Clarification regarding the press release issued on November 22,

2022

Cagliari, November 23, 2022

With reference to the press release issued on November 22nd 2022, the Company specifies that the proposed proxy that will be submitted for approval at the upcoming shareholders' meeting will have a maximum total capacity of 60,000,000.00 euros, including premium, and not 120,000,000.00 euros as reported by some media publications.

The instrument, which is still to be defined, will be subject to approval by the shareholders' meeting and it will enable the Company to seize, with an appropriate timing, the most favorable conditions with the aim of supporting in an increasingly efficient way the implementation of the industrial plan

  • to date fully funded - as well as to seize the opportunity to carry out any extraordinary operations and/or capital strengthening.

Investor Relations Officer Patrizia Tammaro Silvapatrizia.tammarosilva@tiscali.com+39 335 7959913

Press Office

Ilenia Loi

+39 07046011 iloi@tiscali.com

About Tiscali

Tiscali S.p.A. (Italian Stock Exchange. Milan: TIS), the Smart Telco with the largest Fibre coverage available in Italy, provides its

customers - individuals, businesses and PA - with a wide range of services: Broadband and UltraBroadband fixed and Fixed Wireless Internet access, Mobile Phone services and value-added services (including security, cloud and socialmedia services). Tiscali is also one of Italy's leading news portals, with over 9 million visitors per month to its credit. Tiscali's Web site can be reached at www.tiscali.it

Tiscali S.p.A.

Headquarters Location Sa Illetta km 2,300, 09123 Cagliari, Italy Tel. +39 070 4601 1

Cap. Soc. 185,513,965.37 i. v. P.IVA 02375280928 R.E.A. 191784 C.I.A. Cagliari tiscali.com

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Tiscali S.p.A. published this content on 23 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2022 20:06:08 UTC.