Kme Group

Capital/Financing Update • Nov 9, 2023

Informazione Regolamentata n. 0240-80-2023		Data/Ora Inizio Diffusione 09 Novembre 2023 22:11:52	Euronext Milan
Societa'	:	KME GROUP
Identificativo Informazione Regolamentata	:	183154
Nome utilizzatore	:	SMIN02 - Mazza
Tipologia	:	3.1
Data/Ora Ricezione	:	09 Novembre 2023 22:11:52
Data/Ora Inizio Diffusione	:	09 Novembre 2023 22:11:52
Oggetto	:	and factoring	KME Group: Renewal of banks pool facility
Testo del comunicato

Vedi allegato.

KME Group SpA Registered Office: 20121 Milan (MI) Foro Buonaparte, 44 Share Capital: Euro 200,102,434.47 fully paid-in Milan Company Register – Tax I.D. Nr. 00931330583 www.itkgroup.it

PRESS RELEASE

KME GROUP: SIGNED RENEWAL OF BANK FACILITY FOR WORKING CAPITAL LINES OF 410 MILLION EURO SUSTAINABILITY‐ LINKED AND FACTORING LINES OF 376.5 MILLION EURO

Milan, 9th November 2023 ‐ KME Group S.p.A. informs that its subsidiary KME SE has signed an agreement with the Group's banks (Coordinating Mandated Lead Arranger: Deutsche Bank AG; Mandated Lead Arrangers: Banca Nazionale del Lavoro S.p.A. and UniCredit S.p.A.; Lead Arrangers: Banco BPM S.p.A., Banca Monte dei Paschi di Siena S.p.A. and Intesa Sanpaolo S.p.A.; Arrangers: Arab Bank Corporation S.A., Frankfurt Branch, Goldman Sachs Bank Europe SE, Mediobanca S.p.A. and illimity Bank S.p.A.) to extend the bank facility for an amount of 410 million euro, i.e. increased by 80 million euro compared to the expiring line, available on a revolving basis, with maturity date on 30th November 2025, with an additional one‐year extension option on lenders' consent.

The agreement includes Sustainability Linked provisions and confirms the flexible structure of the facility to cope with the Group's working capital financing needs that are primarily linked to the inventory.

At the same time, also the extensions of the existing factoring lines, until 30th November 2025, have been signed with Factofrance for 150 million euro, with TARGOBANK for 100 million euro and with Intesa Sanpaolo for 126.5 million euro.

The closing of the renewals is subject to the usual conditions precedent that are expected to be satisfied soon.

The extension of the agreements and related increase confirms the financing institutions' trust in the strategy and results performed by KME.

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The press release is available on the Company's website, www.itkgroup.it. Additional information may be directly requested from the Company (telephone number +39.02.806291; e.mail: info@itk.it) and through the "eMarket STORAGE" system at the address: .