Tessellis

Share Issue/Capital Change • Oct 28, 2025

Data/Ora Ricezione : 28 Ottobre 2025 19:20:12

Oggetto : Tessellis S.p.A. - Notice of change in share

capital

Testo del comunicato

Vedi allegato

Notice of change in share capital

Cagliari, 28/10/2025

Further to the announcement made on June 17, 2024, Tessellis S.p.A. (the "Company" or "Tessellis"), following the filing on October 28, 2025, with the Companies' Register of Cagliari of the certificate referred to in Article 2444 of the Italian Civil Code, announces the new amount of its share capital.

	Current share capital			Previous share capital
	Euro	n. shares	Nominal	Euro	n. shares	Nominal
			Unit Value			Unit Value
Total of
which:
Ordinary	68,865,654.64	480,980,693	Without	68,365,654.64	475,132,740	Without
Shares			nominal			nominal
(Dividend			value			value
shares)
Current
number: 2
Listed	50,796,685.16	349,149,249	Without	50,296,685.16	343,301,296	Without
(ISIN			nominal			nominal
IT0005496			value			value
473)
Non listed	18,068,969.48	131,831,444	Without	18,068,969.48	131,831,444
(ISIN			nominal
IT0005628			value
661)

	N. of convertible securities exercised	N. of outstanding bonds
Convertible Bonds	5	3
Convertible saving shares
Convertible preferred shares
Warrant

The change in capital was executed by virtue of the request for conversion, submitted on October 28, 2025 by Nice & Green S.A. (N&G), of five bonds (coupon no. 258-262) of the convertible and converting bond against which 5,847,953 new Tessellis ordinary shares, without par value, listed with ISIN IT0005496473, were issued today.

It should be noted that the conversion price identified based on the contractual agreements was set at EUR 0.0855.

It should also be noted that N&G is not - nor has it ever been - qualified as a related party pursuant to the applicable regulations in law.

Investor Relations Officer

Patrizia Tammaro Silva patrizia.tammarosilva.consultant@tiscali.com

Press Office

Ilenia Loi Ilenia.loi@tiscali.com +39 070 46011

About Tessellis

Tessellis S.p.A. (listed Euronext Milan: TSL) is the holding company of the Group formed by the merger of Linkem Retail and Tiscali S.p.A. It includes among its business areas that of Tiscali Italia S.p.A., a national operator among the first in the ultrabroadband segment (FWA - Fixed Wireless Access and FTTH - Fiber To The Home), the portal www.tiscali.it, one of the main Italian news portals, with about 8 million visitors per month to its credit, as well as the advertising concessionaire Veesible S.r.l..