Tamburi Investment Partners

Transaction in Own Shares • Apr 29, 2025

BUY-BACK DI 5 MILIONI DI AZIONI PROPRIE ENTRO IL 29 OTTOBRE 2026

Tamburi Investment Partners S.p.A. ("TIP" – tip.mi), gruppo industriale indipendente e diversificato quotato al segmento Euronext STAR Milan di Borsa Italiana S.p.A. che investe nelle eccellenze imprenditoriali, in data 29 aprile 2024 aveva comunicato che, nell'ambito dell'autorizzazione al piano di acquisto di azioni proprie deliberata dall'assemblea degli azionisti in data 29 aprile 2024, ai sensi dell'art. 144-bis del Regolamento Consob 11971/1999 (come successivamente modificato e integrato, il "Regolamento Emittenti"), intendeva dare esecuzione di un piano di acquisto di azioni proprie fino ad un massimo n. 5.000.000 di azioni da effettuarsi entro il 29 ottobre 2025 sul mercato Euronext Milan, organizzato e gestito da Borsa Italiana S.p.A.. Tale piano si è concluso in data odierna, con l'acquisto complessivo di n. 2.035.133 azioni, mentre si comunica che, nell'ambito dell'autorizzazione al piano di acquisto di azioni proprie deliberata dall'assemblea degli azionisti in data odierna, TIP intende dare esecuzione ad un programma di acquisto di azioni proprie fino ad un massimo di ulteriori n. 5.000.000 di azioni da effettuarsi entro il 29 ottobre 2026 sul mercato Euronext Milan, organizzato e gestito da Borsa Italiana S.p.A..

Tale programma di acquisto ha le seguenti finalità:

• l'alienazione e/o permuta di azioni proprie in vista o nell'ambito di accordi con partner strategici che rientrano nella strategia di sviluppo della società;
• l'esecuzione di operazioni coerenti con le linee strategiche della Società anche mediante scambio, permuta, concambio, conferimento, cessione o altro atto che comprenda l'utilizzo delle azioni proprie per l'acquisizione o cessione di partecipazioni o pacchetti azionari o altre operazioni di finanza straordinaria (quali a titolo esemplificativo fusioni, scissioni, emissione di obbligazioni convertibili o warrant, ecc.);
• l'attuazione di piani di incentivazione basati su azioni TIP a favore di amministratori e/o dipendenti della società;
• nel caso in cui non si rendesse necessario utilizzare tutte le azioni proprie per le finalità sopra indicate, le azioni potranno essere impiegate per operazioni di sostegno della liquidità del mercato, così da facilitare gli scambi sui titoli stessi in momenti di scarsa liquidità sul mercato e/o favorire l'andamento regolare delle contrattazioni.

Inoltre, TIP si riserva di destinare (in tutto o in parte) le azioni proprie detenute all'eventuale loro annullamento, nei termini e con le modalità che saranno deliberati dai competenti organi sociali.

Ai fini dell'attuazione di tale programma di acquisto la società opererà attraverso un intermediario specializzato e, a tale fine, ha conferito specifico incarico a Equita SIM S.p.A.. In particolare l'intermediario incaricato di coordinare ed eseguire le operazioni su azioni proprie opererà in piena indipendenza anche con riguardo ai tempi in cui effettuare l'acquisto delle azioni, nel rispetto di quanto previsto dalla normativa applicabile e dalla delibera assembleare del 29 aprile 2025.

