Yolo Group

Regulatory Filings • Feb 23, 2024

Informazione Regolamentata n. 20264-12-2024	Data/Ora Inizio Diffusione 23 Febbraio 2024 18:23:45		Euronext Growth Milan
Societa'	:	YOLO GROUP
Identificativo Informazione Regolamentata	:	186528
Utenza - Referente	:	YOLOGROUPN01 - Francesco Greco
Tipologia	:	REGEM
Data/Ora Ricezione	:	23 Febbraio 2024 18:23:45
Data/Ora Inizio Diffusione	:	23 Febbraio 2024 18:23:45
Oggetto	:	YOLO SUBMITS APPLICATION TO TRANSFER FROM EURONEXT GROWTH MILAN PROFESSIONAL SEGMENT TO EURONEXT GROWTH MILAN

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YOLO SUBMITS APPLICATION TO TRANSFER FROM EURONEXT GROWTH MILAN PROFESSIONAL SEGMENT TO EURONEXT GROWTH MILAN

• Admission to Euronext Growth Milan is scheduled for February 27th 2024 and the start of trading for February 29th 2024.
• With the transition to Euronext Growth Milan, the remaining outstanding securities of the Convertible Bond "YOLO GROUP CONVERTIBLE 5% 2022-2025" will also be traded on Euronext Growth Milan.
• Opening of the fifth conversion period of the Convertible Bond "YOLO GROUP CONVERTIBLE 5% 2022-2025" from March 1st , 2024

Milan, 23 February 2024 - 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 the Euronext Growth Milan - Professional Segment, announces that it has submitted today to Borsa Italiana S.p.A. ("Borsa Italiana") the application to transfer from the Euronext Growth Milan - Professional Segment, dedicated to institutional and professional investors, to the Euronext Growth Milan market, organized and managed by Borsa Italiana, open to retail investors.

Subject to confirmation by the Italian Stock Exchange, the admission to trading of the Company's ordinary shares and convertible bond "YOLO GROUP CONVERTIBLE 5% 2022-2025" on Euronext Growth Milan is scheduled for February 27th , 2024, whereas the trading start date is scheduled for February 29th 2024.

Since the first day of trading, MIT SIM S.p.A will act as the Company's Specialist Operator as required by the Euronext Growth Milan Issuers' Regulations.

The Company also announces that on March 1st 2024, the Fifth Conversion Period of the bond convertible into YOLO ordinary shares named "Yolo Group Convertible 5% 2022-2025" (ISIN code IT0005503856) will open. The Fifth Conversion Period will close on March 31 st 2024.

Please note that the Board of Directors' meeting to approve the draft financial statements as of December 31st 2023 is scheduled for March 21 st 2024 therefore, as stipulated in the Bond Convertible Regulation Art. 8.3(d), conversion requests may not be submitted from the day (included) in which the board of directors' meeting convening a shareholders' meeting for the approval of the annual financial statements was held until the day (included) on which the same was held (even in a call subsequent to the first one).

During the Fifth Conversion Period, each Bondholder has the right to request the conversion of the Convertible Bonds into Converted Shares (the "Conversion Right") based on the conversion ratio of 1,000 (one thousand) Yolo Group Shares for each bond presented for conversion ("Conversion Ratio") and therefore at the implied unit price per single share of Euro 4.15.

Below is also a breakdown of the Convertible Bonds still outstanding:

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

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

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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. - with registered office in Piazza di Priscilla, 4 - Rome.

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YOLO GROUP

YOLO Group, listed on the professional segment of Euronext Growth Milan, is one of the leading players in the Italian insurtech market of digital insurance services. YOLO won the 'Best IPO 2022' award promoted by Assonext and 'Best Capital Market Transaction' at the MF Insurance Awards 2023. In 2022, it was included in the "State of Insurtech" report prepared by CBInsights among the top exits in Q3 2022 and was included in The DIA Community Top 250 ranking, the global selection of the best insurtech startups. The company's shareholders include its two co-founders (Gianluca De Cobelli and Simone Ranucci Brandimarte), Generali Italia, Intesa Sanpaolo Vita, Neva SGR, Primo Ventures SGR, Be The Change, CRIF, Mansutti, Net Insurance, Miro Venture and Banca di Piacenza. Website: www.yolo-insurance.com

CONTACTS

Investor Relations

Franceso Grieco investor.relations@yolo-group.com

Media Relations

Twister communications group Lucia Saluzzi + 39 347 5536979 Emilio Miosi + 39 338 6546410 yolo@twistergroup.it

Euronext Growth Advisor EnVent Italia SIM S.p.A Paolo Verna pverna@envent.it

Fine Comunicato n.20264-12-2024	Numero di Pagine: 4