Pirelli & C S p A : ACQUIRES A 24.99% STAKE IN RIDESENSE, A START-UP SPUN OUT FROM THE UNIVERSITY OF NAPLES FEDERICO II AND THE MEGARIDE GROUP

About this update from Pirelli & C. S.p.a.

Naples, 2 July 2026 - Pirelli has entered into an agreement with RIDEsense, a start-up spun out from the Department of Industrial Engineering at the University of Naples Federico II and the MegaRide Group, which specialises in the development of advanced technologies for mobility, to collaborate on the development of new software solutions to be integrated into the Pirelli Cyber™ Tyre ecosystem. The agreement, which grants Pirelli a licence to use RIDEsense's virtual sensor technology and includes specific safeguards regarding the granting of rights to third parties, also provides for Pirelli to acquire a 24.99% equity stake in RIDEsense, together with an option to increase its holding up to 100% of the company's share capital. The integration of the physical sensors used in the Pirelli Cyber™ Tyre system with RIDEsense's virtual sensors (algorithms that process information generated by the sensors already installed in vehicles) will further expand the contribution of Cyber™ Tyre to the vehicle's electronic safety systems. It will also strengthen existing functions, such as aquaplaning detection, while enabling the development of new capabilities related to tyre diagnostics and, more broadly, vehicle diagnostics. The Pirelli Cyber™ Tyre ecosystem therefore adds another key element in its evolution towards playing an increasingly important role in ADAS and autonomous driving systems.PIRELLI CYBER™ TYRE Already fitted as original equipment on selected vehicle models currently on the market, the Pirelli Cyber™ Tyre system is the world's first integrated hardware and software solution capable of collecting data from sensors embedded in tyres and processing it using Pirelli's proprietary software and algorithms. The information is transmitted to the vehicle's electronic systems in real time, enabling new functions integrated with driving and control systems, including ABS, ESP and traction control. The aim of Pirelli's technology is to improve vehicle safety, performance and efficiency. It can also be used to monitor the condition of road infrastructure, helping to identify situations that may pose potential risks to road users. Pilot projects for this application are already underway in collaboration with public authorities.RIDEsense RIDEsense's technology is based on physics-based algorithms that model vehicle and tyre behaviour. It is available both as soft...

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