Basic Net SpA

AGM Information • Mar 27, 2025

Illustrative Report of the Board of Directors on point 1 of the Agenda

1. Statutory Financial Statements at December 31, 2024, accompanied by the Directors' Report, the Independent Auditors' Report and the Board of Statutory Auditors' Report. Resolutions thereon. Presentation of the Consolidated Financial Statements of the BasicNet Group at December 31, 2024.

Dear Shareholders,

we submit, for your deliberation, the following:

MOTION

the Shareholders' Meeting of BasicNet S.p.A., having reviewed the 2024 results, the Directors' Report and having noted the Board of Statutory Auditors' Report and that of the Independent Audit Firm EY S.p.A.,

RESOLVES

to approve the Directors' Report and the Financial Statements at December 31, 2024, in relation to each individual part and in its entirety.

Turin, March 7, 2025

for the Board of Directors The Chairperson Marco Daniele Boglione