Generalfinance

Capital/Financing Update • Jul 31, 2023

Informazione Regolamentata n. 1693-43-2023		Data/Ora Inizio Diffusione 31 Luglio 2023 18:08:35	Euronext Star Milan
Societa'	:	GENERALFINANCE S.p.A.
Identificativo Informazione Regolamentata	:	179829
Nome utilizzatore	:	GENERALFINANCEN01 - Saviolo
Tipologia	:	REGEM
Data/Ora Ricezione	:	31 Luglio 2023 18:08:34
Data/Ora Inizio Diffusione	:	31 Luglio 2023 18:08:35
Oggetto	:	GENERALFINANCE: REVOLVING CREDIT FACILITY INCREASED
Testo del comunicato

Vedi allegato.

GENERALFINANCE

REVOLVING CREDIT FACILITY INCREASED FROM 133 MILLION TO 173 MILLION EUROS WITH THE ENTRY OF THREE NEW BANKS INTO THE POOL OF LENDING INSTITUTIONS

Milan, 31 July 2023. Generalfinance S.p.A. announces that it has finalized an increase in the amount of the medium/long-term revolving loan agreement signed with some Italian banks ("RCF line") from the previous 133 million euros to 173 million euros.

In particular, the increase in the RCF Line was subscribed by the following banks:

• 1. Intesa Sanpaolo, formerly Mandated Lead Arranger, Bookrunner and Financing Bank, which increased its stake from 20 to 45 million euro;
• 2. Banca Santa Giulia S.p.A., a new Financing Bank, which subscribed to a stake of 5 million euros;
• 3. Cassa di Risparmio di Asti S.p.A., a new Financing Bank, which subscribed to a stake of 5 million euros;
• 4. Banca Cassa di Risparmio di Savigliano S.p.A., a new Financing Bank, which subscribed to a stake of 5 million euros.

In addition to the banks mentioned, the pool includes: Banco BPM (Agent Bank and financing bank), Crèdit Agricole Italia (as Mandated Lead Arranger, Bookrunner and lending banks), BCC Milano, BPER Banca, Banca Monte dei Paschi Di Siena, Banco Desio, Banca Popolare di Bari and Banca Galileo, for a total of 12 financing institutions.

The financing operation - consistent with Generalfinance's characteristic activity of providing loans through the technical form of factoring to distressed companies, engaged in the

of turnaround plans and settlement of the business crisis – is part of a process of diversification of funding sources; in addition to the RCF loan, Generalfinance has a revolving securitization program (with BNP Paribas, Intesa Sanpaolo and Banco BPM as seniorlenders) as well as credit lines granted by leading factoring partner companies.

The Company also entered the capital market directly with the issue of commercial papers and subordinated bonds.

Regarding the transaction, Gattai Minoli e Associati acted as legal advisor to the lending banks, with a team composed of Partner Nicola Gaglione and Associate Eleonora Banfi.

GENERALFINANCE

Founded in 1982 and operating for over 30 years in the factoring sector, Generalfinance is a supervised financial intermediary, specialized in financing the working capital of companies, able to guarantee rapid and customized interventions according to the different needs of customers. Operating at the two offices in Milan and Biella with a team of about 70 professionals, Generalfinance is a leader in the factoring segment for distressed companies.

Generalfinance S.p.A. Chief Financial Officer - Investor Relations Ugo Colombo | u.colombo@generalfinance.it |+39 3355761968

EXTERNAL INVESTOR RELATIONS CONTACTS

CDR Communication Vincenza Colucci | vincenza.colucci@cdr-communication.it |+39 3356909547 Simone Concetti | simone.concetti@cdr-communication.it |+39 3346132553

MEDIA CONTACTS

CDR Communication Angelo Brunello | angelo.brunello@cdr-communication.it |+39 3292117752