Mundys (formerly: Atlantia SpA)

Capital/Financing Update • Oct 28, 2025

Press release

LIABILITY MANAGEMENT EXERCISE IN RELATION TO TWO SERIES OF OUTSTANDING NOTES (ISIN CODES XS1645722262 AND XS2301390089)

Rome, 28 October 2025 – Mundys S.p.A. ("Mundys" or the "Company") informs the market of its separate invitations to the holders ("Noteholders") of its outstanding €1,000,000,000 1.875 per cent. Notes due 13 July 2027 (ISIN: XS1645722262) (the "2027 Notes") and to the holders of its outstanding €1,000,000,000 1.875 per cent. Notes due 12 February 2028 (ISIN: XS2301390089) (the "2028 Notes" and, together with the 2027 Notes, the "Notes", and each a "Series") issued by the Company (formerly Atlantia S.p.A.), whose outstanding amount is €1,000,000,000 in the case of the 2027 Notes and €1,000,000,000 in the case of the 2028 Notes, both admitted to trading on the regulated market of Euronext Dublin, to tender their 2027 and/or 2028 Notes for purchase by the Company for cash up to a maximum acceptance amount for both the Series of €500,000,000 in aggregate nominal amount, subject to the satisfaction (or waiver) of the conditions described in the tender offer memorandum dated 28 October 2025 (the "Tender Offer Memorandum") prepared in connection thereto (such invitations, the "Offers" and with respect to each Series an "Offer"). Capitalized terms used herein but not defined have the meaning given to them in the Tender Offer Memorandum.

The Offers are being made as part of the Company's proactive management of its liabilities. All Notes purchased by the Company pursuant to the Offers shall be cancelled. The terms and conditions and the expected timeline of the Offers, including offer and distribution restrictions, are described in the Tender Offer Memorandum made available to the holders of the relevant Series of Notes. Noteholders who are eligible to participate in the relevant Offers are advised to carefully read the terms and conditions outlined in the Tender Offer Memorandum. Announcements in connection with the relevant Offers will be made, to the extent provided in the Tender Offer Memorandum, in accordance with applicable law and by an announcement on the website of the Irish Stock Exchange plc trading as Euronext Dublin (https://live.euronext.com/) and/or by the delivery of notices to the clearing systems for communication to direct participants. Copies of all such announcements and notices will also be available from the Transaction Website: https://clients.dfkingltd.com/mundys subject to registration and eligibility confirmation and upon request from the Information and Tender Agent (as defined below). Noteholders who wish to participate in the Offers should consider intermediaries' timeline for the delivery of tender instructions in advance of the deadline described in the Tender Offer Memorandum.

In relation to the Offers, the Company has appointed Goldman Sachs International, SMBC Bank EU AG and Société Générale to act as dealer managers (the "Dealers Managers") and D.F. King Ltd. as information and tender agent (the "Information and Tender Agent").

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS PRESS RELEASE

DISCLAIMER

Neither this press release nor the Tender Offer Memorandum constitutes constitute an offer to buy or the solicitation of an offer to sell securities in the United States or any other jurisdiction in which such offer or solicitation would be unlawful. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions (in particular, the United States, Italy, the United Kingdom, Belgium and France) may be restricted by law. See the section "Offer and Distribution Restrictions" of the Tender Offer Memorandum. Any purported tender of Notes in the Offers resulting directly or indirectly from a violation of these restrictions will be invalid. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required to inform each of the Company, the Dealer Managers and the Information and Tender and to observe any such restrictions.