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Yolo Group

Capital/Financing Update Feb 28, 2025

4450_rns_2025-02-28_5cebb056-50f8-43c6-a9bc-81e044ff77a5.pdf

Capital/Financing Update

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Informazione
Regolamentata n.
20264-6-2025
Data/Ora Inizio Diffusione
28 Febbraio 2025 16:12:46
Euronext Growth Milan
Societa' : YOLO GROUP
Identificativo Informazione
Regolamentata
: 201874
Utenza - Referente : YOLOGROUPN01 - -
Tipologia : REGEM
Data/Ora Ricezione : 28 Febbraio 2025 16:12:46
Data/Ora Inizio Diffusione : 28 Febbraio 2025 16:12:46
Oggetto : OPENING OF THE NINTH CONVERSION
PERIOD OF THE BOND LOAN
DENOMINATED "YOLO GROUP
CONVERTIBLE 5% 2022-2025"

Testo del comunicato

Vedi allegato

YOLO

OPENING OF THE NINTH CONVERSION PERIOD OF THE BOND LOAN DENOMINATED "YOLO GROUP CONVERTIBLE 5% 2022-2025"

Milan, 28 February 2025 - YOLO Group S.p.A. ("YOLO" or the "Company") one of the leading players in the Italian insurtech market of digital insurance services listed on Euronext Growth Milan, announces that on March 3 rd , 2025, the Ninth Conversion Period of the bond convertible into YOLO ordinary shares named "Yolo Group Convertibile 5% 2022-2025" (ISIN code IT0005503856) will open. The Ninth Conversion Period will close on March 26th, 2025.

During the Ninth Conversion Period, each Bondholder has the right to request conversion of the Convertible Bonds into Conversion Shares (the "Conversion Right") based on the conversion ratio of number 1,000 (one thousand) Yolo Group Shares for each bond submitted for conversion on ("Conversion Ratio") and therefore at the implied unit price per single share equal to 4,15 Euro.

The following is also a breakdown of the Convertible Bonds still outstanding:

N. Issued
Shares
N. Converted Bonds N. Outstanding
Bonds
Convertible Bonds 722 0 722

For more information, please refer to the Regulations of the convertible bond called "Yolo Group Convertible 5% 2022-2025" available on the company's website www.yoloinsurance.com (Investor Relations section).

***

The press release is available in the Investor/Press Release section of www.yolo-insurance.com.

***

For the transmission and storage of Regulated Information, YOLO Group S.p.A. uses the eMarket and the eMarket STORAGE storage mechanism available at managed by Teleborsa S.r.l. - based in Piazza di Priscilla, 4 - Rome.

YOLO GROUP

YOLO Group is an insurtech company, among the leading ones in Italy and with a presence abroad, with two lines of offerings: services to enable digital distribution of insurance products from insurance companies, banks, and retailers (e.g., utilities and large retailers); and direct distribution of insurance products made in collaboration with companies.

Since its establishment at the end of 2017, YOLO has developed several partnerships in Italy and abroad to enable digital insurance offerings.

In direct distribution, YOLO has adopted, in addition to a digital model, a hybrid model combining digital and physical channels (so-called phygital). In 2022, it launched Yolo Insurance Network (YIN), a platform that enables smaller insurance agencies and brokers to integrate digital into the physical management and distribution model. About 600 brokers have joined YIN. YOLO has been listed since 2022 in the ordinary segment of Euronext Growth Milan. Major shareholders, in addition to the two co-founders (Gianluca De Cobelli and Simone Ranucci Brandimarte), include Generali Italia, Intesa Sanpaolo Vita, Neva SGR, Primo Ventures SGR, Mansutti, IBL Banca, Net Insurance, Smart4Tech, and Banco Desio e della Brianza. Website: www.yolo-insurance.com

CONTACTS

Investor Relations

Francesco Grieco [email protected]

Media Relations

Twister communications group Lucia Saluzzi + 39 347 5536979 Emilio Miosi + 39 338 6546410 [email protected]

Euronext Growth Advisor EnVent Italia SIM S.p.A Paolo Verna [email protected]

Fine Comunicato n.20264-6-2025 Numero di Pagine: 4
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