Recordati Industria Chimica e Farmaceutica

Transaction in Own Shares • Dec 23, 2025

NEWS RELEASE

RECORDATI: UPDATE ON THE EXECUTION OF THE SHARE BUY-BACK PROGRAM

Milan, 23rd December 2025 – Within the Recordati's share buy-back program communicated to the market on 16th December 2025 and initiated on 17th December 2025, as per authorization granted by the Shareholders' Meeting held on 29th April 2025, with the object of the servicing of current stock option and/or performance shares plans in favour of the Recordati Group's management and/or sharebased incentive plans that might be approved by the Company in the future, the Company communicates the following purchase transactions of Recordati shares pursuant to art. 2, paragraph 3, of the EU Delegated Regulation 2016/1052/EU, on the basis of the information provided by UBS Europe SE as intermediary in charge of executing, in full independency, the share buy-back program on behalf of the Company.

Aggregate details of daily transactions made from 17 th to 19 th December 2025 in Recordati ordinary shares (ISIN IT0003828271) are as follows:

SUMMARY OF PURCHASE TRANSACTIONS
Date	Type of Transaction	Quantity	Weighted average price (Euro)	Exchange
17/12/2025	Purchase	2,221	48.5129	MTA
18/12/2025	Purchase	1,674	48.4122	MTA
19/12/2025	Purchase	9,155	48.3205	MTA
TOTAL		13,050	48.3650

The details of all the purchase transactions carried out in the period indicated above are reported in the following pages.

On 19 th December 2025, the Company held no. 4,717,290 treasury shares which amount to 2.256% of the current share capital.

Recordati is an international pharmaceutical Group listed on the Italian Stock Exchange (XMIL: REC), with roots dating back to a family-run pharmacy in Northern Italy in the 1920s. We are uniquely structured to provide treatments across specialty and primary care, and rare diseases. Our fully integrated operations span clinical development, chemical and finished product manufacturing, commercialisation and licensing. We operate in approximately 150 countries across EMEA, the Americas and APAC with over 4,580 employees. We believe that health is a fundamental right, not a privilege. Today, our purpose of "unlocking the full potential of life" aims at empowering individuals to live life to the fullest, whether addressing common health challenges or the rarest.

RECORDATI INDUSTRIA CHIMICA E FARMACEUTICA S.p.A.

Registered Office Via Matteo Civitali, 1 20148 Milano, Italy Tel. +39 02 487871 Fax +39 02 40073747 www.recordati.com

Share Capital € 26.140.644,50 fully paid-up Milano, Monza, Brianza and Lodi Comp. Reg. No. 00748210150 Tax Code/VAT No. 00748210150 Milano R.E.A. No. 401832

Investor Relations

Eugenia Litz +44 7824 394 750 Eugenia.Litz@recordati.com Gianluca Saletta +39 348 979 4876 saletta.g@recordati.it

Media Relations

ICR Healthcare US: Alexis Feinberg +1 203 939 2225 Alexis.feinberg@icrhealthcare.com UK, Europe & Rest of World: Jessica Hodgson +44 7561 424 788 jessica.hodgson@icrhealthcare.com

