Milan, September 2, 2024 - Further to the Report of the Joint Representative of Webuild S.p.A. Savings Shareholders, Ms. Stella d'Atri, disclosed on August 31, 2024, in view of the Special Meeting convened by Ms. d’Atri on September 30, and the related content, specifically in relation to item 4 on the agenda, the Issuer notes the following:

• its utmost respect for the institutional activity of the Joint Representative of the Savings Shareholders, as per the role that the law assigns to that position, despite the extremely small size of the share capital represented (0.15%);
• it has strictly observed the regulatory constraints and governance provisions adopted by the Corporate Bodies, provided all the information required, commenced the planned dialogue and offered the utmost cooperation, including in terms of organization, to enable the Joint Representative to perform her functions;
• on the other hand, for the first time during Ms. d'Atri's term of office - as no such situation had ever occurred in the past - it was forced to challenge the non-justifiability, and sometimes the illegitimacy, of the conduct adopted, also on a personal basis, which was detrimental to the Issuer's rights, and to have, in this respect, also obtained injunction orders. 

The Issuer also notes:

• that ownership of savings shares is mainly opaque. Indeed, most shares are held in trust, making it impossible to identify the party that actually exercises social rights and deals with the Joint Representative. The Issuer's request to state whether there were any savings shareholders’ agreements was unanswered;
• that no negotiations are in place to liquidate the Savings Shares, contrary to that stated by Ms. d'Atri. 

The Issuer reserves the right to take all legal actions necessary to safeguard its image and assets against Ms. Stella d'Atri, given the incorrect, incomplete and deceptive information circulated and the statements unexpectedly made by the latter.