Eurogroup Laminations S.p.a MIL:EGLA

EuroGroup Laminations S p A : Transaction between EMS, main shareholder of EGLA, and FountainVest

Published

Source: MarketScreener

PRESS RELEASE

(issued at the request and on behalf of E.M.S. Euro I'1anagement Services S. p.A. and Ferrum Investment Ltd.)

Transaction between EMS, main shareholder of EGLA, and FountainVest

With reference to the press release published on 28 July 2025 in relation to the transaction (the Trazssactiozz) between the majority shareholder E.M.S. Euro Management Services

S. p.A. (E fS) and Ferrum Investment Ltd. a newly incorporated investment vehicle owned by funds advised by FountainVest (Poonta7nV'est), EuroGroup Laminations S. p.A. (the C'ompany) informs that its majority shareholder and FountainVest, also in light of news arose in the press and other media, have communicated certain updates regarding the regulatory authorizations which are condition precedents of the Transaction.

In particular, EMS, FountainVest and the Company confirm that the Italian Golden Power approval pursuant to Law Decree n. 21/2012 has been obtained with the imposition of certain behavioral conditions suitable to safeguard relevant national interest in line with applicable rules.

EMS and FountainVest are now working on the remaining pending authorizations required by the competent antitrust and foreign direct investment authorities, namely the Antitrust approval in Plexico and the Foreign Direct Investment authorization required in India. With particular reference to the India foreign direct investment, the Company was informed that the procedure commenced before the Indian authority has been interrupted in light of complexities that have arisen and that EMS and FountainVest have started discussions to jointly explore possible alternatives to comply with the Indian regulations (including the potential carve-out of the Indian subsidiary of the group) and achieve completion of the Transaction.

The Company is not a party to the contractual agreements between EMS and FountainVest and, at this stage, is not in a position to assess the respective contractual positions of the parties, nor to anticipate the outcome of any initiatives that may be undertaken by EMS and FountainVest in connection with the implementation of the Transaction.

The Company will continue to monitor developments and will inform the market and the public within the time limits and in the manner provided for by the applicable regulations.

For further information regarding the Transaction, please refer to the press release issued

on 28 July 2025.