Il prezzo unitario di acquisto e di alienazione delle azioni proprie dovrà essere stabilito di volta in volta per ciascuna giornata di operatività, in base ai seguenti criteri:

• − il prezzo di acquisto di ciascuna azione non dovrà essere inferiore al prezzo ufficiale di Borsa del titolo del giorno precedente a quello in cui verrà effettuata l'operazione di acquisto, diminuito del 20%, e non superiore al prezzo ufficiale di Borsa del giorno precedente a quello in cui verrà effettuata l'operazione di acquisto, aumentato del 10%, fermo restando l'applicazione delle condizioni e dei termini di cui all'art. 5 del Regolamento (UE) n. 596/2014 e all'art. 3 del Regolamento Delegato (UE) n. 1052/2016;
• − il prezzo di alienazione di ciascuna azione non dovrà essere inferiore al prezzo ufficiale di Borsa del titolo del giorno precedente a quello in cui verrà effettuata l'operazione di vendita, diminuito del 20%, fermo restando l'applicazione delle condizioni e dei termini di cui all'art. 5 del Regolamento (UE) n. 596/2014 e all'art. 3 del Regolamento Delegato (UE) n. 1052/2016.

L'assemblea ha determinato che il limite di corrispettivo in caso di acquisto non troverà applicazione qualora sul mercato si verifichino circostanze di carattere straordinario mentre, in caso di alienazione, non troverà applicazione in ipotesi di atti di alienazione diversi dalla vendita ed in particolar modo in casi di scambio, permuta, concambio, conferimento, cessione o altro atto di disposizione di azioni proprie effettuati nell'ambito di acquisizioni di partecipazioni o di attuazione di progetti industriali o altre operazioni di finanza straordinaria che implichino l'assegnazione o disposizione di azioni proprie (quali a titolo esemplificativo fusioni, scissioni, emissione di obbligazioni convertibili o warrant, ecc.) ovvero nei casi di assegnazione delle azioni ai dipendenti, collaboratori, amministratori (ad es. a servizio di piani di incentivazione basati su azioni TIP); in tali casi potranno essere utilizzati criteri diversi, in linea con le finalità perseguite e tenendo conto delle prassi di mercato pro tempore vigenti, delle indicazioni di Borsa Italiana S.p.A. e delle raccomandazioni Consob.

I quantitativi giornalieri di acquisti potranno eccedere il 25% del volume medio giornaliero di azioni negoziato sul mercato Euronext Milan, organizzato e gestito da Borsa Italiana S.p.A., calcolato nei venti giorni precedenti ad ogni data di acquisto, ed il programma continuerà regolarmente anche durante il cosiddetto Closed Period.

Le operazioni di acquisto potranno essere eseguite sul mercato, in una o più volte, anche su base rotativa, nel rispetto dei limiti di legge, sui mercati regolamentati secondo le modalità operative stabilite dai regolamenti di organizzazione e gestione dei mercati stessi e concordate con Borsa Italiana S.p.A., che consentano il rispetto della parità di trattamento degli azionisti, ai sensi dell'articolo 132 del D.Lgs. 24 febbraio 1998, n. 58 (come successivamente modificato e integrato, il "TUF") e dell'articolo 144-bis, comma 1, lettera b), del Regolamento Emittenti, nonché in conformità ad ogni altra applicabile normativa, ovvero con modalità diverse, ove consentito dall'articolo 132, comma 3, del TUF, o da altre disposizioni di legge o regolamentari di volta in volta applicabili al momento dell'operazione. Le operazioni di acquisto potranno essere effettuate anche attraverso il ricorso a procedure di offerta pubblica di acquisto o di scambio ai sensi dell'art. 144-bis, comma 1, lettera a), del Regolamento Emittenti, previa delibera del Consiglio di Amministrazione in conformità alla normativa vigente. L'acquisto di azioni proprie potrà avvenire con modalità diverse da quelle sopra indicate, nonché, in ogni caso, nel rispetto e con le modalità operative previste ai sensi del Regolamento (UE) n. 596/2014, della relativa normativa comunitaria e nazionale di attuazione e, ove applicabili, delle prassi di mercato ammesse pro tempore vigenti.

Al 29 aprile 2025 la società detiene n. 20.415.428 azioni proprie pari all'11,073% del capitale sociale. Eventuali successive modifiche di tale programma verranno tempestivamente rese note al pubblico. Parimenti sarà data comunicazione al mercato, ai sensi delle disposizioni vigenti, dei dettagli di eventuali operazioni di acquisto effettuate.

