To access this website, the Admission Document, and any other information contained in the following pages, it is necessary to read and accept the disclaimer provided below, which should be carefully evaluated before reading, accessing, or using the information provided herein in any way. By accessing this website, you agree to be bound by the terms and conditions set forth below, which may be modified or updated and therefore must be read in their entirety every time you access this site.

The Admission Document presented in this section of the website (the “Admission Document“) has been prepared in accordance with the Issuers’ Regulation of the multilateral trading facility called “Euronext Growth Milan” organized and managed by Borsa Italiana S.p.A. for the purpose of admitting the ordinary shares (the “Shares“) of Mare Group S.p.A. (the “Company“) to such a trading facility. The offer of financial instruments contemplated in the Admission Document and any other information contained in the following pages do not constitute a “public offer” as defined by Legislative Decree No. 58 of February 24, 1998, and subsequent amendments (the “TUF“), and therefore, there is no requirement to prepare a prospectus under the schemes provided by EU Delegated Regulation No. 2019/980.

The Admission Document is therefore not a prospectus, and its publication does not need to be authorized by CONSOB pursuant to EU Regulation No. 2017/1129 or any other regulation governing the preparation and publication of prospectuses under Articles 94 and 113 of the TUF, including the issuers’ regulation adopted by CONSOB by resolution No. 11971 of May 14, 1999, as subsequently amended and supplemented. The information contained in this section of the website is disseminated in accordance with Articles 17 and 26 of the Euronext Growth Milan Issuers’ Regulation.

The Admission Document and any other information contained in this section of the website are accessible only by individuals who: (a) are residents of Italy and are not domiciled in or currently located in the United States of America, Australia, Japan, Canada, or any other country where the dissemination of the Admission Document and/or such information requires approval by the competent local authorities or is in violation of local laws or regulations (“Other Countries“); and (b) are not “U.S. Persons” as defined in Regulation S of the United States Securities Act of 1933, as amended, nor are acting on behalf of or for the benefit of such “U.S. Persons” without the existence of appropriate registration or a specific exemption from registration as provided under the United States Securities Act and applicable regulations. Access to this website, download, or temporary or permanent storage of the Admission Document and any other information contained in this section of the website is prohibited for “U.S. Persons” as defined above. The information contained in this section of the website may not be copied or forwarded. Under no circumstances is it permitted to distribute, directly or indirectly, the Admission Document and any other information contained in this section of the website to persons in the conditions set forth in points (a) and (b) above, and in particular, in the United States, Australia, Japan, Canada, or the Other Countries.

Regulation S of the United States Securities Act of 1933, as amended, defines a “U.S. Person” as: (1) any natural person resident in the United States; (2) partnerships and corporations incorporated and organized under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. Person; (4) trusts of which any trustee is a U.S. Person; (5) any agency, branch, or office of a person located in the United States; (6) non-discretionary accounts; (7) other similar accounts (except estates or trusts) managed or administered on behalf of or for the benefit of a U.S. Person; (8) partnerships and corporations if (A) incorporated and organized under the laws of any foreign jurisdiction; and (B) formed by a U.S. Person principally for the purpose of investing in securities not registered under the United States Securities Act of 1933, unless they are formed and owned by accredited investors (as defined in Rule 501(a) of the United States Securities Act of 1933) who are not natural persons, estates, or trusts.

Failure to comply with this provision may constitute a violation of the United States Securities Act or the applicable law of other jurisdictions.

The information contained on this website (or on any other website with which this website has hypertext links) does not constitute an offer, invitation to offer, or promotional activity in relation to the Shares of the Company to any citizen or resident of Canada, Australia, Japan, or the United States of America or in any other country in which such acts are not permitted without specific exemptions or authorizations from the competent authorities. The Shares are not and will not be registered under the United States Securities Act of 1933, as amended, or with any regulatory authority of any state or other jurisdiction of the United States of America, and may not be offered or sold in the United States of America or to, or for the account or benefit of, a “U.S. Person,” as defined above, in the absence of such registration or an express exemption from such requirement or in the Other Countries.

To access this website, the Admission Document, and any other information contained in the following pages, I declare under my full responsibility that I am a resident of Italy and not domiciled or currently located in the United States of America, Australia, Japan, Canada, or the Other Countries, and that I am not a “U.S. Person” as defined in Regulation S of the United States Securities Act of 1933, as amended.