Disclosure regarding the buyback of shares

Milan, 29 May 2023 – Following the resolution of the Board of Directors on 28 April 2023 on the continuation of the share buyback plan launched on 16 March 2022, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2023, CIR S.p.A. announces that between 22 and 26 May 2023 it bought back, on the Euronext Milan market, 514,000 shares at an average unitary price of € 0.3704, for a total amount of € 190,385.90. As of today, CIR S.p.A. is holding a total of 41,129,327 treasury shares, equal to 3.715% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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