Milano, 29 aprile 2025

TIP - TAMBURI INVESTMENT PARTNERS S.P.A. È UN GRUPPO INDUSTRIALE INDIPENDENTE E DIVERSIFICATO CHE HA INVESTITO, TRA OPERAZIONI DIRETTE E CLUB DEAL, OLTRE 5 MILIARDI DI EURO (A VALORI ODIERNI) IN AZIENDE "ECCELLENTI" SUL PIANO IMPRENDITORIALE IN OTTICA DI LUNGO TERMINE, DI ACCOMPAGNAMENTO STRATEGICO E DI CRESCITA DI VALORE. ATTUALMENTE TIP HA INVESTIMENTI DIRETTI E INDIRETTI IN SOCIETÀ QUOTATE E NON QUOTATE TRA CUI: ALIMENTIAMOCI, ALPITOUR, AMPLIFON, APOTECA NATURA, ASSET ITALIA, AZIMUT BENETTI, BASICNET, BENDING SPOONS, BETA UTENSILI, BUZZOOLE, CENTY, CHIORINO, DEXELANCE, DOVEVIVO, EATALY, ELICA, ENGINEERING, HUGO BOSS, INTERPUMP, ITACA, LANDI RENZO, LIMONTA, LIO FACTORY, MONCLER, MONRIF, MULAN, OCTO TELEMATICS, OVS, ROCHE BOBOIS, SESA, SIMBIOSI, STARTIP, TALENT GARDEN, TELESIA, VIANOVA E ZEST.

Contatti: Alessandra Gritti

Amministratore Delegato – Investor Relator Tel. 02 8858801 mail: gritti@tamburi.it

Questo comunicato stampa è disponibile anche sul sito internet della Società www.tipspa.it e veicolato tramite sistema SDIR e Storage ().

BUY-BACK OF 5 MILLION TREASURY SHARES BY OCTOBER 29, 2026

Tamburi Investment Partners S.p.A. ("TIP" - tip.mi) independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana S.p.A. which invests in excellent entrepreneurial companies, on April 29, 2024 had communicated that, as part of the authorization for the buy-back plan approved by the shareholders' meeting on April 29, 2024, pursuant to art. 144-bis of Consob Regulation 11971/1999, intended to execute a plan for the purchase of treasury shares up to a maximum of no. 5,000,000 of shares to be carried out by 29 October 2025 on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A.. This plan was concluded today, with the overall purchase of no. 2,035,133 shares, while it is announced that, as part of the authorization for the buy-back plan approved by the shareholders' meeting today, TIP intends to execute a buy-back program up to a maximum of further n. 5,000,000 of shares to be carried out by 29 October 2026 on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A..

This purchase program has the following purposes:

• the sale and/or exchange of own shares in view of or in the context of agreements with strategic partners that are part of the company's development strategy;
• the execution of investment operations consistent with the strategic lines of the company, including through the exchange, exchange, share swap, contribution, sale or other deed of disposal of treasury shares for the acquisition of shareholdings or share packages or other extraordinary finance operations that involve the assignment or disposal of treasury shares (such as, for example, mergers, incorporations, demergers, the issue of convertible bonds or warrants, etc.);
• the implementation of incentive plans based on TIP shares in favor of directors and/or employees of the company;
• in the event that it is not necessary to use all the treasury shares for the purposes indicated above, the shares may be used for operations to support the liquidity of the market, so as to facilitate trading on the securities themselves in times of low liquidity on the market and/or favor the regular course of trading.

Furthermore, TIP reserves the right to allocate (in whole or in part) the treasury shares held for their possible cancellation, in the terms and in the manner that will be decided by the competent corporate bodies.

