Yolo Group

Share Issue/Capital Change • Apr 30, 2024

Informazione Regolamentata n. 20264-33-2024		Data/Ora Inizio Diffusione 30 Aprile 2024 18:26:37	Euronext Growth Milan
Societa'	:	YOLO GROUP
Identificativo Informazione Regolamentata	:	189935
Utenza - Referente	:	YOLOGROUPN01 - Francesco Grieco
Tipologia	:	REGEM
Data/Ora Ricezione	:	30 Aprile 2024 18:26:37
Data/Ora Inizio Diffusione	:	30 Aprile 2024 18:26:37
Oggetto	:	YOLO: OFFERING OF UNOPTED RIGHTS ON THE STOCK EXCHANGE
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YOLO

OFFERING OF UNOPTED RIGHTS ON THE STOCK EXCHANGE

Unopted Rights will be offered on the stock exchange on May 6 and 7, 2024

Milan, April 30, 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 Euronext Growth Milan, following the press release issued on April 24, 2024 reiterates the following.

On April 24, 2024, the period for exercising option rights ended, pursuant to Article 2441, paragraph 2, of the Civil Code relating to the rights offering of up to n. 4,451,511 newly issued YOLO ordinary shares, with no express par value and having the same characteristics as the outstanding shares (the "New Shares") resulting from the capital increase optioned by the Shareholders' Meeting on March 18, 2024 and whose final terms and conditions were set by the Board of Directors on April 3, 2024 (the "Capital Increase").

The 2,869,700 option rights not exercised during the Offering Period (the "Unopted Rights"), which entitle the holder to subscribe for a maximum of 1,348,759 New Shares, corresponding to 30.3% of the total New Shares offered, for a countervalue of a maximum of Euro 2,423,719.92, will be offered on the Stock Exchange by YOLO, through MIT SIM S.p.A, pursuant to Article 2441, paragraph 3, of the Italian Civil Code, in the sessions of May 6 and 7, 2024, unless the offer is closed early in the event of full sale of the Unopted Rights (the "Stock Exchange Offer"). As part of the Stock Exchange Offer, the Unopted Rights will be offered on the Euronext Growth Milan market, organized and managed by Borsa Italiana S.p.A., with ISIN code IT0005591091. In the first session, the entire quantity of the Unopted Rights will be offered, and in subsequent sessions any Unopted Rights not placed in the previous session will be offered.

The Unopted Rights give the right to subscribe for New Shares at a unit price of Euro 1.797, of which Euro 0.01 is to be charged to capital and Euro 1.787 is to be charged to share premium, at a ratio of 47 New Shares for every 100 Unopted Rights purchased.

The exercise of the Unopted Rights purchased under the Stock Exchange Offer and, consequently, the subscription of the New Shares shall be made, under penalty of forfeiture, through authorized intermediaries participating in the centralized management system of Monte Titoli S.p.A. (i) by and no later than May 7, 2024, with the same value date, in the event that the Stock Exchange Offer closes early following the full sale of the Unopted Rights in the session of May 6, 2024, or (ii) by and no later than May 8, 2024, with the same value date, in the event that the Unopted Rights are not fully sold on May 6, 2024 and the Exchange Offer closes on May 7, 2024.

The New Shares subscribed by the end of the Stock Exchange Offer will be credited to the accounts of authorized intermediaries participating in the centralized management system of Monte Titoli S.p.A. at the end of the accounting day of the last day of exercise of the Unopted Rights with availability on the same date.

It should be noted that the Key Information Document (KID) (in Italian), prepared pursuant to Regulation (EU) No. 1286/2014 and its implementing legislation, will be published on the Company's

website regarding the Unopted Rights, which will be offered on Euronext Growth Milan through MIT SIM S.p.A..

In the Capital Increase YOLO is assisted by EnVent Italia SIM S.p.A. (Global Coordinator), Sella Investment Banking (Financial Advisor) and ADVANT Nctm (Legal Advisors).

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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. - based in Piazza di Priscilla, 4 - Rome.

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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); direct distribution of insurance products made in collaboration with companies.

Since its establishment at the end of 2017, YOLO has developed 56 partnerships in Italy and abroad to enable digital insurance offerings. In direct distribution, YOLO has adopted a hybrid (so-called phygital) model, combining digital and physical channels. 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. YIN has 450 brokers signed up. YOLO has been listed since 2022 in the ordinary segment of Euronext Growth Milan. The shareholder base, in addition to the two co-founders

(Gianluca De Cobelli and Simone Ranucci Brandimarte), includes 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 Francesco 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.20264-33-2024	Numero di Pagine: 4