Clarification – Merger by incorporation of IGD PROPERTY SIINQ S.p.A. and of PUNTA DI FERRO SIINQ S.p.A into IGD SIIQ S.p.A.

Following the press release published today with reference to the merger by incorporation of IGD PROPERTY SIINQ S.p.A. and of PUNTA DI FERRO SIINQ S.p.A into IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD SIIQ S.p.A.” or the “Issuer”), please note that the merger has been approved in accordance with an exemption from the application of the Related Party Transaction Procedure of the Issuer, pursuant to Art. 14, par. 2, of the CONSOB Regulation containing provisions on transactions with related parties and Art. 12.1, lett. (f) of such Procedure, provided that the transaction has been carried out with controlled entities of IGD SIIQ S.p.A. and that no other related parties of the Issuer have a significant interest therein.

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