Investor Relations

Disclaimer

The information on the financial instrument contained on this website (the "Information") does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities or is not for release, publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia) or for the account or benefit of any U.S. Person as that term is defined in the Securities Act (as defined below), Australia, Canada, Japan or South Africa or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful (the "Other Countries"). The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or pursuant to the corresponding regulations in force in Australia, Canada, Japan, South Africa or the Other Countries and may not be offered or sold in the United States or to a U.S. Person unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the securities act is available. no public offering of such securities is intended to be made in the United States, Australia, Canada, Japan or in the Other Countries.

In any Member State of the European Economic Area ("EEA"), the Information is only directed at and may only be communicated to persons who are "qualified investors" within the meaning of Article 2(1)(e) of EU Directive 2003/71/EC, as modified by EU Directive 2010/73/EU, (the "Prospectus Directive") in each case as implemented in the relevant jurisdiction ("Qualified Investors"). In particular, the Information does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities or is not for release, publication or distribution, directly or indirectly, in the Republic of Italy, other than to "qualified investors" ("investitori qualificati") as referred to in article 100 of Legislative Decree No. 58 dated 24 February 1998 (as amended), as implemented by article 35, paragraph 1(d) of CONSOB Regulation No. 20307 of 15 February 2018, as amended, pursuant to article 34-ter, paragraph 1, letter (b) of Regulation No. 11971 dated 14 May 1999 (as amended) and in accordance with any applicable Italian laws and regulations.

The Information to which this announcement gives access is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which the Information relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. Any person who is not a relevant person, a Qualified Investor or otherwise permitted under applicable law or regulation to access the Information should not act or rely on the Information contained herein.

The Information does not constitute a recommendation or invitation to acquire or sell any financial instrument or investment advice. The financial instrument to which the Information refers may not be suitable for your investment objectives. In order to understand the risks involved in the transactions and take an appropriate investment decision it will be necessary to consider the Information in the light of your knowledge and experience, resources, financial situation and investment objectives. If you are interested in receiving further Information on the financial instrument described in this website, read the admission document prepared for such financial instrument and consult your financial advisor.

The Information is exclusively for the use of visitors to this website, and it is forbidden to copy, transfer, transcribe, distribute or reproduce the information, or create a link to this website, without prior agreement from Milione S.p.A.

Milione S.p.A. declines all responsibility for the accuracy of contents of other websites which contain links to this website or which can be reached through a link to such websites. If there are links to any external websites, these should not be construed as having been checked or reviewed by Milione S.p.A., even only for purposes of completeness.

Confirmation of Understanding and Acceptance of Disclaimer

This announcement is for informational purposes only and is not directed to, nor is it intended for, access by persons located or resident in the United States, Australia, Canada or Japan or any of the Other Countries. By clicking on the link below to view the Information on the following web pages I certify that:

1. I am not resident of, or located in, the United States, Australia, Canada or Japan or any of the Other Countries or I am not a US Person; or
2. if I am a resident of, or located in, the EEA, I am a Qualified Investor (as defined above); or
3. if I am a resident of, or located in, the Republic of Italy, I am a "qualified investor" ("investitore qualificato"), as defined above; or
4. If I am a resident of, or located in, the United Kingdom, I am a Qualified Investor and a relevant person (as defined above).

By clicking the "YES" button I confirm to (i) have read and understood the disclaimer set out above which may affect my rights; (ii) agree to be bound by its terms; and (iii) be permitted under applicable law and regulations to have access to this announcement.