Abitare In — Share Issue/Capital Change 2021

Oct 21, 2021

THE BOARD OF DIRECTORS RESOLVES THE OPENING OF A CAPITAL INCREASE THROUGH AN ACCELERATED BOOKBUILDING FOR AN AMOUNT OF APPROXIMATELY € 5 MLN RESERVED FOR FOREIGN INVESTORS

Milan, 21 October 2021 - AbitareIn S.p.A., a leading company in residential development in Milan, listed on the STAR Segment of the Italian Stock Exchange, announces that the Board of Directors, which met today, resolved to implement a new tranche - respectively the fourth and eighth tranche - of the two capital increases resolved by the Shareholders' Meeting respectively on 20 December 2016 and 17 July 2017. These capital increases, both excluding option rights and valid for 5 years from their approval by the Shareholders' Meeting, are reserved for subscription by Qualified Investors as defined by art. 2(1)(e) of Regulation (EU) 2017/1129 and (ii) institutional investors abroad, within the meaning of Regulation S of the United States Securities Act of 1933, as subsequently amended, excluding institutional investors from Australia, Canada, Japan and the United States and any other foreign country in which the placement is not possible in the absence of an authorization from the competent, and can be executed in one or more tranches, by resolution of the Board of Directors.

The transaction is part of the process of internationalization of the shareholding structure started by the Company with the assignment to TP ICAP Midcap of the role of corporate broker and with the transition to the STAR Segment of the Italian Stock Exchange, in order to strengthen the presence of international investors in the shareholding structure of AbitareIn.

Therefore, the Board approved today the capital increase through an accelerated bookbuilding procedure ("the ABB") - organized by TP ICAP Midcap as global coordinator and sole bookrunner - with an expected raising of around € 5 million. However, the resolution of the Board established to grant the Executive Directors a wider proxy for the

Abitare In S.p.A.

execution of the above-mentioned capital increase, allowing the Issuer to issue shares for a maximum total amount of € 8 million. EMINTAD Italy acts as Financial Advisor.

The ABB procedure, which is reserved to foreign investors, will be started immediately following the Board's resolution and AbitareiIn reserves the right to close it at any time.

The final subscription price of the shares will be determined at the conclusion of the ABB, in compliance with the minimum price - equal to € 6.72 per share - established by today's Board of Directors on the basis of the weighted average closing price of AbitareIn shares in the last 20 trading days (equal to the last calendar month). AbitareIn will promptly provide information regarding the outcome of the ABB and therefore the number of newly-issued shares placed and its related subscription price.

The newly issued shares will be traded on STAR Italia just like the shares already in circulation and in compliance with applicable laws and regulations. In line with market practice, AbitareIn has undertaken a lock-up commitment of 90 days.

The capital increase approved today was approved by the Company's management in order to allow an important group of high standing and prestigious international investors to join AbitareIn's shareholder base, supporting the Company's further acceleration and development following the significant increase in its pipeline over the last year, which saw the signing of agreements for the purchase of 7 new areas, all at an extremely competitive price, which will ensure not only the maintenance of the pipeline net of deliveries of completed projects, but also a further increase in the number of projects in development, consolidating the leadership position of AbitareIn in the Milan market.

AbitareIn S.p.A. is a company that leads the residential development sector in the city of Milan founded by Luigi Gozzini and Marco Grillo. The Company only undertakes residential urban regeneration projects, offering an aspirational product tailored to the living needs of today's families. AbitareIn stands out for its extremely innovative business model that involves creating a completely customisable "home" product that benefits from the economies of scale typical of an industrialised model. AbitareIn's strength is the implementation of a marketing strategy that permits real estate units to be sold before construction work begins. The company has been listed on the AIM Italia market of Borsa Italiana since April 2016. From 1 March 2021 it has been listed on the STAR segment of the MTA - Italian Equities Market (ticker: ABT.MI).

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Alphanumeric code of the shares: ABT ISIN: IT IT0005338493

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan – Operating Headquarters: Viale Umbria 32, 20135 Milan Company listed on STAR segment of the MTA - Italian Equities Market (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550 info@abitareinspa.com – abitareinspa.pec@legalmail.it Share capital Euro 129,676.90 fully paid in – Share premium reserve: Euro 36,989,386

Contacts:

Investor Relations Abitare In Eleonora Reni ereni@abitareinspa.com Press Office Close to Media Luca Manzato – Mob. 335 84 84 706 luca.manzato@closetomedia.it Sofia Crosta – Mob. 337 13 74 252 sofia.crosta@closetomedia.it Davide Di Battista – Mob. 334 60 33 756 davide.dibattista@closetomedia.it

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan – Operating Headquarters: Viale Umbria 32, 20135 Milan Company listed on STAR segment of the MTA - Italian Equities Market (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550 info@abitareinspa.com – abitareinspa.pec@legalmail.it Share capital Euro 129,676.90 fully paid in – Share premium reserve: Euro 36,989,386