Eurotech S.p.A. Via Fratelli Solari 3/a, 33020 Amaro (UD) - ITALY VAT n° IT01791330309 | TAX code 01791330309 | Company register UDINE | Economic Administrative Index REA 196115 | Share capital 14.906.386,25 EUR |
PRESS RELEASE
EUROTECH: LARGEST SHAREHOLDER EMERA S.R.L. COMMITS
TO PROVIDING ADDITIONAL FINANCIAL RESOURCES
.
Amaro (Udine), 23 October 2026 – Eurotech S.p.A. (Euronext STAR Milan: ETH), a multinational company engaged in the development of Edge AI solutions and edge computing systems (“ Eurotech ” or the “Company ”), announces that its largest shareholder, Emera S.r.l. (“ Emera”), has undertaken a new commitment to make one or more contributions towards a future share capital increase in favour of Eurotech, up to an aggregate maximum amount of EUR 1 million , by the end of the 2026 financial year, as required by the Company.
This commitment follows a similar undertaking most recently made by Emera and disclosed by Eurotech on 11 September 2025, for a maximum amount of EUR 6.5 million. Following the contributions already made, an outstanding amount of up to EUR 3.5 million remains available to be contributed by Emera towards a future share capital increase, upon Eurotech's request.
The above -mentioned financial resources are intended to meet the Company's working capital requirements arising from evolving conditions in the component procurement market and the acquisition of the business unit of VEM Solutions S.p.A., as well as to con tinue supporting the turnaround and development plan of the Company and the Eurotech Group.
As Emera qualifies as a related party of Eurotech – given that (i) it exercises at least significant influence over Eurotech, being its largest shareholder and the entity responsible for appointing the entire Board of Directors of Eurotech, and (ii) Eurote ch directors Aldo Fumagalli and Davide Albino Carando, in turn, exercise significant influence over Emera, being indirect shareholders thereof as well as members of its governing body – the new commitment undertaken by Emera for a maximum amount of EUR 1 m illion was approved by the Board of Directors, following the favourable opinion of the Related Parties Committee and with directors Fumagalli and Carando abstaining from voting, in accordance with Eurotech's Procedure for Related Party Transactions. The transaction qualifies as a related party transaction of lesser significance , as it does not exceed the applicable consideration materiality threshold pursuant to the Consob Regulation adopted by Resolution No. 17221/201 0, as subsequently amended and supplemented.
Eurotech S.p.A. Via Fratelli Solari 3/a, 33020 Amaro (UD) - ITALY VAT n° IT01791330309 | TAX code 01791330309 | Company register UDINE | Economic Administrative Index REA 196115 | Share capital 14.906.386,25 EUR |
Eurotech
Eurotech is a multinational company that designs and develops edge computing platforms and systems integrating hardware, software, AI, cybersecurity and services. Eurotech solutions enable intelligent data processing close to operational infrastructures, s upporting applications in industrial, transportation and energy sectors, as well as other high -reliability environments. Eurotech works with leading technology partners worldwide, developing a global ecosystem for the delivery of integrated Edge AI and Int ernet of Things (IoT) projects and solutions.
www.eurotech.com
CONTA CTS :
Eurotech My Twin Communication Corporate Communication IR Advisor Federica Maion Mara Di Giorgio || Federico Bagatella d: +39 0433 485411 +39 335 7737417 || + 39 331 8007258 e: federica.maion@eurotech.com eurotech@mytwincommunication.com