available exemption therefrom. Neither this document nor the information contained herein constitutes or forms part of an offer to sell, or the solicitation of an offer to buy, securities in the United States.

This announcement has been prepared on the basis that any offer of securities as per the Prospectus Regulation in the United Kingdom and in any Member State of the European Economic Area and except in the case of a public offer in Italy on the basis of an English-language prospectus approved by the Central Bank of Ireland (CBI) and passported in Italy in accordance with applicable regulatory requirements, together with an Italian translation of the summary note, will be made pursuant to an exemption from the requirement to publish a prospectus for offers of securities provided for in the Prospectus Regulation. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129

(this Regulation and amendments together with any delegated act and implementing measures) and Regulation (EU) 2017/1129 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA"). This announcement is not a prospectus for the purposes of the Prospectus Regulation.

In the United Kingdom, this announcement and any investment activity to which it relates are available only to qualified investors within the meaning of Prospectus Regulation as it forms part of UK law by virtue of the EUWA, who are persons who (ii) are "investment professionals" falling within article 19(5) of the financial services and markets act 2000 (financial promotion) order 2005, as amended (the "Order"), or (ii) are persons falling within article 49(2)(a) to (d) of the Order ("high net worth companies, unincorporated associations etc."), or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Order) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated under the Order (all such persons together being referred to as "Relevant Persons"). In the United Kingdom, this announcement is directed only at Relevant Persons and must not be acted or relied on by anyone who is not a Relevant Person.

Neither Equita SIM S.p.A., nor Banca Akros S.p.A. nor their respective directors, managers, employees, consultants or representatives assume any responsibility whatsoever or make any declaration or guarantee, either express or implied, as to the truthfulness, accuracy or completeness of the information regarding TIP, its subsidiaries or associates, nor for any loss deriving from the use of this announcement or its contents or in relation to the same.

Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on Markets in Financial Instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EUR) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II product governance requirements) may otherwise have with respect thereto, the Notes have been subject to a product approval process, which has determined that: (i) the target market for the Notes is retail clients, eligible counterparties and professional clients, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to eligible counterparties and professional clients are appropriate (the "Target Market Assessment").

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the Notes. Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the manufacturers' Target Market Assessment. A distributor subject to MiFID

1. is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturers' Target Market Assessment) and determining appropriate distribution channels.