* It should be noted that Augusto S.p.A. in liquidation holds an equity investment equal to 51.251% (of the total share capital of Aedes SIIQ S.p.A.), of which n. 126,562,589 ordinary shares (equal to 48.0577% of the total ordinary shares) and n. 17,251,539 special shares (equal to 100% of the total number of special shares).
On November 26, 2021, the shareholder Augusto S.p.A. in liquidation, in the context of the update of the communication pursuant to art. 120 TUF, following the conversion by Augusto of no. 23,000,000 special shares in ordinary shares, confirmed to Aedes SIIQ that it is the legitimate owner of a further n. 5,020,618 Aedes ordinary shares, equal to 1.9064% of the share capital consisting of Aedes ordinary shares (a total of 263,355,730), deposited on April 18, 2017 as collateral to the issue and subscription of the 2017 Bond Loan not returned to expiry of the Loan, which is why Augusto SpA has pleaded a serious default and has not repaid the aforementioned loan. In the course of the proceedings initiated by Augusto, unlawful acts of disposition emerged with respect to these actions, of a nature and in favor of recipients yet to be ascertained, apparently implemented in England. In particular, Augusto is not yet able to know whether the aforementioned Aedes shares are deposited on other accounts in any case attributable to the depositary or whether they have been, in whole or in part, sold to subjects connected to the depositary or definitively sold to third parties in good faith. . Augustus also started legal investigations in England to be aware of what really happened. To date, Augusto is unable to exercise the rights relating to the aforementioned n. 5,020,618 Aedes ordinary shares, nor was it able to exercise the related option rights on the occasion of the Aedes share capital increase resolved on February 15, 2021 by the Aedes Board of Directors and concluded on April 12, 2021 and the described state of serious uncertainty remains regarding the recoverability of the availability of the same. In the event of effective recovery of the availability of these shares, Augusto would recover the ability to fully exercise the rights relating to his participation, without this resulting in an obligation to promote the takeover bid.