Revo Insurance

Pre-Annual General Meeting Information • Jul 23, 2021

PRESS RELEASE

REVO: SHAREHOLDERS' MEETING: CLARIFICATIONS FOR THE HYPOTHESIS OF EXTENSION OF EMERGENCY RULES

Milan, 23rd July 2021

REVO S.p.A., with respect to the Shareholders' Meeting convened for 4th August 2021 (see also the notice published on REVO website on 20th July 2021), on the assumption that the extension of the terms related to the state of epidemiological emergency from COVID-19 is confirmed, with specific reference the rules on the holding of assemblies, as introduced by Article 106, paragraph 7, of the decree-law of 17th March 2020, n. 18, converted with amendments by law 24th April 2020, n. 27, informs that it will proceed to integrate the convocation of the Shareholders' meeting providing the right, for shareholders with voting rights, to participate in the Shareholders' Meeting through a designated representative appointed pursuant to art. 135 undecies of the TUF; this as an alternative to the possibility of participation in presence at the Assembly, also through a delegate pursuant to art. 2372 of the Civil Code.

In this case, REVO will proceed to communicate, on the company's website and on a national newspaper, the methods and terms for being able to issue the aforementioned delegation to the appointed designated representative, also making available a specific model of delegation with voting instructions.

In any case, the record date to determine the legitimacy to exercise voting rights at the Shareholders' Meeting remains unchanged on 26th July, in accordance with the provisions of art. 83-sexies of the TUF.

This press release is available on websites www.revo-spac.com and

REVO S.p.A.

For more information please contact the following:

Investor Relations Manager Jacopo Tanaglia Tel. 045 - 8531662 e-mail: investor@revo-spac.com

REVO S.p.A. Equita SIM S.p.A.

NomAd e Specialista Via Turati 9, 20121, Milano Tel.: 02 62041 e-mail: revo@equita.eu

Media Relation

Incontra - Studio Cisnetto Enrico Cisnetto / Gianluca Colace / Massimo Pittarello Tel.: 06 - 4740739

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REVO (www.revo-spac.com) is a Special Purpose Acquisition Company (SPAC) promoted by Alberto Minali, Claudio Costamagna, Stefano Semolini, Simone Lazzaro and Jacopo Tanaglia. REVO's objective is to create a leading insurance company focused on specialty lines and parametric risks cover, primarily dedicated to SMEs. Achieving a Business Combination with a European player in this segment will enable REVO to start integrating a number of underwriters and MGAs in the specialty lines segment and developing the parametric business. REVO will have a lean structure and will employ cutting-edge technology to optimize and streamline both underwriting and claims management processes, including via the use of blockchain-based technologies.

REVO S.p.A.