Ferretti Group — M&A Activity 2026

Feb 23, 2026

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of KKCG Maritime or the Issuer.

This announcement is not for release, dissemination, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

AZÚR A.S. (incorporated under the laws of the Czech Republic)

VOLUNTARY CONDITIONAL PARTIAL PUBLIC TENDER OFFER LAUNCHED BY KKCG MARITIME TO ACQUIRE UP TO 52,132,861 SHARES OF FERRETTI S.P.A. (STOCK CODE: 09638.HK; EXM: YACHT), REPRESENTING 15.4% OF THE ISSUER'S SHARE CAPITAL

REOPENING OF CONSOB REVIEW PERIOD

Financial advisers to the Offeror

Announcement pursuant to Article 38, paragraph 1, of the Issuers' Regulation

Prague, 23 February 2026 – Reference is made to (i) the notice published by KKCG Maritime dated 19 January 2026 pursuant to which KKCG Maritime announced its decision to launch a voluntary conditional partial public tender offer to acquire up to 52,132,861 shares of Ferretti, representing 15.4% of Ferretti's subscribed and paid-in share capital (i.e., the Offer) (the "Notice"); (ii) the announcement published by KKCG Maritime dated 29 January 2026 regarding the filing of the Offer Document with Consob and the Executive; and (iii) the announcement published by KKCG Maritime dated 10 February 2026 regarding the suspension of Consob's review period in relation to the Offer Document. Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings given to them in the Notice.

As set out in the announcements published by KKCG Maritime dated 29 January 2026 and 10 February 2026, respectively, the Offer Document was filed with Consob and the Executive on 29 January 2026 and, pursuant to Article 102, paragraph 4, of the CFA, Consob suspended the time limit of the review period of the Offer Document, with effect from 9 February 2026, for no more than 15 days.

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KKCG Maritime hereby announces that, today Consob notified KKCG Maritime that it has reopened the review period of the Offer Document with effect from 23 February 2026 (such date excluded). Such review period will expire on 28 February 2026 and Consob will approve the Offer Document on or before that date.

The reopening of the review period, and the approval (or deemed approval) by Consob, of the Offer Document does not impact the review of the Offer Document by the Executive pursuant to the HK Takeovers Code. As such, the Offer Document will only be published following the Executive's approval thereof.

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On behalf of

Azúr a.s.

Michal Tománek Chairman of the Board

Kamil Zeman Member of the Board

Prague, 23 February 2026

As of the date of this announcement, the board of directors of KKCG Maritime comprises Mr. Michal Tománek and Mr. Kamil Zeman.

As of the date of this announcement, the board of directors of KKCG Group AG comprises Mr. Karel Komárek, Mr. Ji^ří Radoch, Mr. Pavel Šaroch, Mrs. Katarína Kohlmayer, Mr. David Kolá^ček, Mr. Paul Schmid, Mr. Josef Bartoš and Mrs. Alena Bastis.

The directors of KKCG Maritime and KKCG Group AG jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

In the event of any inconsistency between the Italian/English text and the Chinese text of this announcement, the Italian/English text will prevail.