Rai Way

Regulatory Filings • Jan 5, 2023

Press Release

LOSS OF "SME" STATUS PURSUANT TO ARTICLE 1, PARAGRAPH 1, LETTER W-QUATER.1) OF THE CONSOLIDATED LAW ON FINANCE

Rome, 5 January 2023 - Rai Way S.p.A. (hereinafter the "Company") hereby announces pursuant to Article 2-ter of the Regulations adopted by Consob with Resolution No. 11971 of 14 May 1999 ("Issuers' Regulations") - it has lost the "SME" (Small-Medium Enterprise) status as defined by Article 1, paragraph 1, letter w-quater.1) of Legislative Decree No. 58 of 24 February 1998 ("TUF").

This following the expiry, with December 31, 2022, of the transitional period provided for by Article 44-bis, paragraph 2, of Decree Law No. 76 of 16 July 2020, i.e., the two fiscal years following 2020.

It is recalled that the loss of SME status by the Company entails, in particular, the applicability of a new threshold for the purposes of disclosure obligations of material shareholdings pursuant to Article 120 TUF, set at 3% of the share capital. Therefore, shareholders who, as of the date of this press release, hold a stake above 3% and below 5% of the Company's share capital shall notify Consob and the Company in accordance with and under the terms of Articles 117, paragraph 2-bis, and 121, paragraph 3-bis, of the Issuers' Regulations.

Rai Way S.p.A.

Rai Way manages and develops the terrestrial broadcast infrastructure which carries the television and radio signals for RAI, the italian public broadcasting company, and for local broadcaster, also providing services to its business customers.

Rai Way has an extensive experience and technological, engineering and organisational know-how in the Italian media and broadcast infrastructure market. Such a unique expertise, together with the skills and ongoing training of its around 600 employees, makes Rai Way an ideal partner for any companies and entities seeking for integrated solutions to develop their network and transmit their signals.

Rai Way operates throughout the national territory and can rely on its headquarters in Rome, 20 local network centres and more than 2,300 sites across Italy.

For more information:

Rai Way S.p.A. Investor Relations Ph. +39 06 33173973 Ph. +39 06 33174009 investor.relations@raiway.it Image Building Media Relations Claudia Caracausi Mob. +39 3384476613 raiway@imagebuilding.it