Dexelance S p A : IR News SUCCESSFUL CONCLUSION OF DISCUSSIONS WITH LENDING INSTITUTIONS TO OBTAIN WAIVERS RELATING TO THE COVENANTS OF SOME EXISTING LOANS

Milan, 23 December 2025

Dexelance S.p.A., a diversified industrial group among the Italian leaders in high-end design, lighting and furniture ("Dexelance", the "Group" or the "Company"), further to the announcement made on 12 November 2025 regarding the start of discussions with some lending institutions, the Company hereby announces that it has obtained the waivers requested in relation to the amendment of the financial leverage covenant set forth in some Group's financing agreements, in relation to the measurement based on the financial statements as of 31 December 2025.

It should be noted that such waivers are not conditional to the successful completion of the capital increase with pre-emptive rights announced on 11 December 2025, the progress of which remains subject to the approval of the relevant authorization to the Board of Directors by the extraordinary shareholders' meeting convened for 20 January 2026, as well as to its subsequent execution.

This press release is also available on the Company's website and distributed via the 1Info SDIR system (https://www.1info.it).