For the purposes of implementing this purchase program, the company will operate through a specialized intermediary and, for this purpose, has given a specific assignment to Equita SIM S.p.A.. In particular, the intermediary in charge of coordinating and executing the transactions on own shares will operate in full independence also with regard to the times in which to purchase the shares, in compliance with the provisions of the applicable legislation and the shareholders' resolution of 29 April 2025.

The unit price for the purchase and sale of treasury shares must be established from time to time for each day of operation on the basis of the following criteria:

• − the purchase price of each share must not be lower than the official Stock Exchange price of the share on the day prior to the one in which the purchase operation will be carried out, decreased by 20%, and not higher than the official Stock Exchange price on the previous day to that in which the purchase transaction will be carried out, increased by 10%, without prejudice to the application of the conditions and terms set forth in articles 5 of Regulation (EU) no. 596/2014 and 3 of the Delegated Regulation (EU) n. 1052/2016;
• − the sale price of each share must not be lower than the official Stock Exchange price of the share on the day prior to that in which the sale transaction will be carried out, decreased by 20%, without prejudice to the application of the terms and conditions of referred to in articles 5 of Regulation (EU) no. 596/2014 and 3 of the Delegated Regulation (EU) n. 1052/2016.

The shareholders' meeting determined that the price limit in the event of purchase will not apply if circumstances of an extraordinary nature occur on the market, while, in the event of disposal, it will not apply in the event of deeds of disposal other than sale and in particular in hypotheses of a share exchange, share swap, exchange, contribution, transfer or other deed of disposal of treasury shares carried out in the context of acquisitions of shareholdings or implementation of industrial projects or other extraordinary finance operations involving the assignment or disposal of treasury shares (such as, by way of example, mergers, demergers, issue of convertible bonds or warrants, etc.) or in cases of assignment of shares to employees, collaborators, directors (e.g. to service incentive plans based on TIP shares); in such cases, different criteria may be used, in line with the objectives pursued and taking into account the pro tempore market practices in force, the indications of Borsa Italiana S.p.A and the Consob recommendations.

The daily quantities of purchases may exceed 25% of the average daily volume of sharestraded on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A. calculated in the twenty days preceding each purchase date, and the program will continue regularly even during the so-called Closed Period.

The purchase transactions may be carried out on the market, in one or more times, also on a revolving basis, in compliance with the legal limits, on regulated markets according to the operating procedures established by the organization and management regulations of the markets themselves and agreed with Borsa Italiana. S.p.A., which allow compliance with the equal treatment of shareholders, pursuant to article 132 of Legislative Decree no. 58 of 24 February 1998 (as subsequently amended and integrated, "TUF") and article 144-bis, paragraph 1, letter b), of Consob Regulation no. 11971/1999 ("Issuers' Regulation"), as well as in accordance with any other applicable legislation, or in different ways, where permitted by Article 132, paragraph 3, of the TUF, or by other legal or regulatory provisions applicable from time to time at the time of the transaction, as well as, in any case, in compliance with and with the operating procedures provided for in accordance with Regulation (EU) no. 596/2014, of the relative community and national legislation for implementation and, where applicable, of the market practices admitted pro tempore in force.

As of April 29, 2025 the company holds no. 20,415,428 treasury shares (equal to 11.073% of the share capital). Any subsequent changes to this program will be promptly disclosed to the public. Likewise, the market will be notified, in accordance with the provisions in force, of the details of any purchase transactions carried out.

