Franchetti

Share Issue/Capital Change • Nov 19, 2024

PRESS RELEASE

Franchetti S.p.A.: communication of change in share capital following the closure of the first exercise period of the "Franchetti Warrants 2022-2025" (1-15 October 2024)

Arzignano (VI), November 19, 2024 – Franchetti S.p.A. ("Franchetti" o la "Società" o il "Gruppo", Ticker BIT: FCH), 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 solutions for the safety and predictive planning of maintenance activities on infrastructure network structures, communicates the new composition of the share capital resulting following the assignment of n. 209.754 Ordinary Shares of Franchetti S.p.A. of new issue, following the exercise of n. 209.754 Warrants during the Second Exercise Period of the "Franchetti Warrants 2022-2025" (ISIN IT0005508558). As a consequence of the above, at the current date there are therefore n. 1.007.746 Warrants.

The new composition of the share capital (fully subscribed and paid-in) of Franchetti is as follows:

	Current		Previous		Change
	Euro	No. of Shares	Euro	No. of shares	Euro	No. of Shares
Total, of which:	410,850.20	8,217,004	400,362.50	8,007,250	10,487.70	209,754
Ordinary Shares	260,850.20	5,217,004	250,362.50	5,007,250	10,487.70	209,754
Multi-vote shares*	150,000.00	3,000,000	150,000.00	3,000,000	-	-

*10 votes per share

	No. of Warrants exercised*	No. of Warrants outstanding
Warrants	209,754	1,007,746

Pursuant to Article 26 of the Euronext Growth Milan Issuers' Regulation, the Company announces, from the latest information in its possession, the updated composition of its shareholder structure:

Shareholder	No. of shares tot.	No. of ordinary shares	No. of multi-vote shares	% of total shares	% of ordinary shares	% of voting share capital
Franchetti Holding S.r.l.	6,234,650	3,234,650	3,000,000	75.87%	62.00%	94.37%
Axon Partners Group	678,000	678,000	-	8.25%	13.00%	1.93%
Algebris Investments Ltd.	339,000	339,000	-	4.13%	6.50%	0.96%
Mercato	965,354	965,354	-	11.75%	18.50%	2.74%
Total	8,217,004	5,217,004	3,000,000	100.00%	100.00%	100.00%

The Issuer will update the composition of the shareholder base and provide timely information where any communications are received from shareholders.

For further details, reference should be made to the "Warrant Regulation" available at https://www.franchetti.tech/investor-relations#Warrant.

This press release is available on the website https://www.franchetti.tech/en-gb, "Investor Relations/ Financial Press Releases" section and https:///PORTALE.

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 3.5 million in 1H24 (+22% on 1H23) and an EBITDA of Euro 1.1 million (+122% on 1H23).

Contacts:

Franchetti S.p.A. TWIN

Issuer Investor & Media Relations Advisor

Tel. +39 0444671443 franchetti@twin.services ir@franchetti.tech 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.

Tel: + 39 02 80 50 61 60