Calendar of events for 2026

Milan, January 23 2026 – CIR S.p.A. announces that the Company’s calendar of events for 2026 will be as follows:

Monday09.03.202610.00 a.m.Board of Directors Meeting (Pro-forma Financial Report for 2025)  
Monday27.04.202610.00 a.mAnnual General Meeting of the Shareholders (Approval of Financial Report for 2025)  
Friday31.07.202610.00 a.m.Board of Directors Meeting (Half-year Financial Report for 2026)

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Disclosure regarding the buyback of shares

Milan, 19 January 2026 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 12 and 16 January 2026 it bought back, on the Euronext Milan market, n. 290,000 shares at an average unitary price of € 0.7046, for a total amount of € 204,337.00.
As of today, CIR S.p.A. is holding a total of 53,602,127 treasury shares, equal to 5.85% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 12 January 2026 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 5 and 9 January 2026 it bought back, on the Euronext Milan market, n. 405,412 shares at an average unitary price of € 0.7189, for a total amount of € 291,451.03.
As of today, CIR S.p.A. is holding a total of 53,312,127 treasury shares, equal to 5.82% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 5 January 2026 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 29 December 2025 and 2 January 2026 it bought back, on the Euronext Milan market, n. 215,565 shares at an average unitary price of € 0.7144, for a total amount of € 153,988.90.
As of today, CIR S.p.A. is holding a total of 52,906,715 treasury shares, equal to 5.78% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Update of the key information contained in the FDB shareholders’ agreement

Milan, 5 January 2026 – Notice is hereby given that the key information document drafted pursuant to Article 130 of Consob Regulation 11971/1999 (“Rules for Issuers”) on the shareholders’ agreement concerning shares in Fratelli De Benedetti S.p.A. (“FDB”) and CIR S.p.A. – Compagnie Industriali Riunite (“CIR”) (the “FDB SHA“) has been updated as of 5 January 2026 for the purpose of taking into account changes concerning the financial instruments of FDB and CIR held directly and indirectly by the parties to the FDB SHA.

The key information document on the provisions contained in the FDB SHA has been published, pursuant to the above-mentioned Art. 130 of the Rules for Issuers, on CIR’s website at www.cirgroup.it/en/shareholders-agreements/.

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Disclosure regarding the buyback of shares

Milan, 24 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 22 and 23 December 2025 it bought back, on the Euronext Milan market, n. 175,000 shares at an average unitary price of € 0.7053, for a total amount of € 123,427.50.
As of today, CIR S.p.A. is holding a total of 52,691,150 treasury shares, equal to 5.75% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 22 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 15 and 19 December 2025 it bought back, on the Euronext Milan market, n. 340,000 shares at an average unitary price of € 0.7083, for a total amount of € 240,836.00.
As of today, CIR S.p.A. is holding a total of 52,516,150 treasury shares, equal to 5.73% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 15 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 9 and 12 December 2025 it bought back, on the Euronext Milan market, n. 530,000 shares at an average unitary price of € 0.7067, for a total amount of € 374,560.00.
As of today, CIR S.p.A. is holding a total of 52,176,150 treasury shares, equal to 5.70% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 9 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 5 and 8 December 2025 it bought back, on the Euronext Milan market, n. 105,000 shares at an average unitary price of € 0.7118, for a total amount of € 74,743.50.
As of today, CIR S.p.A. is holding a total of 51,646,150 treasury shares, equal to 5.64% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 5 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 1 and 4 December 2025 it bought back, on the Euronext Milan market, n. 630,000 shares at an average unitary price of € 0.7142, for a total amount of € 449,954.50.
As of today, CIR S.p.A. is holding a total of 51,541,150 treasury shares, equal to 5.63% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 1 December 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 24 and 28 November 2025 it bought back, on the Euronext Milan market, n. 1,041,000 shares at an average unitary price of € 0.7168, for a total amount of € 746,145.60.
As of today, CIR S.p.A. is holding a total of 50,911,150 treasury shares, equal to 5.56% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 24 November 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 17 and 21 November 2025 it bought back, on the Euronext Milan market, n. 663,898 shares at an average unitary price of € 0.6892, for a total amount of € 457,579.80.
As of today, CIR S.p.A. is holding a total of 49,870,150 treasury shares, equal to 5.44% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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CIR reaches binding agreement to acquire F2i Healthcare’s 40.23% stake in KOS SpA

Milan, 19 November 2025 – Today CIR and F2i reached a binding agreement for the sale to CIR of the 40.23% stake in KOS S.p.A. (“KOS”) held by F2i Healthcare S.p.A., a company 61.4% controlled by F2i (the “Transaction”).

