Tamburi Investment Partners S p A : Approved the issue of a bond for a nominal amount of euro 250 million, with the option to increase the amount by up to an additional euro 100 million

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

PRESS RELEASE

The Board of Directors of 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 several excellent entrepreneurial companies, approved today the issue of non-convertible, unrated, unsubordinated and unsecured bonds (the "Bonds"), for a nominal amount of Euro 250 million; the Company has the option to increase the nominal amount of the Bonds by up to an additional Euro 100 million (thus up to a nominal aggregate amount of Euro 350 million).

The approval provides that the Bonds shall have a maturity of five years from the issue date, a fixed interest rate of not less than 4.5% per annum payable annually, and redemption at par at maturity, subject to early redemption options in line with market practice (among which the early redemption at the option of the Company starting from the third year) and that the Bonds are issued at par, in denominations of Euro 1,000.

The proceeds of the Bonds are expected to be used for general corporate purposes. Subject to the successful completion of such new issue and to prevailing market conditions, the Company intents to proceed with the early redemption of its outstanding "€300,000,000 2.500 percent Bonds due 5 December 2024" (ISIN: XS2088650051).

For the purposes of the public offering (the "Offering") and listing of the Bonds, a prospectus will be published, approved by the Central Bank of Ireland (CBI) and "passported" into Italy.

It is also envisaged that the Bonds will be admitted to listing on the Regulated Market of the Official List of the Irish Stock Exchange - Euronext Dublin, and on the MOT Bond market organised and managed by Borsa Italiana S.p.A..

Equita S.I.M S.p.A. will act as placement agent and Banca Akros S.p.A. will act as joint bookrunner in the Offering.

The Offering is expected to start in the first half of June 2024, subject to market conditions at the time and following the receipt of admission to listing by the Irish Stock Exchange - Euronext Dublin and Borsa Italiana S.p.A. and the approval of the prospectus by the CBI. The prospectus, once approved, will be published on the Company's website (https://www.tipspa.it/en/) and on the website of Euronext Dublin (https://live.euronext.com/). The opening and closing dates and additional information relating to the Offering will be communicated through a further specific press release.

Milan, May 29, 2024

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TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INDUSTRIAL GROUP WITH 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.