Compagnia Dei Caraibi

AGM Information • Nov 28, 2024

COMPAGNIA DEI CARAIBI: RESOLUTIONS OF THE ORDINARY SHAREHOLDERS' MEETING

• APPOINTMENT OF THE NEW AUDITING FIRM OF THE COMPANY AND THE GROUP COMPAGNIA DEI CARAIBI FOR THE PERIOD 2024-2026 HAVE BEEN APPROVED
• THE CORRECTION OF A MATERIAL ERROR FOUND IN THE MINUTES OF THE MEETING OF 15 JULY 2024 RELATING TO THE FINANCIAL LOSS REPORTED IN THE RESOLUTION OF APPROVAL OF THE COMPANY'S FINANCIAL STATEMENTS AS OF 31 DECEMBER 2023 AND ADOPTION OF A NEW RESOLUTION CONCERNING THE ALLOCATION OF THE FINANCIAL STATEMENTS RESULT AS OF 31 DECEMBER 2023 IN REPLACEMENT OF THE RESOLUTION ADOPTED FROM THE ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING ON 15 JULY 2024, HAVE BEEN APPROVED

Turin, November 28th, 2024 – Compagnia dei Caraibi S.p.A. Società Benefit ("Compagnia dei Caraibi" or the "Company"), a leading company in the import, development, brand building and distribution of premium to ultra-premium and prestige spirits, wines and soft drinksfrom all over the world, as well asItalian craft beers, announces that the Ordinary Shareholders' Meeting met today, in first call.

The Ordinary Shareholders' Meeting approved the consensual termination of the statutory auditing mandate to BDO Italia S.p.A. for the period 2023-2031 approved by resolution of the Shareholders' Meeting on 5 December 2023. At the same time, the assignment of the new assignment for the statutory audit of the Company and the Group for the period 2024-2026 to KPMG S.p.A. was approved, under the terms and conditions, including financial, of the offer formulated by the aforementioned auditing firm and reported in the motivated opinion of the Board of Statutory Auditors.

The appointment of the new statutory audit assignment of the Company for the period 2024-2026, following the early consensual termination of the statutory audit assignment with BDO Italia S.p.A. for the period 2023- 2031, became necessary following the entry into force of Law no. 21 of 5 March 2024 which, inter alia, repealed letter a) of art. 19-bis, paragraph 1, of Legislative Decree 39/2010, which included companies "issuing financial instruments distributed to the public to a significant extent" among the "entities subject to an intermediate regime" for the purposes of statutory audit, with the consequent applicability to them of the provisions of art. 17 of Legislative Decree 39/2010.

The Shareholders' Meeting also approved to grant the Chairman and Chief Executive Officer, with the power to sub-delegate also to third parties external to the Board of Directors, the power to implement the resolutions described above, including the powers to terminate the assignment with BDO Italia S.p.A., to carry out all communications required by the applicable legislation and connected to such termination, as well as to provide for all the obligations and formalities of communication, filing and publication relating to the above resolution, pursuant to the applicable legislation, with the possibility of making any formal changes that may be necessary and/or appropriate.

At the same time, the Shareholders' Meeting of the Company approved the correction of a material error found in the minutes of the meeting on 15 July 2024 relating to the loss for the financial year reported in the resolution approving the financial statements of the Company as of 31 December 2023 and the adoption of a new resolution concerning the allocation of the financial statements result as of 31 December 2023 in replacement of the resolution adopted from the ordinary and extraordinary shareholders' meeting on 15 July 2024.

Filing of the Documentation

The Minutes of the Shareholders' Meeting and the Summary Voting Report will be made available to the public within the terms of the law at the company's registered office, as well as by publication on the website of Borsa Italiana S.p.A. e on the Company website www.compagniadeicaraibi.com, "Investor Relations / Governance / Assemblea degli Azionisti" section.

This press release is available on the Company website www.compagniadeicaraibi.com, Investor Relations/Press releases section, and on the system for the distribution of the Regulated Information .

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Compagnia dei Caraibi S.p.A. Società Benefit (ticker: TIME, ISIN: IT0005453235) established in Vidracco (TO) in 2008, is the leading company in the import, development, brand building and distribution of premium to ultra-premium and prestige spirits, wines and soft drinks from all over the world, as well as Italian craft beers. The Company, listed on the Euronext Growth Milan stock market exchange since July 2021, is one of the most dynamic players on the market with a total catalogue of over 1,200 references imported and distributed exclusively in Italy. The Company currently operates in 34 countries with a direct presence in Italy, Germany, Spain and the United States. The Company has extended its business model with Dispensa, a project that directly addresses the end consumer with an omnichannel on and offline concept. Increasingly, the distribution model is focusing on the national and international consolidation of owned and co-owned brands: vermouth, liqueurs, beer. As of July 2021, Compagnia dei Caraibi is a Benefit Company; there are four permanent areas of responsible business practice (ESG): environment, culture, people and gender equality. In September 2023, Compagnia dei Caraibi obtained B Corp® certification, joining the international community of companies leading a global movement to promote an inclusive, fair and regenerative economic paradigm.

www.compagniadeicaraibi.com

For additional information

Compagnia dei Caraibi:

Investor Relator Fabio Torretta +39 0125 791104 investors@compagniadeicaraibi.com Euronext Growth Advisor:

Illimity Bank +39 02 82849699 compagniadeicaraibi@illimity.com