Franchetti

Major Shareholding Notification • Jul 22, 2024

Franchetti S.p.A. press release

Notice of substantial change in significant shareholdings pursuant to Article 17 of the Euronext Growth Milan regulation

Arzignano, July 22, 2024 - Franchetti S.p.A.. (BIT:FCH) ("Franchetti" or "Company"), a company listed on the Euronext Growth Milan segment of the Italian Stock Exchange and parent of the multinational software development and engineering design Group focused on the safety and predictive planning of maintenance activities on infrastructure network structures, announces, pursuant to Article 17 of the Euronext Growth Milan Issuers' Regulation, that following the execution on July 17, 2024 of the capital increase aimed at qualified/institutional investors, through the placement of 1,017,000 ordinary shares of the Company (see press release of July 17, 2024), the following notices of substantial change in shareholdings, occurring on July 17, 2024, as per Article 9 of Franchetti's By-Laws:

• ● Franchetti Holding S.r.l. communicated the reduction below the significance threshold of 66.6% of the Company's share capital represented by ordinary shares. Specifically, Franchetti Holding today holds 6,152,000 shares, of which 3,152,000 ordinary shares and 3,000,000 multi-vote shares and therefore holds 76.83% of the share capital, 62.95% of the ordinary shares and 94.70% of the voting rights;
• ● Algebris Investments Limited communicated the superseding of the significance threshold of 5% of the Company's share capital represented by ordinary shares. Specifically, Algebris Investments Limited today holds 339,000 ordinary shares and thus 4.23% of the share capital, 6.77% of the ordinary shares and 0.97% of the voting rights.

Based on the notices received and the information available to the Company to date, the Shareholders holding an interest of 5% or more in the Company's share capital (concerning ordinary shares or voting rights, i.e. "significant shareholders") are as follows:

Shareholder	Total No. Shares	Number of ordinary	No. multi-vot e shares	% of total shares	% of ordinary shares	% of voting share
		shares				capital

Franchetti	6,152,000	3,152,000	3,000,000	76.83%	62.95%	94.70%
Holding S.r.l.
Algebris	339,000	339,000	-	4.23%	6.77%	0.97%
Investments
Limited
Market	1.516.250	1.516.250	-	18,94%	30,28%	4,33%
Total	8.007.250	5.007.250	3.000.000	100,00%	100,00%	100,00%

According to Article 26 of the aforementioned Euronext Growth Milan Issuers' Regulation, the names of significant Shareholders are also listed on the Company's website at www.franchetti.tech in the "Investor Relations/Shareholders and Share Capital" section.

This Press Release is available at www.franchetti.tech, in the "Investor Relations/Financial press releases" section.

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Franchetti S.p.A.

Franchetti S.p.A. heads the Franchetti Group, a pioneer in the management, diagnostics and predictive maintenance of infrastructure (bridges and viaducts in particular). Founded in 2013 in Arzignano (VI), with subsidiaries in Brazil and Canada and operations in the US and India, Franchetti is an innovative SME that has worked on over 40,000 equivalent motorway and railway bridges worldwide. The Group boasts a technical and scientific track record that places it among the industry's leading international experts. Operations are broken into two main business lines: diagnosis and planning for infrastructure maintenance, with inspections and assessments, intervention planning and construction management and ICT services for the predictive programming of infrastructure maintenance. Franchetti has in fact developed two proprietary software programs that leverage the potential of artificial intelligence and predictive data analysis: Argan® can estimate an infrastructure's life cycle and automatically assess safety levels over time for a range of maintenance scenarios and contexts, Pathwork© ensures the optimized management of road and highway works on infrastructure and to support sustainable mobility, while SIDECHECK© can intelligently compare collected data related to inspections, inspectors, schedules, and work estimates to make the evaluation process as objective and complete as possible. With a workforce of 70 professionals, more than 90% of whom are engineering graduates, the Group achieved a Value of Production of Euro 7.0 million in 2023 (+42.9% on 2022) and EBITDA of Euro 2.5 million (+38.9% on 2022).

Contacts:

Franchetti S.p.A. TWIN Tel. +39 0444 671443

Issuer Investor & Media Relations Advisor

ir@franchetti.tech franchetti@twin.services

Mara Di Giorgio || +39 335 7737417 Federico Bagatella|| +39 331 8007258 Chiara Bortolato || +39 347 8533894

Euronext Growth Advisor & Specialist: Integrae Sim S.p.A.|| + 39 02 96 84 68 64