The purchase price for the shares is €220.0 million. Prior to closing, KOS will distribute an extraordinary reserve of €24.86 million, of which €10.0 million will be attributable to F2i and the remainder to CIR.

The agreement further states that, should KOS exceed certain performance thresholds in 2026 and 2027 – set above the current business plan objectives – CIR will pay F2i an additional consideration (the “earn-out”), up to a maximum of €30.0 million.

The agreement also includes an “anti-embarrassment” clause, pursuant to which F2i will be entitled to receive an amount equivalent to 40.23% of the gains, with respect to the implicit valuation in the purchase price, arising from any extraordinary transaction carried out by CIR and involving KOS’ assets, with the exclusion of infragroup transactions. This entitlement will apply until 30 June 2028 in the event of a cash sale by CIR of KOS shares, or until 30 June 2027 in the case of other transactions.

The Transaction is subject to regulatory approvals, particularly those required under Italian Golden Power legislation and German antitrust rules and is expected to be completed within three months from today’s date.

The Transaction will be financed by CIR using part of its available liquidity, which amounted to €363.3 million as of 30 June 2025.

Upon completion of the Transaction, CIR will own 100% of the share capital of KOS S.p.A.

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Disclosure regarding the buyback of shares

Milan, 17 November 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 10 and 14 November 2025 it bought back, on the Euronext Milan market, n. 335,000 shares at an average unitary price of € 0.6884, for a total amount of € 230,623.50.
As of today, CIR S.p.A. is holding a total of 49,383,774 treasury shares, equal to 5.39% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 10 November 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 3 and 7 November 2025 it bought back, on the Euronext Milan market, n. 425,000 shares at an average unitary price of € 0.6832, for a total amount of € 290,371.50.
As of today, CIR S.p.A. is holding a total of 49,048,774 treasury shares, equal to 5.35% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 3 November 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 27 and 31 October 2025 it bought back, on the Euronext Milan market, n. 970,000 shares at an average unitary price of € 0.7001, for a total amount of € 679,049.50.
As of today, CIR S.p.A. is holding a total of 48,623,774 treasury shares, equal to 5.31% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 27 October 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 20 and 24 October 2025 it bought back, on the Euronext Milan market, n. 545,000 shares at an average unitary price of € 0.6780, for a total amount of € 369,521.00.
As of today, CIR S.p.A. is holding a total of 47,653,774 treasury shares, equal to 5.20% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 20 October 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 13 and 17 October 2025 it bought back, on the Euronext Milan market, n. 732,445 shares at an average unitary price of € 0.6529, for a total amount of € 478,201.01.
As of today, CIR S.p.A. is holding a total of 47,108,774 treasury shares, equal to 5.14% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 13 October 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 6 and 10 October 2025 it bought back, on the Euronext Milan market, n. 732,995 shares at an average unitary price of € 0.6633, for a total amount of € 486.189,79.
As of today, CIR S.p.A. is holding a total of 46,376,329 treasury shares, equal to 5.06% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 6 October 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 29 September and 3 October 2025 it bought back, on the Euronext Milan market, n. 430,001 shares at an average unitary price of € 0.6566, for a total amount of € 282,322.15.
As of today, CIR S.p.A. is holding a total of 45,643,334 treasury shares, equal to 4.98% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 29 September 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 22 and 26 September 2025 it bought back, on the Euronext Milan market, n. 479,072 shares at an average unitary price of € 0.6462, for a total amount of € 309,589.10.
As of today, CIR S.p.A. is holding a total of 45,213,333 treasury shares, equal to 4.94% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 22 September 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 15 and 19 September 2025 it bought back, on the Euronext Milan market, n. 406,000 shares at an average unitary price of € 0.6387, for a total amount of € 259,293.10.
As of today, CIR S.p.A. is holding a total of 44,734,261 treasury shares, equal to 4.88% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 15 September 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 8 and 12 September 2025 it bought back, on the Euronext Milan market, n. 265,000 shares at an average unitary price of € 0.6208, for a total amount of € 164,499.00.
As of today, CIR S.p.A. is holding a total of 44,328,261 treasury shares, equal to 4.84% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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Disclosure regarding the buyback of shares

Milan, 8 September 2025 – Following the resolution of the Board of Directors on 28 April 2025 on the continuation of the share buyback plan launched on 17 March 2025, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2025, CIR S.p.A. announces that between 1 and 5 September 2025 it bought back, on the Euronext Milan market, n. 225,000 shares at an average unitary price of € 0.6156, for a total amount of € 138,506.50.
As of today, CIR S.p.A. is holding a total of 44,063,261 treasury shares, equal to 4.81% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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