Milan, April 29, 2025

TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INDUSTRIAL GROUP THAT HAS INVESTED, AMONG DIRECT INVESTEMENTS AND/OR CLUB DEALS, MORE THAN 5 BILLION EURO (AT TODAY'S VALUES) IN COMPANIES DEFINED AS "EXCELLENT" FROM AN ENTREPRENEURIAL POINT OF VIEW AND WITH A LONG-TERM APPROACH. OF STRATEGIC SUPPORT AND GROWTH IN VALUE. TIP CURRENTLY HAS DIRECT OR INDIRECT INTEREST IN LISTED AND UNLISTED COMPANIES INCLUDING: ALIMENTIAMOCI, ALPITOUR, AMPLIFON, APOTECA NATURA, ASSET ITALIA, AZIMUT BENETTI, BASICNET, BENDING SPOONS, BETA UTENSILI, BUZZOOLE, CENTY, CHIORINO, DEXELANCE, DOVEVIVO, EATALY, ELICA, ENGINEERING, HUGO BOSS, INTERPUMP, ITACA, LANDI RENZO, LIMONTA, LIO FACTORY, MONCLER, MONRIF, MULAN, OCTO TELEMATICS, OVS, ROCHE BOBOIS, SESA, SIMBIOSI, STARTIP, TALENT GARDEN, TELESIA, VIANOVA AND ZEST.

Contacts: Alessandra Gritti CEO – Investor Relator Tel. 02 8858801 mail: gritti@tamburi.it

This press release is also available on the company's web site www.tipspa.it and disclosed by SDIR and Storage system ()

BUY-BACK OF 5 MILLION TREASURY SHARES BY OCTOBER 29, 2026

Tamburi Investment Partners S.p.A. ("TIP" - tip.mi) independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana S.p.A. which invests in excellent entrepreneurial companies, on April 29, 2024 had communicated that, as part of the authorization for the buy-back plan approved by the shareholders' meeting on April 29, 2024, pursuant to art. 144-bis of Consob Regulation 11971/1999, intended to execute a plan for the purchase of treasury shares up to a maximum of no. 5,000,000 of shares to be carried out by 29 October 2025 on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A.. This plan was concluded today, with the overall purchase of no. 2,035,133 shares, while it is announced that, as part of the authorization for the buy-back plan approved by the shareholders' meeting today, TIP intends to execute a buy-back program up to a maximum of further n. 5,000,000 of shares to be carried out by 29 October 2026 on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A..

This purchase program has the following purposes:

• the sale and/or exchange of own shares in view of or in the context of agreements with strategic partners that are part of the company's development strategy;
• the execution of investment operations consistent with the strategic lines of the company, including through the exchange, exchange, share swap, contribution, sale or other deed of disposal of treasury shares for the acquisition of shareholdings or share packages or other extraordinary finance operations that involve the assignment or disposal of treasury shares (such as, for example, mergers, incorporations, demergers, the issue of convertible bonds or warrants, etc.);
• the implementation of incentive plans based on TIP shares in favor of directors and/or employees of the company;
• in the event that it is not necessary to use all the treasury shares for the purposes indicated above, the shares may be used for operations to support the liquidity of the market, so as to facilitate trading on the securities themselves in times of low liquidity on the market and/or favor the regular course of trading.

Furthermore, TIP reserves the right to allocate (in whole or in part) the treasury shares held for their possible cancellation, in the terms and in the manner that will be decided by the competent corporate bodies.

For the purposes of implementing this purchase program, the company will operate through a specialized intermediary and, for this purpose, has given a specific assignment to Equita SIM S.p.A.. In particular, the intermediary in charge of coordinating and executing the transactions on own shares will operate in full independence also with regard to the times in which to purchase the shares, in compliance with the provisions of the applicable legislation and the shareholders' resolution of 29 April 2025.

The unit price for the purchase and sale of treasury shares must be established from time to time for each day of operation on the basis of the following criteria:

• − the purchase price of each share must not be lower than the official Stock Exchange price of the share on the day prior to the one in which the purchase operation will be carried out, decreased by 20%, and not higher than the official Stock Exchange price on the previous day to that in which the purchase transaction will be carried out, increased by 10%, without prejudice to the application of the conditions and terms set forth in articles 5 of Regulation (EU) no. 596/2014 and 3 of the Delegated Regulation (EU) n. 1052/2016;
• − the sale price of each share must not be lower than the official Stock Exchange price of the share on the day prior to that in which the sale transaction will be carried out, decreased by 20%, without prejudice to the application of the terms and conditions of referred to in articles 5 of Regulation (EU) no. 596/2014 and 3 of the Delegated Regulation (EU) n. 1052/2016.

