Ferretti Group

AGM Information • Apr 1, 2024

Informazione Regolamentata n. 0425-15-2024	Data/Ora Inizio Diffusione 1 Aprile 2024 20:57:05		Euronext Milan
Societa'	:	FERRETTI
Identificativo Informazione Regolamentata	:	188377
Utenza - Referente	:	FERRETTIEST01 - MARGHERITA SACERDOTI
Tipologia	:	2.2
Data/Ora Ricezione	:	1 Aprile 2024 20:57:05
Data/Ora Inizio Diffusione	:	1 Aprile 2024 20:57:05
Oggetto	:	WITHDRAWN THE PROPOSAL TO AUTHORISE THE PURCHASE OF TREASURY SHARES AND THE SUBSEQUENT CANCELLATION FOR THE SHAREHOLDERS' MEETING APRIL 22, 2024

Testo del comunicato

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WITHDRAWN THE PROPOSAL TO AUTHORISE THE PURCHASE OF TREASURY SHARES AND THE SUBSEQUENT CANCELLATION FOR THE SHAREHOLDERS' MEETING CALLED FOR APRIL 22, 2024

Milan, April 1, 2024 - On March 31, 2024, the Board of Directors of Ferretti S.p.A., as proposed by Chairman Tan, resolved to withdraw the proposal to the Shareholders' Meeting convened for 22 April 2024 for authorisation to implement a buy-back plan pursuant to the combined provisions of Articles 2357 and 2357-ter CLFI, as well as Article 132 CLFI and Article 144-bis of the Issuers' Regulations and of the applicable regulations under Hong Kong law (as Ferretti shares are also listed on the Stock Exchange of Hong Kong, as well as on Euronext Milan) and consequently also the proposal to cancel any treasury shares purchased under the aforesaid authorisation.

The related illustrative Reports prepared pursuant to Article 125-ter CLFI and Article 84-ter of the Issuers' Regulations and made available on 22 March 2024 at the registered office in Cattolica (RN), via Irma Bandiera 62, on the Company's website at www.ferrettigroup.com and at the authorised storage mechanism "EMARKET STORAGE" at , are therefore to be considered withdrawn.

This decision was taken because, with regard to the buy-back plan and the cancellation of the treasury shares, it requires more time to prepare for the specific matters involved including assessment of the legal and regulatory requirements pursuant to the laws and regulations in Italy and Hong Kong.

Accordingly, the Shareholders' Meeting convened for 22 April 2024 will not be called to resolve on the third item on the agenda of the Shareholders' Meeting in ordinary session and on the first and only item on the agenda of the Shareholders' Meeting in extraordinary session.

Ferretti Group

Building on the legacy of Italy's centuries-old nautical tradition, the Ferretti Group is a world leader in the design, construction and sale of luxury motor and pleasure yachts, with a unique portfolio of prestigious and exclusive brands: Ferretti Yachts, Riva, Pershing, Itama, CRN, Custom Line and Wally. Led by CEO Mr. Alberto Galassi, the Ferretti Group owns and operates seven shipyards located throughout Italy that combine efficient industrial production with world-class Italian craftsmanship and is able to reach customers in more than 70 countries around the world thanks to its direct presence in Europe, the United States and Asia and its network of about 60 carefully selected third-party dealers. Ferretti Group's motor yachts, the ultimate expression of Made in Italy creative genius and elegance, have long stood out for their exceptional quality, state-of-the-art technological solutions, safety records and excellent performance at sea, as well as their exclusive design and timeless appeal.

For more information: www.ferrettigroup.com

Investor Relations Head of Investor Relations Margherita Sacerdoti Email: margherita.sacerdoti@ferrettigroup.com T.+39 02 83994 000 Email: Investorrelations@ferrettigroup.com

Ferretti Group

Head of Media Relations Giovanni Bogetto Email: Giovanni.bogetto@ferrettigroup.com T.+39 02 83994 000

Barabino & Partners

Federico Vercellino f.vercellino@barabino.it Mob: +39 331.5745171 Virginia Bertè v.berte@barabino.it Mob: +39 342.9787585

Fine Comunicato n.0425-15-2024	Numero di Pagine: 4