• Establishment of an increased voting list 

• Automatic renewal of investment agreement entered into with Cdp Equity S.p.A. until 2nd august 2024

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Milan (Italy), 5th April 2022 - Webuild hereby informs that, as a result of the fulfilment of all the planned objectives, the industrial initiative, known as Progetto Italia, aimed at creating a large Italian infrastructure player has been fully completed, also by virtue of the entry of CDP Equity S.p.A. as well as the country's main financial institutions (Intesa Sanpaolo, Unicredit, Banco BPM) into the company's capital. In addition to guaranteeing the growth of the Webuild Group, the operation has enabled several companies in the sector to join forces and acquire innovative technical and engineering skills to respond promptly to the investment programmes in the large infrastructure sector promoted by national governments, also in relation to the Sustainable Development Goals (SDGs) defined by the UN and the fight against climate change.

The business combinations carried out as part of the project have given rise to a new Group that re-affirms its international vocation, while consolidating its strong foothold in Italy with the ambition of accompanying the entire chain of major works in terms of dimensional and technological growth as part of the infrastructure development plan that the Italian government is pursuing.

The completion of the Progetto Italia has a statutory impact, with the automatic expiry of certain transitional clauses intended for that purpose. Consequently, today, the Company has filed the Articles of Association with the Business and Trade Registry, in the text that incorporates the aforementioned amendments (which shall also be made available to the public in accordance with the procedures and timeframes provided for by applicable laws and regulations). 

As a result of the above, the Company has finally set up the Special List of Shareholders who intend to take advantage of the increased voting rights pursuant to Art. 13 et seq. of the Articles of Association.  In this regard, please note that the technical formalities relating to the operations of the Registry are currently being completed, at the end of which the relevant Implementing Rules, which govern, inter alia, the terms and conditions for registration in said List, including the application form for registration, shall be made available to the public on the company's website (www.webuildgroup.com) in the "Investors/Shareholders and Capital/Added Vote” section. 

Finally, it should be noted that the investment agreement entered into on 2nd August 2019 between, inter alia, Salini Costruttori S.p.A., CDP Equity S.p.A., and the Company concerning, in particular, certain rules of corporate governance of the Company shall remain valid and effective until 2nd August 2024, being automatically renewed for a further 2 years. For further information on the contents as well as the terms and conditions of the aforementioned shareholders' agreements, please refer to the Essential Information available for consultation on the company website (www.webuildgroup.com) in the "Governance/Other Documents" section.