Consob Resolution n. 21525 changed of October 7, 2020, for a period of three months starting on October 13, 2020, and unless anticipated revocation, some threshold relevant for the communication obligation pursuant to article 120, paragraph 2 of TUF. Tamburi Investment Partners S.p.A. is included in the list of companies section B for which a new threshold for communication have been set at 3%, reduced from the previous 5%. Therefore TIP shareholders that reach and exceed (increase or decrease) the threshold of 3% participation in the voting capital of TIP, are required to communicate it in the manner and within the terms provided for by the aforementioned art. 120, paragraph 2, of the TUF and by art. 117 and following of the Issuers' Regulation. It should be noted that anyone, on the date of entry into force of Consob Resolution n. 21326 of April 9, 2020, held a stake equal to or greater than the lower threshold of 3%, within 10 working days of the entry into force of the aforementioned Resolution, it had to provide for the transmission of the communication ex art. 120, paragraph 2, TUF.