Fondazione Enpaia rises to 6.2% of MASI's share capital

Masi Agricola SpA - a company listed on Euronext Growth Milan and among the Italian leaders in the production of premium wines - announces that it has received from the Enpaia Foundation (National Welfare Body for Agricultural Workers and Employees) a notice of increase of its shareholding in MASI Agricola equal to 6.2% of the share capital.

The Company appreciates the increase in investment by the Enpaia Foundation and the recent declarations of the same, according to which Masi is one of the " direct mission-related and strategic investments, with an important role in the financial portfolio ", since " they provide with constant flows of dividends and increase their value over time ”, as he appreciated what was declared by the Chairman Giorgio Piazza at the time of the acquisition of the first 4% in Masi, defined as “ an investment in a well structured company ”.

Below is a summary table of the shareholding as of today's date, according to the Company's knowledge, with an indication of the shareholders who hold at least a 5% stake (so-called "significant shareholders"):

AGRICULTURAL MASI

Masi Agricola is a winery rooted in Valpolicella Classica that produces and distributes fine wines anchored to the values of the Venetian territory. Thanks to the use of native grapes and methods, and to continuous research and experimentation, Masi is today one of the best-known Italian producers of fine wines in the world. Its wines and in particular its Amarones are multi-awarded by international critics. The Group's business model combines high quality and efficiency with the updating of local values and traditions. All in a vision that leads Masi to stand out not only for its core business, but also for the implementation of experimental and research projects in the agricultural and wine-growing fields, for the enhancement and promotion of the territory and the cultural heritage of the Venetian regions. The Group can count on a strong international vocation: it is present in around 140 countries, with an export quota of around 72% of total turnover. The Masi Group had a turnover of around 75 million euros in 2022 with an EBITDA margin of around 18%. Masi has a precise growth strategy based on three pillars: organic growth through strengthening in the many markets where it is already a protagonist; expansion of the offer of wines linked to the territories and techniques of the Venetians, also by aggregating other wineries; achievement of a more direct contact with the final consumer, giving more meaningful meanings to one's internationally recognized brand.

The alphanumeric code of the shares is “MASI” and the ISIN code is IT0004125677.

EGA and Specialist of the company is Equita Sim SpA.