Verification of the condition precedent to the change of corporate purpose - Information for exercising the right of withdrawal

Milan, 13 July, 2023 – Growens S.p.A. –GROW (the “Company” or the “Issuer” or “Growens”), a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field, following the press releases issued today on the closing of the Email Service Provider Business, announces that the condition precedent was verified to the change of the corporate purpose introducing typical holding activities, as resolved by the extraordinary general shareholders meeting on 9 March 2023 (the “Statutory Amendment”). Consequently, non-concurring shareholders are effectively entitled to the right of withdrawal of all or part of their stake, according to art. 2437, par. 1, lett. A) of the Italian civil code (the “Right of Withdrawal”).