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Revo Insurance

Transaction in Own Shares Dec 5, 2022

4376_rns_2022-12-05_6f751487-e105-4258-b188-791667d45a87.pdf

Transaction in Own Shares

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PRESS RELEASE

REVO INSURANCE: TRANSACTIONS ON OWN SHARES

Milan, 05/12/2022.

It is reminded the resolution approved by the Shareholders' Meeting held on September 5 th 2022, which gave the Board a mandate to purchase and dispose of own shares, subject to the condition upon the effectiveness of the listing of REVO Insurance on the market segment of the Italian Stock Exchange named Euronext STAR Milan, condition which was fulfilled on November 21st 2022.

Therefore, REVO Insurance S.p.A. announces the trading on own shares during the period from November 28 th to December 2 nd 2022

The table below reports the details of the transactions on own shares on a daily basis:

Date Transaction Quantity Average Price Counter Value
28/11/22 Purchase 970 8,5527 8.296,12
29/11/22 Purchase 1.611 8,4387 13.594,75
30/11/22 Purchase 1.700 8,3954 14.272,18
01/12/22 Purchase 1.000 8,3200 8.320,00
02/12/22 Purchase 801 8,4418 6.761,88
Total Purchases 6.082 8,4257 51.244,93

REVO Insurance currently owns a total of 134.189 own shares, equal to approximately 0,602% of its share capital, including only ordinary shares.

This press release is available at corporate website and at

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN

REVO Insurance S.p.A. Registered Office: Viale dell'Agricoltura 7, 37135 Verona Corporate headquarter: Via Mecenate 90, 20138 Milano tel: +39 02 9288 5700 | fax: +39 02 9288 5749 PEC: [email protected]

For further information please contact:

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

Investor Relations Manager Jacopo Tanaglia Phone: +39 045 8531662 e-mail: [email protected]

Euronext Growth Advisor e Specialista Via Turati 9, 20121, Milano Phone: +39 02 62041 e-mail: [email protected]

Media Relation

Incontra - Studio Cisnetto Enrico Cisnetto / Gianluca Colace / Massimo Pittarello Phone: +39 06 4740739

* * *

REVO Insurance S.p.A. (www.revoinsurance.com) is an insurance company based in Italy, listed on the Euronext STAR Milan market and active in non-life insurance with a focus on specialty lines and dedicated to the special risks (specialty lines) and parametric risks business, with a special focus on the SME sector. REVO Insurance was established on 21 November 2022 due to the merger between Elba Assicurazioni S.p.A., an insurance company dedicated mainly to the surety business, and REVO SPAC, the Special Purpose Acquisition Company (SPAC) which launched the business combination. REVO Insurance intends to stand out as an innovative and advanced player with a flexible business model taking advantage on a technological leadership to optimize and streamline the risk underwriting and claims management processes also through blockchain technology. REVO Insurance approach is also informed by a marked ESG vocation as essential feature of its strategic vision.

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN

REVO Insurance S.p.A.

Registered Office: Viale dell'Agricoltura 7, 37135 Verona Corporate headquarter: Via Mecenate 90, 20138 Milano tel: +39 02 9288 5700 | fax: +39 02 9288 5749 PEC: [email protected] www.revoinsurance.com

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