Net Insurance

Capital/Financing Update • Mar 27, 2023

Informazione Regolamentata n. 20034-17-2023		Data/Ora Ricezione 27 Marzo 2023 18:28:53	Euronext Star Milan
Societa'	:	NET INSURANCE
Identificativo Informazione Regolamentata	:	174113
Nome utilizzatore	:	NETINSURANCEN01 - Pennisi
Tipologia	:	3.1
Data/Ora Ricezione	:	27 Marzo 2023 18:28:53
Data/Ora Inizio Diffusione presunta	:	27 Marzo 2023 18:28:54
Oggetto	:	Partial conversion subordinated bond
Testo del comunicato

Vedi allegato.

Net Insurance: Partial conversion subordinated bond

Rome, 27 march 2023 – Net Insurance, following the press release of last 23 februardy, announces that, on 21 march 2023 ended the ad hoc conversion period¹ in favour of the holders of the bond "€ 5,000,000.00 Fixed Rate Dated Subordinated Convertible Notes due 17 December 2030 (ISIN IT0005429268)".

In particular, the Company informs that the noteholders applied for conversion for a total nominal value equal to Eur 3,200,000 (no. 32 bonds, each with a denomination of 100,000 euros) and no. 533,312 treasury shares² of the Company were transferred in favour of noteholders to service the aforementioned conversion.

As a result of the partial conversion of the bond with the code Isin IT0005429268, the latter has a new nominal value equal to Eur 200,000.

¹ The ad hoc conversion period: from 27 february 2023 to 21 march 2023.

² The Company currently holds 1,256,629 treasury shares in its portfolio.

Net Insurance is an insurance company that aims to offer protection solutions for Individuals, Families and small- and medium-sized enterprises. Net Insurance's history, financial strength, agility and offering of innovative products and approaches make it a unique player within the Italian insurance industry. An evolving and future-oriented company.

CONTACT INFORMATION

Net Insurance S.p.A. Via Giuseppe Antonio Guattani, 4 00161 Rome https://www.netinsurance.it/

Press Office

Investor Relator

Rossella Vignoletti M: +39 347 7634424 Tel: +39 06 89326299 e-mail: rossella.vignoletti@netinsurance.it

Ottavio Pennisi Tel: +39 06 89326518 Fax: +39 06 89326300 e-mail: investor.relations@netinsurance.it

Specialist

Banca Finnat Euramerica S.p.A. Palazzo Altieri - Piazza del Gesù, 49

Lorenzo Scimìa

Tel: +39 06 69933446 Fax: +39 06 69933435 email: l.scimia@finnat.it