Disclosure regarding the buyback of shares

Milan, 16 May 2022 – Following the resolution of the Board of Directors on 29 April 2022 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 29 April 2022, CIR S.p.A. announces that between 9 and 13 May 2022 it bought back, on the Euronext Milan market, 448,476 shares at an average unitary price of € 0.4093, for a total amount of € 183,571.59.

As of today, CIR S.p.A. is holding a total of 186,646,049 treasury shares, equal to 14.61% of its share capital. The subsidiaries of CIR do not own any shares in the Company.

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