The shareholders' meeting determined that the price limit in the event of purchase will not apply if circumstances of an extraordinary nature occur on the market, while, in the event of disposal, it will not apply in the event of deeds of disposal other than sale and in particular in hypotheses of a share exchange, share swap, exchange, contribution, transfer or other deed of disposal of treasury shares carried out in the context of acquisitions of shareholdings or implementation of industrial projects or other extraordinary finance operations involving the assignment or disposal of treasury shares (such as, by way of example, mergers, demergers, issue of convertible bonds or warrants, etc.) or in cases of assignment of shares to employees, collaborators, directors (e.g. to service incentive plans based on TIP shares); in such cases, different criteria may be used, in line with the objectives pursued and taking into account the pro tempore market practices in force, the indications of Borsa Italiana S.p.A and the Consob recommendations.

The daily quantities of purchases may exceed 25% of the average daily volume of sharestraded on the Euronext Milan market, organized and managed by Borsa Italiana S.p.A. calculated in the twenty days preceding each purchase date, and the program will continue regularly even during the so-called Closed Period.

The purchase transactions may be carried out on the market, in one or more times, also on a revolving basis, in compliance with the legal limits, on regulated markets according to the operating procedures established by the organization and management regulations of the markets themselves and agreed with Borsa Italiana. S.p.A., which allow compliance with the equal treatment of shareholders, pursuant to article 132 of Legislative Decree no. 58 of 24 February 1998 (as subsequently amended and integrated, "TUF") and article 144-bis, paragraph 1, letter b), of Consob Regulation no. 11971/1999 ("Issuers' Regulation"), as well as in accordance with any other applicable legislation, or in different ways, where permitted by Article 132, paragraph 3, of the TUF, or by other legal or regulatory provisions applicable from time to time at the time of the transaction, as well as, in any case, in compliance with and with the operating procedures provided for in accordance with Regulation (EU) no. 596/2014, of the relative community and national legislation for implementation and, where applicable, of the market practices admitted pro tempore in force.

As of April 29, 2025 the company holds no. 20,415,428 treasury shares (equal to 11.073% of the share capital). Any subsequent changes to this program will be promptly disclosed to the public. Likewise, the market will be notified, in accordance with the provisions in force, of the details of any purchase transactions carried out.

Milan, April 29, 2025

TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INDUSTRIAL GROUP THAT HAS INVESTED, AMONG DIRECT INVESTEMENTS AND/OR CLUB DEALS, MORE THAN 5 BILLION EURO (AT TODAY'S VALUES) IN COMPANIES DEFINED AS "EXCELLENT" FROM AN ENTREPRENEURIAL POINT OF VIEW AND WITH A LONG-TERM APPROACH. OF STRATEGIC SUPPORT AND GROWTH IN VALUE. TIP CURRENTLY HAS DIRECT OR INDIRECT INTEREST IN LISTED AND UNLISTED COMPANIES INCLUDING: ALIMENTIAMOCI, ALPITOUR, AMPLIFON, APOTECA NATURA, ASSET ITALIA, AZIMUT BENETTI, BASICNET, BENDING SPOONS, BETA UTENSILI, BUZZOOLE, CENTY, CHIORINO, DEXELANCE, DOVEVIVO, EATALY, ELICA, ENGINEERING, HUGO BOSS, INTERPUMP, ITACA, LANDI RENZO, LIMONTA, LIO FACTORY, MONCLER, MONRIF, MULAN, OCTO TELEMATICS, OVS, ROCHE BOBOIS, SESA, SIMBIOSI, STARTIP, TALENT GARDEN, TELESIA, VIANOVA AND ZEST.

Contacts: Alessandra Gritti CEO – Investor Relator Tel. 02 8858801 mail: gritti@tamburi.it

This press release is also available on the company's web site www.tipspa.it and disclosed by SDIR and Storage system ()