1
THE ITALIAN SEA GROUP S.p.A.
Registered office in Carrara (MS), Marina di Carrara, Viale C. Colombo, 4bis share capital euro 26,500,000.00 fully paid up Tax code and registration no. in the North -West Tuscany Companies Register 00096320452
ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING HELD ON 30 SEPTEMBER 2026
Summary account of the votes
pursuant to Article 125 -quater, paragraph 2, of Legislative Decree No. 58/1998 Item 1.1 of the ordinary session Financial statements as of 31 December 2025. Approval of the financial statements as of 31 December 2025. Reports of the Board of Directors, the Board of Statutory Auditors and the Auditing Firm. Presentation of the consolidated financial statements as of 31 December 20 25 and the consolidated sustain ability report for the 2025 financial year;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.429.731 99,818% 53,641% 56.839.731 99,909% 69,819% Votes Against 51.727 0,182% 0,098% 51.727 0,091% 0,064% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 1.2 of the ordinary session Financial statements as of 31 December 2025. Allocation of profit for the financial year;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883% Votes Against 0 0,000% 0,000% 0 0,000% 0,000% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
2
Item 2 of the ordinary session Approval of the second section of the report on the remuneration policy and compensation paid, pursuant to Article 123 -ter of Italian Legislative Decree No. 58 of 24 February 1998, as subsequently amended;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.429.731 99,818% 53,641% 56.839.731 99,909% 69,819% Votes Against 51.727 0,182% 0,098% 51.727 0,091% 0,064% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 3 of the ordinary session Acknowledgement of the resignation of BDO Audit Services S.r.l. from the office of statutory auditor and conferral of the new statutory audit engagement pursuant to Article 13 of Italian Legislative Decree No. 39/2010, upon reasoned proposal of the Board o f Statutory Auditors;
determination of the duration of the engagement and of the related fee;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.429.731 99,818% 53,641% 56.839.731 99,909% 69,819% Votes Against 51.727 0,182% 0,098% 51.727 0,091% 0,064% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 4.1 of the ordinary session Appointment of the Board of Directors; related and consequent resolutions: determination of the number of members of the Boar d of Directors;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883% Votes Against 0 0,000% 0,000% 0 0,000% 0,000% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
3
Item 4.2 of the ordinary session Appointment of the Board of Directors; related and consequent resolutions: determination of the duration of the term of offic e;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883% Votes Against 0 0,000% 0,000% 0 0,000% 0,000% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 4.3 of the ordinary session Appointment of the Board of Directors; related and consequent resolutions: appointment of the members of the Board of Directors;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights List 1 28.429.731 99,818% 53,641% 56.839.731 99,909% 69,819% Votes Against 51.727 0,182% 0,098% 51.727 0,091% 0,064% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 4.4 of the ordinary session Appointment of the Board of Directors; related and consequent resolutions: appointment of the Chair of the Board of Directors ;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.462.646 99,934% 53,703% 56.872.646 99,967% 69,860% Votes Against 18.812 0,066% 0,035% 18.812 0,033% 0,023% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
4
Item 4.5 of the ordinary session Appointment of the Board of Directors; related and consequent resolutions: determination of the remuneration payable to the m embers of the Board
of Directors;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.429.731 99,818% 53,641% 56.839.731 99,909% 69,819% Votes Against 51.727 0,182% 0,098% 51.727 0,091% 0,064% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 5.1 of the ordinary session Appointment of the Board of Statutory Auditors; related and consequent resolutions: appointment of the members of the Board o f Statutory
Auditors;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights List 1 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883% Votes Against 0 0,000% 0,000% 0 0,000% 0,000% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
Item 5.1 of the ordinary session Appointment of the Board of Statutory Auditors; related and consequent resolutions: Proposal of the shareholder GC Holding S. p.A.: appointment of the Chair of the Board of Statutory Auditors;
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.462.646 99,934% 53,703% 56.872.646 99,967% 69,860% Votes Against 18.812 0,066% 0,035% 18.812 0,033% 0,023% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
5
Item 5.2 of the ordinary session Appointment of the Board of Statutory Auditors; related and consequent resolutions: determination of the remuneration payable to the members of the Board of Statutory Auditors.
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.462.646 99,934% 53,703% 56.872.646 99,967% 69,860% Votes Against 18.812 0,066% 0,035% 18.812 0,033% 0,023% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%
6
Item 1 of the extraordinary session Grant to the Board of Directors of the power to increase the share capital for consideration, in one or more tranches and on a divisible basis, including with exclusion or limitation of pre -emption rights pursuant to paragraphs 4 and 5 of Article 2441 of t he Italian Civil Code, pursuant to Article 2443 of the Italian Civil Code, as well as of the power to issue participating financial instruments pursuant to paragraph 6 of Article 2346 of the Italian Civil Code; consequent amendments to Article 6 of the By -laws, by inserting new paragraph 6.23 and amending paragraph 6.16; related and conseq uent resolutions.
Shares present at the meeting when the vote was opened no. 28.481.458, equal to 53,739% of the share capital; such shares correspond to no. 56.891.458 votes, equal to 69,883% of the voting rights.
The voting result was the following:
No. Shares % of Shares Participating in the Vote % of Share Capital No. Votes % of Votes Participating in the Vote % of Voting Rights Votes for 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883% Votes Against 0 0,000% 0,000% 0 0,000% 0,000% Abstentions 0 0,000% 0,000% 0 0,000% 0,000% No votes 0 0,000% 0,000% 0 0,000% 0,000% Total 28.481.458 100,000% 53,739% 56.891.458 100,000% 69,883%