Aeffe — Regulatory Filings 2026

May 30, 2026

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Informazione Regolamentata n. 0923-40-2026	Data/Ora Inizio Diffusione 30 Maggio 2026 17:21:43	Euronext Milan

Societa': AEFFE

Utenza - referente: AEFFEN02 - Degano Giulia

Tipologia: REGEM; 3.1

Data/Ora Ricezione: 30 Maggio 2026 17:21:43

Oggetto: Information to the market pursuant to art.114 paragraph 5 D.lgs 58-98

Testo del comunicato

Vedi allegato

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AEFFE

ALBERTA FERRETTI

MOSCHINO

POLLINI

MONTHLY INFORMATION PURSUANT TO ART. 114, PARAGRAPH 5, LEGISLATIVE DECREE NO. 58/98, updated April 30, 2026

San Giovanni in Marignano, May 30, 2026. Aeffe S.p.A. ("Aeffe" or the "Company" and, together with its subsidiaries, the "Group" or the "Aeffe Group") – a luxury company listed on the Euronext Milan market of the Italian Stock Exchange, which operates in the ready-to-wear, footwear, and leather goods sectors with international brands, including Alberta Ferretti, Moschino, and Pollini – in compliance with the request sent to the Company by the National Commission for Companies and the Stock Exchange (Consob) in a letter dated May 15, 2026, pursuant to Article 114 of Legislative Decree No. 58/98, discloses the following information as of April 30, 2026.

1. Net financial position of the Aeffe Group and the Company, with short-term components highlighted separately from medium-long term components as of April 30, 2026

Net debt is shown in tabular form according to the criteria set out in the "Guidelines on disclosure requirements pursuant to the Prospectus Regulation" (ESMA 32-382-1138 of 4.3.2021) which were subject of a specific Attention Notice by CONSOB (CONSOB - RA 5/21 of 29.4.2021).

The consolidated net financial position of the Aeffe Group as of April 30, 2026, is equal to Euro 115,050 thousand, of which Euro 32,230 thousand in medium-long term debt, Euro 93,060 thousand in short-term debt, and Euro 10,240 thousand in liquid assets.

(Values in thousands of EUR)	At April 30, 2026
A - Cash	10,240
B - Cash equivalents	-
C - Other current financial assets	-
D - Liquidity (A + B + C)	10,240
E - Current financial debt	62,316
F - Current portion of non-current financial debt	30,744
G - Current financial indebtedness (E + F )	93,060
H - Net current financial indebtedness (G - D)	82,820
I - Non-current financial debt (excluding current portion and debt instruments)	32,230
J - Debt instruments	-
K - Non-current trade and other payables	-
L - Non-current financial indebtedness (I + J + K)	32,230
M - Total financial indebtedness (H + L)	115,050

() Indebtedness includes interest debt;
(*) Indebtedness does not include debt arising from the application of IFRS16;

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The net financial position of Aeffe S.p.A. as of April 30, 2026, is equal to Euro 91,606 thousand, of which Euro 22,230 thousand in medium-long term debt, Euro 73,815 thousand in short-term debt and Euro 4,439 thousand in liquid assets.

(Values in thousands of EUR)	At April 30, 2026
A - Cash	4,439
B - Cash equivalents	-
C - Other current financial assets	-
D - Liquidity (A + B + C)	4,439
E - Current financial debt	48,751
F - Current portion of non-current financial debt	25,064
G - Current financial indebtedness (E + F )	73,815
H - Net current financial indebtedness (G - D)	69,376
I - Non-current financial debt (excluding current portion and debt instruments)	22,230
J - Debt instruments	-
K - Non-current trade and other payables	-
L - Non-current financial indebtedness (I + J + K)	22,230
M - Total financial indebtedness (H + L)	91,606

() Indebtedness includes interest debt;
(*) Indebtedness does not include debt arising from the application of IFRS16;

1. Overdue debt positions of Aeffe Group and the Company, broken down by nature (financial, commercial, tax, social security and towards employees) and creditor reaction initiatives (reminders, injunctions, suspensions of supplies, etc.) as of April 30, 2026

Overdue debt positions of the Group

Aeffe Group's overdue debt positions towards third parties as of April 30, 2026, amount to a total of Euro 97,710 thousand, broken down as follows:

• Overdue commercial debts for Euro 32,364 thousand.
• The Group's gross financial position amounts to Euro 125,290 thousand, of which Euro 65,345 thousand in overdue debts and Euro 59,945 thousand in non-overdue debts. It should be noted that, due to the failure to pay some installments, credit institutions may require immediate repayment of installments not yet due. However, they have not exercised this right in the context of ongoing discussions within the negotiated resolution of the corporate crisis pursuant to Articles 12 et seq. of Legislative Decree 14/2019 (CCII), initiated on October 2, 2025.
• There are no overdue debts of a social security nature towards employees or tax authorities.

Regarding the actions taken, while it is understood that, due to the effectiveness of the protective measures to safeguard the assets, creditors cannot initiate or continue individual enforcement or precautionary proceedings against Aeffe and Pollini S.p.A., as of April 30, 2026, the Group has received notification of 20 injunctions (17 against Aeffe and 3 against Pollini S.p.A.), for a total principal amount of Euro 985 thousand.

Overdue debt positions of Aeffe S.p.A.

