IGD has redeemed, in full, the Notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021”

Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), pursuant to conditions 7(c) (Redemption at the option of the Issuer) and 7(g) (Cancellation) of the terms and conditions of the notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021” (ISIN: XS1425959316) (the “Notes”), further to the notice addressed to the holders of the Notes published on 13 January 2021, today has redeemed in full, for an aggregate principal amount equal to Euro 70,793,000, and therefore cancelled the Notes. This transaction falls within the financial strategy of the Company, as previously communicated.

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