Attachment: daily details of transactions

Date	Time (GMT)	Currency	Exchange	Price	Quantity
17/12/2025	08:12:38	EUR	MTA	47,8800	103
17/12/2025	08:12:38	EUR	MTA	47,8600	148
17/12/2025	10:00:03	EUR	MTA	48,0600	49
17/12/2025	10:00:03	EUR	MTA	48,0600	208
17/12/2025	10:28:22	EUR	MTA	48,3000	18
17/12/2025	10:30:07	EUR	MTA	48,3000	11
17/12/2025	10:31:50	EUR	MTA	48,3000	250
17/12/2025	11:54:17	EUR	MTA	48,5800	271
17/12/2025	13:14:13	EUR	MTA	48,6600	249
17/12/2025	14:20:53	EUR	MTA	48,9200	247
17/12/2025	15:02:17	EUR	MTA	49,1200	234
17/12/2025	15:44:48	EUR	MTA	48,6800	254
17/12/2025	16:21:22	EUR	MTA	48,5000	169
17/12/2025	16:21:22	EUR	MTA	48,5000	10
18/12/2025	16:09:20	EUR	MTA	48,4400	171
18/12/2025	16:07:40	EUR	MTA	48,4400	31
18/12/2025	15:22:19	EUR	MTA	48,3800	159
18/12/2025	15:02:20	EUR	MTA	48,4000	32
18/12/2025	15:02:20	EUR	MTA	48,4000	152
18/12/2025	13:30:01	EUR	MTA	48,2400	182
18/12/2025	13:30:01	EUR	MTA	48,2400	41
18/12/2025	13:30:01	EUR	MTA	48,2400	153
18/12/2025	11:57:26	EUR	MTA	48,4000	155
18/12/2025	11:14:15	EUR	MTA	48,5800	9
18/12/2025	11:14:15	EUR	MTA	48,5800	205
18/12/2025	09:49:18	EUR	MTA	48,4000	178
18/12/2025	08:36:20	EUR	MTA	48,5800	53
18/12/2025	08:36:20	EUR	MTA	48,5800	153
19/12/2025	08:00:14	EUR	MTA	48,4400	260
19/12/2025	08:07:42	EUR	MTA	48,3000	237
19/12/2025	08:17:57	EUR	MTA	48,3200	17
19/12/2025	08:17:57	EUR	MTA	48,3200	191
19/12/2025	08:17:57	EUR	MTA	48,3200	24
19/12/2025	08:39:28	EUR	MTA	48,4400	41
19/12/2025	08:39:28	EUR	MTA	48,4800	23
19/12/2025	08:39:28	EUR	MTA	48,4800	114
19/12/2025	08:39:28	EUR	MTA	48,4600	114
19/12/2025	08:39:28	EUR	MTA	48,4400	46
19/12/2025	08:39:28	EUR	MTA	48,4400	48
19/12/2025	08:39:28	EUR	MTA	48,4400	190
19/12/2025	08:39:28	EUR	MTA	48,4400	46
19/12/2025	08:43:34	EUR	MTA	48,4000	39
19/12/2025	08:43:34	EUR	MTA	48,4000	50
19/12/2025	08:43:34	EUR	MTA	48,4000	35
19/12/2025	09:07:56	EUR	MTA	48,5600	28
19/12/2025	09:07:56	EUR	MTA	48,5600	219
19/12/2025	09:25:52	EUR	MTA	48,5200	88
19/12/2025	09:25:52	EUR	MTA	48,5200	84

19/12/2025	09:25:52	EUR	MTA	48,5200	46
19/12/2025	09:25:52	EUR	MTA	48,5000	233
19/12/2025	10:10:13	EUR	MTA	48,4000	57
19/12/2025	10:10:13	EUR	MTA	48,4000	180
19/12/2025	10:29:51	EUR	MTA	48,4000	181
19/12/2025	10:29:51	EUR	MTA	48,4000	25
19/12/2025	10:29:51	EUR	MTA	48,4000	50
19/12/2025	10:52:11	EUR	MTA	48,4000	181
19/12/2025	10:52:44	EUR	MTA	48,3800	2
19/12/2025	10:52:44	EUR	MTA	48,3800	5
19/12/2025	10:52:59	EUR	MTA	48,3800	2
19/12/2025	10:52:59	EUR	MTA	48,3800	9
19/12/2025	10:52:59	EUR	MTA	48,3800	6
19/12/2025	10:52:59	EUR	MTA	48,3800	15
19/12/2025	10:52:59	EUR	MTA	48,3800	12
19/12/2025	10:52:59	EUR	MTA	48,3800	12
19/12/2025	10:53:00	EUR	MTA	48,3800	14
19/12/2025	10:53:00	EUR	MTA	48,3800	11
19/12/2025	10:53:14	EUR	MTA	48,3800	6
19/12/2025	10:56:14	EUR	MTA	48,3800	8
19/12/2025	10:56:14	EUR	MTA	48,3800	1
19/12/2025	10:56:14	EUR	MTA	48,3800	1
19/12/2025	10:56:14	EUR	MTA	48,3800	2
19/12/2025	10:56:14	EUR	MTA	48,3800	15
19/12/2025	10:56:14	EUR	MTA	48,3800	12
19/12/2025	10:58:14	EUR	MTA	48,4000	4
19/12/2025	10:58:14	EUR	MTA	48,4000	16
19/12/2025	10:58:14	EUR	MTA	48,4000	13
19/12/2025	10:58:14	EUR	MTA	48,4000	11
19/12/2025	11:09:38	EUR	MTA	48,4000	25
19/12/2025	11:09:38	EUR	MTA	48,4000	222
19/12/2025	11:09:38	EUR	MTA	48,4000	23
19/12/2025	11:21:32	EUR	MTA	48,3600	41
19/12/2025	11:36:52	EUR	MTA	48,2800	93
19/12/2025	11:36:52	EUR	MTA	48,2800	132
19/12/2025	11:58:56	EUR	MTA	48,2000	27
19/12/2025	11:58:56	EUR	MTA	48,2400	253
19/12/2025	12:18:10	EUR	MTA	48,2800	147
19/12/2025	12:18:10	EUR	MTA	48,2800	125
19/12/2025	12:27:57	EUR	MTA	48,2000	65
19/12/2025	12:27:57	EUR	MTA	48,2000	37
19/12/2025	12:46:03	EUR	MTA	48,2600	198
19/12/2025	13:02:01	EUR	MTA	48,2400	46
19/12/2025	13:02:01	EUR	MTA	48,2400	198
19/12/2025	13:21:33	EUR	MTA	48,2800	100
19/12/2025	13:21:33	EUR	MTA	48,2600	125
19/12/2025	13:21:33	EUR	MTA	48,2600	61
19/12/2025	13:21:33	EUR	MTA	48,2800	50
19/12/2025	13:21:33	EUR	MTA	48,2600	227
19/12/2025	13:21:33	EUR	MTA	48,2600	43
19/12/2025	13:39:38	EUR	MTA	48,2200	35

