Business
Tinexta S p A : Exercise of put option by Intesa Sanpaolo on stake in Tinexta Innovation Hub
Tinexta S p A : Exercise of put option by Intesa Sanpaolo on stake in Tinexta Innovation
About this update from Tinexta Spa
PRESS RELEASE EXERCISE OF THE PUT OPTION BY INTESA SANPAOLO ON ITS 9.52% STAKE IN TINEXTA INNOVATION HUB S.P.A. Milan, February 4, 2026 - Following the press release dated December 24, 2024, Tinexta S.p.A. (the "Company" or "Tinexta") announces that Intesa Sanpaolo S.p.A. has exercised its put option on its 9.52% stake in Tinexta Innovation Hub S.p.A. for a price of €48,276,751.46. The exercise of the put option will result in a loss recognized in the Group's equity and a loss recognized in the income statement in Tinexta's separate financial statements. Specifically, these amounts are expected to be approximately €34 million in Tinexta's consolidated financial statements as of December 31, 2025, and approximately €22 million in Tinexta's separate financial statements as of December 31, 2025 1 . Once the price verification procedure provided for in the contract has been completed, payment of the consideration by Tinexta and the transfer of the shareholding must take place by September 30, 2026. TINEXTA SpA Tinexta is an industrial Group that offers innovative solutions for the digital transformation and growth of companies, professionals and institutions. Listed on the Euronext STAR Milan (MIC: MTAA), it is included in the European Tech Leader index as a high-growth tech company. Based in Italy with representatives in 12 countries spread across Europe and Latin America and over 3,000 employees, Tinexta is active in the strategic Digital Trust, Cybersecurity and Business Innovation sectors. As of 31 December 2024, the Group reported consolidated revenues of €455 million, Adjusted EBITDA of €111 million and Net profit of €25 million. tinexta.com | Stock ticker: TNXT, ISIN Code IT0005037210 Corporate Communication Alessandra Ruzzu Tel. +39 06 42 01 26 31 [email protected] Press Office Carla Piro Mander Tel. +39 06 42 01 26 31 [email protected] Barabino & Partners Stefania Bassi Tel. +39 335 6282 667 [email protected] Investor Relations Josef Mastragostino Tel. +39 06 42 01 26 31 [email protected] 1 This information on accounting effects is based on preliminary estimates. This information has not been audited and therefore may be subject to change, including significant change.