BREMBO S.P.A.

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Brembo S p A : Option right offer and pre-emption of the shares subject to withdrawal

06/28/2021 | 09:39am

Stezzano, 28 June 2021

Final results of the option right offer

and pre-emption of the shares subject to withdrawal

Brembo S.p.A. announces that the acceptance period of the option right offer and pre-emption right pursuant to Article 2437-quater, paragraph 2, of the Italian Civil Code (the "Offer") ended on 24 June 2021. The Offer was reserved for shareholders who did not exercise, in whole or in part, the right of withdrawal following the amendment to Article 4 of the By-laws concerning the corporate purpose, approved by the General Shareholders' Meeting of Brembo in its extraordinary session held on 22 April 2021, for the purchase of 16,852 Shares, representing 0.00505% of Brembo's share capital ("Shares Subject to Withdrawal").

Within the framework of the Option Right Offer, on the basis of a ratio of 1 Share per each 19,219 options held, at the unit price of €10.036 ("Liquidation Value"), set in accordance with Article 2437-ter, paragraph 3, of the Italian Civil Code, Option Rights were exercised for 10,125 Shares Subject to Withdrawal, and Pre-emption Rights were exercised for 6,727 unopted shares ("Unopted Shares"). Given that the number of Shares for which the Pre-emption Right has been exercised exceeded the number of Unopted Shares, the distribution among all requesting parties was carried out in proportion to the number of Option Rights held by each of them.

Accordingly, all 16,852 Shares Subject to Withdrawal were purchased, for a total of approximately € 169,126.67, by virtue of the exercise of Option Rights and Pre-emption Rights, pursuant to Article 2437-quater, paragraphs 2 and 3, of the Italian Civil Code.

In addition, Nuova Fourb S.r.l. (the majority shareholder) exercised its Option Rights and Pre-emption Rights for the Unopted Shares to which it was entitled, for the purchase of a total of 15,840 shares, for a total of approximately €158,970.24.

The price of the Shares Subject to Withdrawal will be paid and the shares purchased will be credited and transferred on 1 July through the Monte Titoli system via the depositary intermediaries, without the need for any action by the shareholders who have exercised the right of withdrawal, nor by shareholders who have exercised their Option Right and Pre-emption Right (provided that they have first made available to their intermediaries the funds required to pay the price of the shares purchased

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through the exercise of the Option Rights and the Pre-emption Rights).

This press release was published today on Brembo's website at www.brembo.com, in the section Investors, For Shareholders, Company Notices, and on the authorised storage system "1info-storage"(www.1info.it), as well as by excerpt in the daily newspaper Il Sole 24 Ore on 29 June 2021, pursuant to the regulatory and statutory provisions in force from time to time.

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Company contacts:

Matteo Tiraboschi

Roberto Cattaneo

Executive Deputy Chairman

Chief Communication Officer

Ph. +39 035 605 2090

Tel. +39.02.6052347

e-mail: press@brembo.it

Laura Panseri

Head of Investor Relations

Ph. +39 035 605 2145

e-mail: laura_panseri@brembo.it

www.brembo.com

www.brembo.com

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Disclaimer

Brembo S.p.A. published this content on 28 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 13:38:06 UTC.

© Publicnow 2021
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