19/12/2025	13:44:25	EUR	MTA	48,2000	52
19/12/2025	13:44:25	EUR	MTA	48,2000	45
19/12/2025	13:45:53	EUR	MTA	48,1800	42
19/12/2025	13:55:30	EUR	MTA	48,1600	56
19/12/2025	13:55:30	EUR	MTA	48,1600	229
19/12/2025	14:19:38	EUR	MTA	48,0400	184
19/12/2025	14:19:38	EUR	MTA	48,0400	68
19/12/2025	14:27:53	EUR	MTA	48,0200	268
19/12/2025	14:28:55	EUR	MTA	48,0000	9
19/12/2025	14:28:55	EUR	MTA	48,0000	60
19/12/2025	14:28:55	EUR	MTA	48,0000	60
19/12/2025	14:43:48	EUR	MTA	48,0800	251
19/12/2025	14:54:50	EUR	MTA	48,1600	94
19/12/2025	14:54:50	EUR	MTA	48,1600	143
19/12/2025	15:05:25	EUR	MTA	48,2800	218
19/12/2025	15:10:42	EUR	MTA	48,2200	31
19/12/2025	15:10:42	EUR	MTA	48,2200	41
19/12/2025	15:18:52	EUR	MTA	48,2600	164
19/12/2025	15:18:52	EUR	MTA	48,2600	79
19/12/2025	15:26:44	EUR	MTA	48,2200	24
19/12/2025	15:30:03	EUR	MTA	48,2200	257
19/12/2025	15:30:03	EUR	MTA	48,2200	23
19/12/2025	15:30:03	EUR	MTA	48,2400	23
19/12/2025	15:34:36	EUR	MTA	48,2800	29
19/12/2025	15:45:32	EUR	MTA	48,2600	252
19/12/2025	15:56:52	EUR	MTA	48,2600	48
19/12/2025	16:03:03	EUR	MTA	48,4600	67
19/12/2025	16:03:03	EUR	MTA	48,4600	205
19/12/2025	16:04:14	EUR	MTA	48,4400	37
19/12/2025	16:07:52	EUR	MTA	48,5600	33
19/12/2025	16:07:52	EUR	MTA	48,5600	35
19/12/2025	16:10:00	EUR	MTA	48,5400	255
19/12/2025	16:15:53	EUR	MTA	48,5000	5
19/12/2025	16:15:53	EUR	MTA	48,5000	7
19/12/2025	16:15:53	EUR	MTA	48,5000	7
19/12/2025	16:20:07	EUR	MTA	48,4800	205
19/12/2025	16:26:00	EUR	MTA	48,5600	241
19/12/2025	16:26:00	EUR	MTA	48,5600	11