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Aeffe S.p.A.'s overdue debt positions towards third parties as of April 30, 2026, amount to a total of Euro 76,017 thousand, broken down as follows:

• Overdue commercial debts for Euro 23.934 thousand (overdue intercompany debts equal to Euro 5.713 thousand are not included).
• The Company's gross financial position amounts to Euro 96,045 thousand, of which Euro 52,083 thousand in overdue debts and Euro 43,962 thousand in non-overdue debts. It should be noted that, due to the failure to pay some installments, credit institutions may require immediate repayment of installments not yet due. However, they have not exercised this right in the context of ongoing discussions within the negotiated resolution of the corporate crisis pursuant to Articles 12 et seq. of Legislative Decree 14/2019 (CCII), initiated on October 2, 2025.
• There are no overdue debts of a social security nature towards employees or tax authorities.

Regarding the actions taken, while it is understood that, due to the effectiveness of the protective measures to safeguard the assets, creditors cannot initiate or continue individual enforcement or precautionary proceedings against Aeffe S.p.A., as of April 30, 2026, Aeffe has received notification of 17 injunctions, for a total principal amount of Euro 856 thousand.

3. Relationships between group companies and related entities

The following details Aeffe Group's related-party transactions as of April 30, 2026, and June 30, 2025, the latest financial report approved pursuant to Article 154-ter of the TUF:

(Values in thousands of EUR)	At April 30, 2026	At June 30, 2025	Nature of the transactions
Commerciale Valconca S.r.l. with Aeffe S.p.a.
Commercial	14	11	Revenue
Property rental	17	25	Cost
Service	-	48	Cost
Commercial	17	13	Receivable
Commercial	23	84	Payable
Ferrim S.r.l. with Aeffe S.p.a.
Property rental	-	1,041	Cost
Colloportus S.r.l. with Aeffe S.p.a.
Property rental	45	-	Cost
Commercial	380	-	Payable
Commercial	113	-	Receivable
Fquattro S.r.l. with Aeffe S.p.a.
Property rental	250	-	Cost
Commercial	1,081	-	Payable
Commercial	113	-	Receivable
Aeffe Group Inc. with Ferrim USA Inc.
Property rental	-	293	Cost

On June 30, 2025, it has been communicated, through the company's website and the authorized SDIR storage mechanism, the change in ownership of the property located in Milan, Via Donizetti 48, Following the demerger of Ferrim S.r.l., FQuattro S.r.l. acquired ownership of the property located in Milan, Via Donizetti 48.

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On November 3, 2025, it has been communicated, through the company's website and the authorized SDIR storage mechanism, the early termination of the lease agreement between Aeffe S.p.A. - on one hand - and Colloportus S.r.l. and FQuattro S.r.l., - on the other - for the property owned by the Shareholders located in Rome, at Via dei Condotti no. 34 - 34/A.

Colloportus S.r.l. and FQuattro S.r.l. each hold 33,173,845 Aeffe ordinary shares (equal to 30.899% of the Company's share capital), and thus a total of 66,347,690 ordinary shares representing 61.797% of the Company's share capital. A shareholders' agreement exists between them, which includes, among other things, a consultation agreement and a commitment to exercise joint voting rights at Aeffe meetings. The share capital of Colloportus S.r.l. is entirely owned by Alberta Ferretti, and the share capital of FQuattro S.r.l. is entirely owned by Massimo Ferretti. Therefore, Alberta and Massimo Ferretti, through the aforementioned companies, jointly exercise indirect control over Aeffe pursuant to Article 93 of the TUF and Article 2359, paragraph 1, no. 1 and 2 of the Civil Code.

Mr. Massimo Ferretti is Executive Chairman of Aeffe and Chairman of the BOD of FQuattro S.r.l., Ms. Alberta Ferretti is Executive Vice Chairman of Aeffe and Chairman of the BOD of Colloportus S.r.l., and Dr. Simone Badioli is Managing Director of Colloportus and CEO of Aeffe.

The transaction stems from a proposal received by the Company and the Shareholders, each within their respective areas of responsibility, from a third-party company for: 1) the purchase of the Property by the Proposer, and 2) the early termination of the lease agreement between the Shareholders and Aeffe, concurrently with the transfer of the Property from the Shareholders to the Proposer—and consequently the closure of the "Alberta Ferretti" single-brand boutique to which Aeffe has assigned the Property—in exchange for the payment to Aeffe by the Proposer of the Key Money, amounting to Euro 9.5 million. The transaction was completed on December 23, 2025.

On November 16, 2025, it has been communicated, through the company's website and the authorized SDIR storage mechanism, the signing of an amendment to the lease agreement between Aeffe S.p.A. and FQuattro S.r.l. for the office and commercial property located in Milan, Via Donizetti 48. This amendment is part of a rationalization and reorganization of the property's spaces, resulting in a reduction in rent.

The transaction was implemented with a view to cost containment and taking into account Aeffe's changing needs in the months prior to its completion, also in light of the reduction in the workforce at the property, which serves as a representative office and showroom, with the aim of rationalizing and reorganizing the space, in exchange for a reduction in the rent.

"Il dirigente preposto alla redazione dei documenti contabili societari Marco Piazzi dichiara che, ai sensi del comma 2 articolo 154 bis del Testo Unico della Finanza, l'informativa contabile contenuta nel presente comunicato corrisponde alle risultanze documentali, ai libri ed alle scritture contabili".

Contatti:

Investor Relations
AEFFE Spa
Simone Badioli
Investor.relations@aeffe.com
+39 0541 965211

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Fine Comunicato n.0923-40-2026	Numero di Pagine: 6