OVS S p A: Interest rate and return on the Sustainability-Linked Bond for an amount up to ?? 200,000,000

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PRESS RELEASE

INTEREST RATE AND RETURN NOTICE

FOR THE OBLIGATION RELATED TO SUSTAINABLE DEVELOPMENT FOR AN AMOUNT OF UP TO € 200,000,000

Venice, October 25, 2021- Following the press release published on October 15, 2021 and the publication of the prospectus (the “Prospectus“) relating to the public offer (the”Offer“) and the admission to trading of the senior unrated, unsecured, non-convertible bond (the”Bind“) to be issued by OVS SpA (the”Society“), and approved by the Central Bank of Ireland on

October 14, 2021 and passport to Italy on October 15, 2021, in addition to the Prospectus, the interest rate and the yield of the Bonds are announced.

The interest rate on the Bonds will be 2.25% on an annual basis. Based on the Interest Rate and taking into account the issue price equal to 100% of the nominal value, the bond yield will be equal to 2.25% per year. The yield indicated in this paragraph is calculated as the yield to maturity on the issue date (the “Date of issue“) of the Bonds and is not an indication of future performance.

In addition, as described in the Prospectus, in the KID (Key Information Document) relating to the Bonds and in the Sustainability-Linked Bonds Framework relating to the sustainability objectives of OVS available to the public on the Company’s website, please note that ” given the durability-related characteristic of the Bonds, the Interest Rate of the Bonds will be increased, until the maturity date of the Bonds, by a margin of up to 0.25% per year for each period interest starting from the date of interest payment immediately after the OVS ‘failure to meet certain sustainability performance targets against certain key performance indicators provided for in the General Conditions of Bonds by 2024 , or in the event of OVS ‘failure to report on these key performance indicators within the deadlines set out in the General Conditions of Obligations.

In addition, it should be noted that the Bonds Issue Date will begin on October 27, 2021 at 9:00 a.m. (CET) and will end on November 3, 2021 at 5:30 p.m. (CET), subject to postponement, early closing or modification, by the Society. and the Equita SIMSpA placement agent

Equita SIMSpA will act as placement agent for the Offer and has been appointed by the Company to offer and display the tickets for sale on the MOT.

Further information is available in the Prospectus, which is publicly available on the Company’s website: https://www.ovscorporate.it/en/sustainability-linked-finance.

In addition, further information regarding the total principal amount of the Notes, the number of Notes sold and the proceeds of the Offer will be disclosed no later than the first Business Day following the end of the Offer Period.

25 October 2021

SPA OVS

Legal seat: Via Terraglio, 17

30174 Venezia Mestre, Italy T +39 041 2397500 F +39 041 2397630 N. Iscrizione Reg. Impress Venice

CF and PI 04240010274

www.ovscorporate.it

Social capital euro 290,923,470.00 iv

For more information: Federico Steiner Barabino & Partners SpA

E-mail: [email protected] Mobile +39 335.42.42.78

Investor Relations OVS SpA [email protected] Via Terraglio n. 17, 30174, Venice – Mestre

NOT INTENDED FOR DISCLOSURE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY OR TO PERSONS LOCATED OR RESIDING IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION IN WHICH SUCH CONDUCT REQUIRES THE AUTHORIZATION OF LOCAL AUTHORITIES IS OTHERWISE PROHIBITED BY APPLICABLE LAW.

This press release and the information it contains do not include or constitute an offer to sell securities or a solicitation of an offer to buy securities in the United States of America, Australia, Canada or the United States. Japan or any other country in which such offer or solicitation would require permission of local authorities or otherwise is prohibited by applicable law (the “Other countries“).

This press release, any part of it or its distribution may not form the basis of any agreement or investment decision or be relied upon with respect to any agreement or investment decision. The securities have not been and will not be registered in the United States of America under the United States Securities Act of 1933, as amended (the “Securities Act“), or under the laws of other countries. Securities may not be offered or sold in the United States of America unless they are registered under the Securities Act or there is an exemption from registration under the Securities Act, OVS SpA does not intend to register any part of the Offer in the United States of America.

This press release does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. This press release has been prepared on the basis that any offer of securities to which it refers in the United Kingdom and in any member state of the European Economic Area subject to the Prospectus Regulation will be made on the basis of an approved prospectus by the competent authority. and published in accordance with the Prospectus Regulation and / or by virtue of an exemption from the Prospectus Regulation from the obligation to publish a prospectus for offers of securities.

The term “prospectus regulation” means Regulation (EU) 2017/1129 (this regulation and its amendments, as well as all delegated and implementing acts). This document does not constitute a prospectus within the meaning of the Prospectus Regulations. Investors should not subscribe to any security referred to in this document, except on the basis of the information contained in the relevant prospectus.

SPA OVS

Legal seat: Via Terraglio, 17

30174 Venezia Mestre, Italy T +39 041 2397500 F +39 041 2397630 N. Iscrizione Reg. Impress Venice

CF and PI 04240010274

www.ovscorporate.it

Social capital euro 290,923,470.00 iv


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