Creactives Group SpA: Resolutions of the Ordinary and Extraordinary Shareholders' Meeting

[ Report ]

Verona (pta035/24.11.2022/17:59) - Verona, November 24, 2022. Creactives Group S.p.A. (" Creactives Group " or the " Company ") (ISIN IT0005408593 - ticker: CREG ), an international company that develops Artificial Intelligence technologies to address real-life business problems in the Supply Chain, announces that today the Company's Shareholders' Meeting approved:

- in the ordinary session , the admission of the Company's shares to trading on Euronext Growth Milan (" EGM "), possibly Professional Segment (and in this case also through a mere just listing).

However, the Ordinary Shareholders' Meeting did not resolve to increase the number of directors from 3 to 4 to allow for the appointment of a director of the Company who meets the independence requirements of Article 148, paragraph 3, TUF, because the director candidate proposed by the Board of Directors withdrew his candidacy for professional reasons. In order to proceed with the appointment of the independent director, the Company's Board of Directors will convene a new Ordinary Shareholders' Meeting;

- in the extraordinary session , (a) the adoption of a new text of the Articles of Association whose effectiveness will be subject to the Company's admission on EGM, possibly PRO Segment, as well as (b) the amendment of the authorization to increase the share capital granted by the Extraordinary Shareholders' Meeting to the Board of Directors on October 28, 2020 (providing additional criteria for determining the price of the newly issued shares) and (c) the revision of the terms and conditions for the granting of bonus shares by providing that they will be granted to all those who will have uninterruptedly held the shares resulting from the conversion of the convertible bond from the date of the start of trading on the Vienna Multilateral Trading System (May 20, 2020) until the fourth working day following the registration of the shareholders' resolution. The bonus shares will instead be assigned on the working day following the record date.

Further details on the above resolutions are available in the Explanatory Report of the Board of Directors of Creactives Group S.p.A. published on the Company's website, in the Investor Relations - Shareholders' meetings section, as well as in the press releases of November 4 and 7, 2022.

This press release is available in the Investor Relations section at https://www.creactivesgroup.com/

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